As the TON network continues to develop, holders are demanding wallets with complex functionalities that support the chain’s assets.
Toncoin (TON), the eponymous cryptocurrency associated with The Open Network, also known as TON, exploded in popularity this year.
Toncoin has become one of the 10 largest cryptocurrencies, with a market capitalization of $13.4 billion.
There are currently 2.5 billion coins in circulation worldwide, and the cryptocurrency’s total supply is 5.1 billion. Over the last nine months, the value of Toncoin has increased by around 150%.
There are a number of wallets that support TON, each with its own peculiarities. Some are custodial and focused on convenience and ease of use, while others provide users complete control over the cryptocurrency.
There are simple wallets with a minimum set of functions, more complicated ones with options such as staking, and secure solutions for long-term storage.