Gate News Bot news, on July 11, according to CoinMarketCap data, as of the time of writing, TON (Toncoin) is currently priced at $2.93, rising by 3.45% within 24 hours, reaching a maximum of $3.05 and a minimum of $2.72, with a 24-hour volume of $243 million. The current market capitalization is approximately $7.244 billion, with a rise of $242 million compared to yesterday.
The Open Network (TON) is a fast, secure, and scalable blockchain and network project capable of handling millions of transactions per second, making it very user-friendly for both users and service providers. It is designed to host all reasonable applications currently proposed and envisioned. TON can be seen as a massive distributed supercomputer, or more accurately, a gigantic super server, aimed at hosting and providing various services.