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TON Flipped Solana to Become Second-Largest NFT Network, Report Says

Trading volume in the network reached $35.2 million, surpassing Solana and Base thanks to the integration of Gifts and Usernames within the Telegram messenger.

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The TON blockchain has become the world's second-largest NFT ecosystem. The corresponding report for April 2026 was published by the network's community lead, Viktor.

In the overall standings, the ecosystem trailed only Ethereum.

Volume Structure

The total volume of NFT transactions in the network amounted to $35.18 million. This includes both on-chain operations and internal transfers within the messenger's infrastructure.

Trading volume by blockchain. Source: X/Viktor
Trading volume by blockchain. Source: X/Viktor

If we isolate only on-chain data, TON still holds the silver medal with a result of $14.79 million. Ethereum continues to lead by a significant margin with $54.15 million.

The bulk of transactions is driven by Telegram's built-in services. Specifically:

  • Telegram Gifts: Accounted for 61% of the total volume, totaling $21.37 million.
  • Anonymous Numbers: Brought in $7.73 million (22%).
  • Usernames: Generated $5.62 million (16%).
  • Others: NFT stickers and DNS domains currently account for less than 1% of the market.

Transactions data. Source: X/Viktor
Transactions data. Source: X/Viktor

These figures do not include over-the-counter (OTC) deals. Analysts believe the actual market volume could be even higher due to these private contracts.

Record Activity

In terms of contract interactions, TON recorded 238,100 operations in a single month, averaging 7,900 transactions per day. In comparison, the report notes that Solana recorded 15,400 and Base 20,400 over the entire period.

The messenger is successfully turning NFTs into a mass-market product. Approximately 364,000 people interact with Gifts off-chain every day. The total number of unique monthly users in April reached 1.6 million.

The capitalization of the Telegram Gifts sector has approached $192 million, with a Fully Diluted Valuation (FDV) of $215.24 million.

Telegram Gifts holders. Source: X/Viktor
Telegram Gifts holders. Source: X/Viktor

There are over 3 million unique holder accounts. The leader among collections is Plush Pepe, with a market valuation of $30.61 million. Since its launch, the asset has shown a staggering return of 36,022%.

Top Telegram Gift collections. Source: X/Viktor
Top Telegram Gift collections. Source: X/Viktor

Top Sales

April was marked by several high-profile deals. The most expensive username was @Boss, sold for $500,000. Among anonymous numbers, +888 8 377 led the pack, selling for 215,340 TON (approximately $258,400).

Telegram Anonymous Numbers sales. Source: X/Viktor
Telegram Anonymous Numbers sales. Source: X/Viktor

Despite lower volumes, the sticker market remains active: the Pudgy Penguins collection maintains a capitalization of $1.64 million.

Regarding trading platforms, TON-native services control 35.2% of the turnover. The MRKT marketplace leads with a volume of $11.5 million, followed by Fragment ($9.14 million) and Portals ($6.35 million).

Global players such as OpenSea and Blur are also present in the statistics through cross-chain activity, collectively holding about half of the market share.

This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.

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