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The much-awaited Telegram implementation to enable the TON chain as the exclusive blockchain will happen on February 21.
TON's integration with LayerZero plays a key role in connecting the TON network to the ecosystem of the Tether USDt stablecoin.
TON's integration with LayerZero plays a key role in connecting the TON network to the ecosystem of Tether's USDt stablecoin.
Blockchain developers using the TON stack can now deploy tokens from over 100 networks through LayerZero's infrastructure.
The integration with LayerZero aims to help TON solve limitations in liquidity and provide access to other blockchain's major crypto assets.
Developers will be able to deploy tokens on TON from any of LayerZero's chains using a single contract.
Telegram-linked Toncoin has experienced a significant price decline over the past month. It currently trades at $3.89, having shed 28% of its value in the past 30 days.
Toncoin price moved sideways after the TON Blockchain suffered a major setback last week when Tapswap selected another blockchain for its airdrop. Toncoin (TON) token was trading at $3.8515 on Tuesday, 55% below its all-time high.
Sui (SUI) and Toncoin (TON) are testing key support levels with strong technical and fundamental backing.
After a massive run with memecoins over the past few weeks, the crypto community is returning back to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and other Layer-1 protocols. According to data insight from Santiment, Layer-1 networks have collectively seeing 44.2% of social discussions on specific coins.
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TapSwap, a tap-to-earn game originally set to launch its TAPS token on The Open Network (TON), has announced it will launch on the BNB Chain instead.
UPDATED: Here's the latest on the next wave of token launches and airdrops tied to Off the Grid, Zoo, the B3 network, and more.
The TON ecosystem has suffered in the past week, with significant drops in user engagement and increasing selling pressure. The number of new users has dropped by a staggering 95% since the network's July all-time high.
The TON chain is well positioned to grow to a major DeFi chain following the recent announcement that Toncoin is the exclusive chain for the Telegram social app.
This decision, in partnership with The Open Network (TON) Foundation, limits Mini Apps to the TON blockchain. It has raised concerns about decentralization and exclusivity.
Santiment warns that Shiba Inu's high whale dominance could trigger price drops if major holders decide to sell suddenly.
DefiLlama on-chain data has revealed a dwindle in multiple metrics on The Open Network TON blockchain, raising speculations that the blockchain and some of its decisions are risking its hold in the crypto and blockchain industry.
Tim Delhaes, co-founder and CEO of multi-chain wallet Grindery, argued that Telegram's exclusivity deal with TON Foundation risks alienating developers, which would make TON irrelevant. The newly announced exclusivity deal between the messaging app and TON Foundation mandates that all Telegram Mini Apps with crypto integrations through the TON network.
Telegram requires all third-party crypto wallets to adopt TON Connect and migrate to The Open Network (TON) blockchain by February 21 or face suspension.
Big changes are coming to cryptocurrency wallets on Telegram! With a new exclusive partnership with The Open Network (TON) Foundation, Telegram is taking crypto to the next level. From now on, all third-party crypto wallets on Telegram will need to use TON Connect as their exclusive wallet connection protocol.
TON Connect: what it is and how it works
Farm Frens has postponed its FREN token airdrop, originally scheduled for January, to February.
Telegram now requires third-party crypto wallets to use TON Connect, restricting Mini Apps to the TON blockchain and prompting concerns about decentralization and exclusivity.
