Troubles in the TON Ecosystem
Reports indicate that the TON (TON) ecosystem is facing difficulties processing transactions, causing concern among its users and projects. The exact cause of the issue is unknown, but some speculate that the surge in network volume and transactions could be to blame for the outages.
While Crypto.news has not been able to verify these reports, the TonRaffles crypto project confirmed the incident on X without providing further details.
No official statements have been made by TON at this time. In response to the news, the TON token saw a decline of nearly 5% to $2.26. TON Wallet announced on Telegram that withdrawals in TON are temporarily unavailable due to the abnormal load on the network. However, withdrawals of USDT and BTC continue to work without any limitations.
Hot Take: TON Network Struggles with Transaction Processing
The TON (TON) ecosystem is currently experiencing difficulties in processing transactions, leading to concerns among users and projects. While the exact cause of the issue is unclear, it is speculated that the surge in network volume and transactions may be responsible for the outages. The TonRaffles crypto project has confirmed the incident, but further details have not been provided. TON has not issued any public statements regarding the matter. The TON token has suffered a decline of almost 5% as a result. Withdrawals in TON are temporarily unavailable due to an abnormal load on the network, although withdrawals of USDT and BTC are unaffected.
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