$ONON - People got excited when Tim Cook (a billionaire) bought 3 million of $NKE. What about when 3 insiders (both co-ceos) dump 6 million into a stock with rising YOY revenue, still growing, with guidance for next quarter to set a revenue record, with rising EPS.
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12 hours ago, Telegram joked about buying Zuck "in the metaverse."
The trenches ran it on two chains. 12 hours later:
Solana (ZUCC): more traders, more volume, 43k transactions. Already down 65% in the last hour.
TON (80): fewer traders, less volume. But 10x the market cap, still green and still going.
Solana had the bigger casino. TON had the better trade.
This is the difference people miss. Solana memecoins are pure PVP. Fast in, fast out, and the meme is dead before most people even notice it. On TON, narratives move slower and more predictably, and holders actually hold.
Same meme.
One chain flipped it to death. The other is still riding it
Dear TON Community,
Today has been my last day at TON Foundation as The Global Community Lead.
It’s been an incredible journey through the last several years, and I am very grateful for all of your support throughout this time, and to TON Foundation for an opportunity!
Throughout my career I had a chance to work with many incredible ppl, and lead a small team for sometime. Incredibly grateful to @ZenithTON@jacobweb3club@MrWenOrNot & @amigo_tattoo, whom I’ve onboarded to work alongside with me at Foundation, who helped to shape the ecosystem further!
incredibly grateful for trust & leadership of Max Crown, @ManuelStotz, @steveyun_ton through this time! It wouldn’t be the same without your guidance. As well as to all the Community Members with whom I used to talk on the daily basis!
Special thank you goes to @0xDamx, @0xJeribond, @Dev_Mustee, @tommyunchain, @plugontele, @KallenT, @Giooton, @MarioNawfal & many others who always were here for me!
Very grateful for @jbfxdotme, who originally hired me to work at TON Foundation — you made this journey possible, and I am forever grateful!
To be clear, it isn’t me quitting, or being fired, the changes are happening due to the Pavel & Telegram taking over the role of Foundation.
But I will leave the public comments on this in the hands of @mcrown.
Now the good question is — what’s next?!
Personally, I would love to stay within TON Ecosystem, and continue covering news, and amplifying projects within. And to pursue this path — I have already sent the message to @Rogozov on Telegram.
Don’t know for sure what will come out of this, but regardless of a response, I will reach out to a few more ppl & major brands on TON & Telegram to see if we can find potential synergies.
I’ve just turned 28 y.o., So Currently I am not in a rush, panic, upset, or in a bad situation in life, so I got some time to think over my next 5 moves & take the best decision for me for the years to come!
If anything, I will keep ya all posted!
And as I’ve stated before — I think of it as a very positive change for TON Ecosystem, and we surely will see $TON shine 💎✨
Telegram’s integration with TON & the pivot to AI will solidify TON Ecosystem as the dominant player in years to come.
I trust in @Durov, I trust in @Telegram
I trust in @TON_Blockchain!
Happy to pass the Torch into the hands of Telegram Founder & CEO - Pavel Durov, and see the history being written in real time!
MTONGA 🗽💎
Sincerely yours,
- The Orange Pfp Guy 🧡
April fee data from the 1kx Onchain Revenue Report (1,000+ protocols tracked). Aggregate fees are down (-11% MoM, -20% YoY) as market volatility decreased both vs. March (Iran-uncertainty calming) and vs. last year’s Trump tariff-related moves, causing DEX and MEV-related fees to drive most of the declines.
It's a mixed picture on the category and protocol level, though.
• DeFi/Finance -11% MoM is a mixed bag:
--> Perps lost, e.g. @HyperliquidX -15%, though other markets gained, e.g. @Polymarket >3x in fees (largest gainer overall)
--> Lending markets gained in fees, led by @aave (due to utilization increase - see here: https://t.co/D5dzBCmy6w)
• L1 fee dispersion is widening. @ethereum 2x, @Zcash and @trondao up, while MEV-driven builders like @titanbuilderxyz give back March’s gains. Mostly a vol-compression unwind from March’s Iran-uncertainty spike.
• Middleware 7% growth driven by @chainlink and @CatFeeio
• DePIN 18% Fee decline almost entirely caused by @AethirCloud
• Wallet sector down 17% in fees, mainly due to interfaces like @AxiomExchange (-24%), @tradexyz (-18%). Even @phantom’s fee decline is mostly from their perps-trading interface
• Consumer overall flat-ish -4%, though bifurcation in Launchpads: @fourdotmemezh, @bonkfun, @farcaster_xyz with 50-80% declines in fees vs. @Pumpfun, @BagsApp positive. @printr as a new entrant
So what for 1kx: the decline in trading activity is in line with the compression in market volatility. Continuous growth in emerging DeFi categories like RWA is consistent with our Onchain Finance overweight. Prediction markets entering a fee-generating phase (Polymarket >3x) is consistent with our Frontier Applications thesis. Launchpad bifurcation tells us the consumer category is sorting itself.