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Author: Admin | 2025-04-28
Does require a large amount of Toncoin. Toncoin holders can serve as nominators and delegate their coins to a validator to help them reach the required amount.Even though TON Blockchain now uses Proof-of-Stake, the initial distribution of TON was conducted through mining to ensure a fair launch.Toncoin is based on the work done by the team behind the private messaging app Telegram, which created a blockchain called The Open Network, but were forced to stop development due to regulatory issues. Even though Toncoin is now a community-led effort and no longer developed by Telegram, the Telegram messenger is still integrating it into the app.Why could Toncoin be the next cryptocurrency to explode?The team behind the Telegram messenger is collaborating with the TON Foundation to integrate Toncoin with the Telegram app. For example, those who have installed the Toncoin wallet can now access their wallet directly From the Telegram menu. The TON Foundation also has the ambitious goal of attracting 30% of Telegram's user base to Toncoin by the year 2028.If Telegram integrates Toncoin even further, we could see TON becoming one of the best-performing cryptocurrencies, as Telegram has a global userbase of 900 million monthly active users. However, it's important to keep in mind that Toncoin's upside could be limited by the fact that it already has a market capitalization of $13 billion as of January 2025, and it's also the 13th largest crypto asset on the market. 16. Celestia – Layer 1 blockchain with a modular approachCelestia is a layer 1 blockchain platform with a modular approach that launched in October 2023. Celestia enables developers to easily create new blockchains and its architecture supports parallel consensus across chains, verified through fraud and data availability proofs. It addresses the challenge of data verification in large blocks by using modular chains and data availability sampling.Celestia also facilitates rollups, a type of blockchain that offloads some work to Celestia, providing added security. These rollups, called sovereign rollups, combine the convenience of layer 2s with layer 1 sovereignty.In contrast to the competitive nature of traditional Layer 1 ecosystems, Celestia promotes collaboration through a modular blockchain approach.Why could Celestia be the next cryptocurrency to explode?Celestia was one of the most highly anticipated blockchain projects to launch in 2023. Despite its mainnet launch only coming towards the end of October of 2023, Celestia’s native token already commands a market capitalization north of $1.7 billion and is on the cusp of entering the crypto top 50. With data availability poised to become an increasingly important topic when it comes to scaling blockchains, Celestia could be positioned very well in the future. With the ability to provide extremely cheap and fast data availability, Celestia could become the
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