KEYTAKEAWAYS
- TON Network Current Staking Falls To 680.9M TON, 26.50% Of Circulating Supply
- Solana's Daily Active Users Exceed 4 Million, Firmly Leading Among Public Chains
- RWA TVL Monthly Increase of 27.23%, RWA Enters Top 10 TVL Rankings
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
TON NETWORK CURRENT STAKING FALLS TO 680.9M TON, 26.50% OF CIRCULATING SUPPLY
The TON Network’s currently staked amount has decreased to 680.9M TON, accounting for 26.81% of the circulating supply (2.539B TON). Additionally, the current staking APY is 5.4%, and the network has 381 validator nodes.
Analysis:
TON utilizes a Proof of Stake (PoS) consensus algorithm, where validators are responsible for proposing and validating new transaction blocks. In TON’s PoS model, validators are selected through a competitive election process to ensure the highest levels of security and performance. The PoS mechanism promotes long-term holding of TON coins, enhances network decentralization, provides stable infrastructure for developers, and drives ecosystem growth. TON offers various staking mechanisms to meet different needs and preferences, including single nomination pools, nomination pools, and liquid staking.
Impact of Staking Economics: In TON’s economic model, the demand for staked tokens may lead to a reduction in circulating tokens in the market, thus affecting TON coin’s liquidity and market price. Careful design of staking and reward mechanisms is needed to balance long-term holding with market liquidity. Additionally, a small number of entities holding large amounts of tokens might control more validation rights, which TON needs to address through further decentralization measures.
SOLANA’S DAILY ACTIVE USERS EXCEED 4 MILLION, FIRMLY LEADING AMONG PUBLIC CHAINS
On January 6th, Solana’s daily active users reached 4.14 million. Other public chains with daily active addresses exceeding one million include Tron and Base, reaching 2.17 million and 1.25 million respectively. Public chains such as BSC, Bitcoin, Polygon, and Ethereum all have daily active users in the hundreds of thousands.
Analysis:
Solana has become a benchmark Layer 2 public chain project. Layer 2 is a solution built on top of the blockchain mainnet (Layer 1) to improve transaction speed, reduce transaction costs, and increase scalability. The prosperity of Solana’s ecosystem users further highlights the strong demand for high-performance infrastructure from DApps.
Solana’s main advantages in Layer 2 include improved transaction speed and throughput. By reducing direct transaction demands on the mainnet, Solana has significantly lowered transaction fees. Layer 2 solutions like Solaxy support multi-chain integration functionality, enabling seamless cross-chain flow between Solana and Ethereum, allowing users to enjoy the dual advantages of low fees and high liquidity, which particularly attracts DeFi investors and Meme coin traders.
RWA TVL MONTHLY INCREASE OF 27.23%, RWA ENTERS TOP 10 TVL RANKINGS
RWA TVL increased by 27.23% monthly, reaching $8.357 billion, ranking 9th in the DeFi sector. TVL (Total Value Locked) in the DeFi space refers to the total value of cryptocurrency assets locked in smart contracts by users.
Analysis:
RWA (Real World Assets) refers to financial assets that are linked to physical assets. These specifically include real estate, commodities, artwork, bonds, stocks, loans, and more. RWA is tokenized through blockchain technology, allowing it to be represented and traded as digital tokens within blockchain or Web3 ecosystems.
In recent years, the concept and practice of RWA have gradually gained attention, with many traditional financial institutions and DeFi protocols competing to establish themselves in the RWA sector. Several notable projects have emerged, including Usual, Ondo Finance, Tether Gold, and Maker RWA. In the future, with the development of blockchain and cryptocurrency technology, RWA is expected to play an increasingly important role in the DeFi space and become a significant direction for financial innovation.
▶ Buy Crypto at Bitget
CoinRank x Bitget – Sign up & Trade to get $20!