TON (CRYPTO: TON)

TON Return vs. S&P

TON Company Info

The Open Network (TON) uses its native cryptocurrency, TON Crystal, as a medium of exchange within its ecosystem. The TON blockchain is a high-performance decentralized network designed to provide scalability and speed, using a unique sharding protocol to bridge various blockchains. TON Crystal is used for transactions, payment for computation, and participation in the network’s governance. Developers use TON Crystals to deploy and interact with smart contracts on the TON blockchain, and it also acts as an incentivizing mechanism for validators and participants in the network’s proof-of-stake consensus mechanism.