Toncoin fees hit all-time high after Hamster Kombat airdrop

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Toncoin fees hit all-time high after Hamster Kombat airdrop
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The Hamster Kombat airdrop sparked an unprecedented spike in activity on the Toncoin network, resulting in record fees and massive transaction volume. On September 26, 2024, Toncoin’s daily fees exceeded $364,000, setting a historic milestone for the network.

This significant increase in fees coincides with the Hamster Kombat airdrop, which overloaded the blockchain with more than 1 million transactions in just one hour. This movement reinforced the growth of the network, increasing the number of users and value transfers.

During the event, Toncoin managed to maintain stable operations, despite the high pressure on transactions. Unlike what happened with the DOGS airdrop, which crashed the network in a previous event, Toncoin prepared its validators to deal with the overload, ensuring the continuity of operations without interruptions.

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While Hamster Kombat was the main catalyst for this surge, Toncoin also rode the wave of other important events, such as the Catizen (CATI) airdrop.

Fees at Toncoin

Furthermore, Tether (USDT), the most active jetton on the network, also recorded growth in transfers, reaching volumes close to its annual record. USDT moved $139.6 million in a single day, driven by the growing popularity of stablecoins in the Toncoin ecosystem.

The significant number of daily active users, which reached 1.6 million, reinforces the growing membership of the network. However, shortly after Hamster Kombat’s airdrop, the Telegram group related to the project lost around 600,000 subscribers. Many users expressed frustration with the amount of tokens received, considering the number of hours invested in farming tasks.

Despite this user exodus, Toncoin continues to attract new investors and traders thanks to its robust network and growing variety of tokens in its ecosystem.

Hamster Kombat, despite a 30% drop in value shortly after the airdrop, maintained user interest, ranking third among the most active pairs on decentralized exchanges such as DeDust. However, competition with other tokens such as DOGS and Notcoin (NOT) remains fierce.

In addition to memecoins and airdrops, the Toncoin ecosystem benefits from the activity of decentralized markets, such as Ston.fi and DeDust, which move millions in daily swaps.

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The USDT stablecoin, paired with various assets on Toncoin, contributes significantly to the liquidity of the network, which currently holds over $22 million in liquidity across its decentralized pairs.