When the Hamster Kombat (HMSTR) token came out on September 27, 2024, the daily transactions on TON Blockchain increased to 15.5 million.
The Hamster Kombat token, released on Friday, September 27, triggered a significant increase in daily transactions on the TON blockchain network. The daily transactions on the TON mainnet increased to 15.49 million in a single day due to the HMSTR token release and airdrop, as indicated by the data from IntoTheBlock.
The HMSTR token surpassed the daily trading volume of Binance Coin, Dogecoin, and Ripple’s XRP within the first 24 hours of its launch, with over $1.2 billion.
The TON Core developers had warned earlier this month that the airdrops for games such as Catizen and Hamster Kombat could result in network interruptions. Nevertheless, both launches were quickly managed by the TON mainnet. Furthermore, the TON Core development team referred to the Hamster Kombat HMSTR airdrop as the “largest-ever airdrop in the history of crypto.” Additionally, the team observed:
“This massive surge in traffic has caused some third-party services to experience overloads, but TON network has generally remained stable, with blocks continually produced without interruption and network fees remaining fixed. TON is probably the only blockchain that can withstand events of this magnitude.”
Hamster Kombat is a gaming phenomenon that offers a click-to-earn experience and is accessible through Telegram on the TON blockchain. Players can generate HMSTR coins by tapping the digital hamsters used to upgrade, participate in mini-games, and level up operations. The game incorporates social features, daily missions, and integrated mining mechanics to enhance excitement.
TON Blockchain Emerges as the Most Popular Layer 1
The Open Network (TON) has become the dominant Layer-1 blockchain solution, capturing over 50% of all Layer-1 transactions in the past month, according to the most recent report from blockchain analytics platform CryptoQuant.
The TON Network has experienced a significant increase in popularity, coinciding with a series of token launches that will significantly increase transaction activity. The following key token launches fuel TON’s dominance:
DOGS (28 million MAU) on August 28, 2024;
Rocky Rabbit (18 million MAU) and CatizenAI (18 million MAU) on September 20, 2024;
Watbird (12 million MAU) on September 23, 2024;
On September 26, 2024, Hamster Kombat (110 million MAU) was released.
These launches propelled The Open Network to the forefront, establishing it as the most popular Layer 1 solution in the market at present.
The TON-powered cryptocurrency Hamster Kombat (HMSTR) experienced a 14% decline against the US dollar in the past 24 hours, as indicated by market data on Sunday, September 29, 2024, just three days after its market launch. HMSTR was initially priced at $0.009993 per token upon its debut on significant exchanges; however, it has since lost over 42% of its value.