TON Blockchain Achieves Sub-Second Finality with Catchain 2.0 Upgrade
- The Open Network (TON) has reduced block times to 400 milliseconds with its Catchain 2.0 upgrade.
- Payment transactions now settle in approximately one second, while trades occur in real-time.
- Annual inflation for TON is expected to rise from about 0.6% to approximately 3.6% due to increased validator rewards.
- As of the latest data, TON’s price increased by 2.3% to $1.28, with a market cap of $3.17 billion.
- Trading volume surged over 35%, reaching $130.1 million following the upgrade announcement.
The Catchain upgrade enhances the performance of decentralized applications on TON, aligning their speeds with traditional applications and potentially increasing user engagement within Telegram’s ecosystem of over one billion users.
With the new features, TON aims to strengthen its staking incentives and attract more participants to its network, reflecting a significant shift in transaction efficiency and validator rewards post-upgrade.
