[Analysis] "The Open Network, Increase in User Influx...Possibility of Sparking a New Rally"

The influx of users into The Open Network (TON) is increasing. Along with this, there is an analysis that TON's price could spark a new rally.

On the 10th, 'joaowedson', a contributor to the on-chain data analysis platform CryptoQuant, stated, "The influx rate of new users to TON has risen. It's a good sign that the TON network is becoming popular and more accessible."

He emphasized, "Anyone interested in TON should pay attention to every move of TON now. The network is gaining more momentum. More benefits can be enjoyed."

Another CryptoQuant contributor, 'burakkesmeci', also viewed the future of TON optimistically. From an investment perspective, the profitability indicators of TON could spark a new rally.

He explained, "Looking at the profits and losses of short-term holders of TON, even a small price increase can turn into profit," adding, "Once investors start making profits, the market sentiment can change significantly. More people may start buying TON, and a virtuous cycle of rising prices can be expected."

He continued, "If TON achieves about a 10% increase from now, it will attract the attention of investors waiting for a bull market," adding, "Since the current price of TON has entered a stable range, a breakout could occur soon."

Meanwhile, TON is trading at $5.19, down 2.4% from the previous day in the Binance Tether (USDT) market.