TON has gained 15% this month, clocking record highs above $7, while bitcoin (BTC), the leading cryptocurrency by market value, declined 11% and the CoinDesk 20 Index, a broader market gauge, dropped 16%, CoinDesk data show. Open interest, or the dollar value locked in the number of perpetual futures tied to TON, has increased by over 17% to $160 million in the same period, CoinGlass gögn show. At one point, open interest topped $200 million. An uptick in open interest alongside a price rise reflects an influx of new money and confirms the uptrend.

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• Heimild: https://www.coindesk.com/markets/2024/04/16/ton-based-economy-starting-to-take-root-in-telegram-ton-foundation-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines