A landmark event has occurred in the cryptocurrency market: the Plush Pepe NFT collection on the TON blockchain has officially surpassed the world’s recognized leader, Bored Ape Yacht Club (BAYC), in terms of floor price. This shift in focus from Ethereum to TON indicates tectonic changes in the preferences of major investors.
A Historical Price Gap
While the global digital art market is experiencing stagnation, assets within the TON ecosystem are showing anomalous dynamics. Analytical data from GiftCharts and GetGems confirm the superiority of the new collection over the "blue chips" of the previous cycle.
Current Floor Price Indicators:
Plush Pepe (TON): The price reached 9,100 TON. At the current exchange rate, this is equivalent to approximately $12,558 per NFT.
Bored Ape Yacht Club (ETH): The entry barrier has dropped to 5.37 ETH, which, at the current price of Ethereum, is about $10,906.
Thus, the "frogs" on TON have become more expensive than the famous "apes," highlighting the growing value of assets within the Telegram ecosystem.
Explosive Growth of the TON Ecosystem
While the global NFT trading volume decreased by 47% over the month, the NFT sector based on TON showed a phenomenal growth of 1,496%.
Why is capital flowing into TON?
Investors are betting on mass adoption through Telegram. The market valuation of digital "gifts" in the messenger alone has already reached $143.8 million. High liquidity and the influx of a new audience make this network the most promising platform for digital ownership in 2026.
Impact on the Rao Cash (RAO) Project
The success of Plush Pepe creates a powerful positive precedent for the entire ecosystem, which will inevitably affect the Rao Cash (RAO) project.
Forecast and Prospects for RAO:
Asset Revaluation: The fact that projects on TON are starting to cost more than world brands on Ethereum increases trust in the entire network. This attracts large holders (whales) looking for undervalued tokens with strong mechanics, such as RAO.
Liquidity Growth: The explosive interest in the TON NFT sector leads to an overall increase in transactional activity. For Rao Cash, this means an expansion of the potential user base and an increase in trading volumes.
Conclusion: The triumph of Plush Pepe is a signal to the market that TON has become the home for elite digital assets. For Rao Cash, this creates an ideal "bullish" backdrop: the rising prestige of the network directly contributes to the capitalization of its key DeFi projects.