PANews reported on June 9th that, according to Messari's "TON Status in Q1 2026" report, Telegram product revenue settled via Fragments reached $88.5 million in the quarter, remaining stable despite a 26.4% drop in spot prices. Cross-chain NFT market share grew by 130.4% to 35.5%, driven by demand for Telegram-issued Numbers, Usernames, and Gifts. Total DeFi locked value fell 34.9% in USD terms, but TON prices only fell 11.6%. Average daily USDT transfer volume decreased by 32.5% to $77 million, while the number of transactions remained flat at 73,600 per day. Average daily active addresses decreased by 8.8% to 90,790.

At the end of the quarter, MTONA had completed four of its seven upgrades, achieving sub-second finality and reducing transaction fees by six times. Telegram became the largest validator of TON, staking 2.2 million TON. Although the number of active addresses decreased, the number of transactions per address increased from 19.2 to 21.0, indicating increased engagement among existing users.