On June 17th, cryptocurrency analyst Lark Davis said in an X post that TON blockchain TVL broke through $600 million, setting a new record high. Since December last year, its TVL has soared from $11 million to $603 million (the latest data from DefiLlama shows that its TVL is currently $607.34 million), an increase of 54 times in 6 months. According to CoinGecko data, TON's market value is nearly $19 billion and is currently ranked tenth.