Research: TON Capitalization will Exceed $20 Billion

The document “The Current State of Telegram Open Network: A sleeping Giant Awakens” states that the GRAM cryptocurrency could potentially enter the TOP-10 protocol cryptocurrencies over the past five years.

The study also mentions the high TON`s potential. Researchers emphasize that the Telegram project can become a gateway to cryptocurrencies and related applications for “banking services”, and it can be the first platform for Web 3.0 applications - “akin to the App Store for Web 2.0”.

However, TON still has to solve some internal and external problems before starting to implement its promising technologies.

Decentral Park highlighted three major problems for TON: a lack of openness for developers, a negative attitude from local governments, and an expected imbalance between demand and pressure from sellers.

According to the research, TON is less open to developers than its competitors, and this is a disadvantage "in a world where talent is scarce". Government skepticism may weaken the adoption of tokens.

According to recent reports, the launch of the TON is planned for late October.