Telegram Product Revenue on TON Reaches $88.5M in Q1 2026, NFT Market Share Grows to 35.5%

TON2.44%

According to Messari, in Q1 2026, Telegram product revenue settled via Fragment declined 20.3% to $88.5 million, though recurring revenue from Premium subscriptions and advertising fell only 10.5%, outperforming non-recurring services like Stars.

TON's cross-chain NFT market share expanded 130.4% to 35.5% driven by on-chain username, number, and Gift product demand, while DeFi total value locked (TVL) decreased 34.9% in USD terms but only 11.6% when measured in TON.

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