Shocking developments have hit the TON ecosystem over the past week, sending ripples through the crypto community. User engagement is plummeting, and selling pressure is on the rise, painting a concerning picture for the network. The number of new users has nosedived by a staggering 95% since TON's peak in July.

On-chain data from DefiLlama reveals a grim reality for TON. The network witnessed a peak Total Value Locked (TVL) of $773 million in mid-July, but that figure has dwindled to a mere $215 million today, marking a decline of over 72%. Additionally, the number of new daily users has sharply declined from 724,465 to 33,852, sparking worries about TON's appeal and sustainability.

Investors are feeling the pinch, with reports of financial losses flooding social media channels. Many are expressing dissatisfaction over the plummeting values of Notcoin and Toncoin. In fact, over 96% of TON token holders are facing investment losses, highlighting the prevailing negative sentiment among the community.

Looking ahead, TON is charting a new course to revitalize its ecosystem. The network recently unveiled a development roadmap for the first half of 2025, outlining crucial updates and revenue-generating strategies. Amidst the uncertainty, debates over Telegram's re-partnership with TON are intensifying, with concerns about market stability and decentralization lingering in the air.

As TON navigates these turbulent waters, the success of its roadmap and the network's future trajectory remain uncertain. Stay tuned as TON braces for potential challenges ahead.