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TON DeFi Explodes as STON.fi Volume Surges 26x After Network Upgrades
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
DeFi activity on TON is accelerating rapidly, with DefiLlama data showing Total Value Locked jumping 20% in 24 hours. The biggest catalyst was STON.fi, which processed $40 million in daily swap volume after recent network upgrades a 26x surge from last week’s average. On-chain activity also intensified, averaging one transaction every 0.73 seconds. The momentum supports the “MTONGA” scaling vision backed by Pavel Durov, signaling growing utility, liquidity, and potential institutional attention for the TON ecosystem.
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