CryptoQuant, one of the most widely used on-chain analytics platforms in crypto, now offers native metrics for The Open Network. For a blockchain that has quietly built a massive user base through its Telegram integration, getting the full CryptoQuant treatment is a meaningful milestone.

The platform partnered with the TON Foundation to pull data directly from the Toncoin blockchain, giving traders and researchers the same depth of analytics previously reserved for networks like Bitcoin and Ethereum.

What the integration actually includes

CryptoQuant launched a dedicated TON Dashboard on January 9, 2025, featuring real-time on-chain indicators for network activity and transaction volumes.

The coverage extends beyond a single dashboard. CryptoQuant is offering TON data through pre-built charts, APIs, and community-built dashboards that include decentralized exchange insights. Exchange flows, network indicators, and asset-specific analysis are all part of the package.

TON by the numbers

The TON blockchain is recording approximately 2.16 million daily transactions and roughly 155,000 daily active wallets. Cumulative wallet activations have surpassed 162 million, a figure that reflects the network’s deep ties to Telegram’s user base.

TON’s transfer volumes have historically ranged between $5B and $10B daily during growth periods. That equates to roughly 10% to 20% of Bitcoin’s transaction capacity at comparable times.

The gap between 162 million cumulative wallet activations and 155,000 daily active wallets tells its own story. A lot of people have touched the TON ecosystem. Far fewer stick around on any given day.

Why this matters for investors

The DEX insights component is particularly worth watching. Decentralized exchange activity on TON has been growing as projects like STON.fi and DeDust build liquidity. Granular DEX data on CryptoQuant gives traders visibility into trading volumes, liquidity depth, and flow patterns that were previously harder to access in a unified format.