Reports indicate that TON tokens sold by Telegram are primarily flowing to TONX, with this transaction mainly aimed at long-term holding and participation in the staking ecosystem. It's worth noting that all tokens are subject to a four-year linear vesting period, a mechanism design that ensures ecosystem stability while reflecting the project team's consideration for healthy ecological development. Another highlight is that Telegram's first-half revenue reached $870 million, representing 65% growth compared to the same period last year, and the development of the TON ecosystem indeed contributed to this growth rate. From a financing perspective, this model of long-term lockup combined with staking participation helps attract more institutional capital to the TON ecosystem while simultaneously reducing market selling pressure.
Reports indicate that TON tokens sold by Telegram are primarily flowing to TONX, with this transaction mainly aimed at long-term holding and participation in the staking ecosystem. It's worth noting that all tokens are subject to a four-year linear vesting period, a mechanism design that ensures ecosystem stability while reflecting the project team's consideration for healthy ecological development. Another highlight is that Telegram's first-half revenue reached $870 million, representing 65% growth compared to the same period last year, and the development of the TON ecosystem indeed contributed to this growth rate. From a financing perspective, this model of long-term lockup combined with staking participation helps attract more institutional capital to the TON ecosystem while simultaneously reducing market selling pressure.