On June 3, 2025, Telegram collectibles achieved a landmark $3.5 million in 24-hour trading volume, exceeding Ethereum NFTs ($3.4M) and all non-Ethereum chains combined ($1.33M). This volume was 10x higher than any blockchain ranked fourth (e.g., Base) or below, signalling a major shift in NFT market dynamics. The surge, highlighted by analyst Simon (@skilllevel7), reflects growing trader interest in Telegram’s TON ecosystem due to low fees and user-friendly features. TON’s token price rose 7.8% to $6.45 amid heightened network activity, challenging Ethereum’s NFT dominance and suggesting potential liquidity redistribution. 

source: Blockchain News

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