Toncoin, a relatively new entrant in the blockchain space, has obliterated previous records by achieving a staggering 104,715 transactions per second on October 31, 2023. This isn’t just a win; it’s a revolution in speed and efficiency for the entire crypto world.
What is Toncoin Crypto?
Toncoin’s journey began with a simple yet ambitious goal when it was introduced to the world on August 26, 2021. It was not just another blockchain; it was the promise of a faster, more scalable future. Fast forward to the present, and Toncoin stands tall with a current trading price of $2.3855, as per the latest CoinMarketCap figures. But it’s the 7-day performance that’s truly spectacular, boasting a 13.37% increase.
Toncoin prices doubled in 4 months since August 2023, and is still on an uptrend. It seems that the 2$ price mark might become a strong support price for Toncoin.
Toncoin Blockchain Speed…The Fastest?
Toncoin has officially set the crypto stage on fire with its record-breaking performance. Completing over 107 million transactions in just 25 minutes is no small feat. This milestone isn’t just about breaking records; it’s about breaking through ceilings of what we thought was possible in blockchain technology.
Why is Toncoin Blockchain Fast?
The secret sauce to Toncoin’s blistering speed is its unique horizontal sharding architecture. This isn’t your average blockchain setup; it’s a revolutionary approach that enhances transaction throughput while bolstering security and decentralization. Toncoin isn’t just fast; it’s a fortress moving at the speed of light.
Is Toncoin a Good Buy?
With such groundbreaking achievements, the question on everyone’s mind is: “Is Toncoin a good buy?” Considering its potential to support a TON-based Web3 ecosystem and its ambition to transform Telegram into a global decentralized SuperApp, Toncoin is more than just a good buy; it’s a glimpse into the future of how we will interact with blockchain technology.