Toncoin (TON), the cryptocurrency linked to the popular messaging app Telegram, has experienced a notable decline in value, dropping 28% over the past month. Currently priced at $3.89, this marks a historic low for the asset based on key risk metrics.

Toncoin is approaching a key zone and it is the right time to learn about this layer-1 blockchain in detail for investors who are interested in this token.

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.

The price of Toncoin (TON) fell to $3.38 on February 3. The altcoin is currently in the oversold sector of the market after falling.

Toncoin (TON), has made significant strides as a Layer-1, Ethereum-based altcoin. The token's market presence has been bolstered by notable investments, including backing from Pantera Capital, a prominent hedge fund and venture capital firm.

Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April 2024.

With this move, TVM Ventures aims to invigorate TON, expanding the ecosystem to achieve the goal of building a financial system capable of supporting 500 million onchain users by 2028.

“[TON] can either pursue the path of reliance on L2s and side-chains or dedicate itself to its own chain," a foundation board member said.

Former TON Foundation President Steve Yun launched the fund to focus on investing in TON-based DeFi and PayFi startups.

Cronos Labs is expanding its blockchain interoperability capabilities through its newly announced integration with LayerZero, a growing cross-blockchain interoperability protocol.

Steady hike in the staking TVL in recent months showed that participants have not been withdrawing their assets to use them more actively for trading purposes.

Learn how anyone can earn 5% USDT instantly with BlockDAG's updated affiliate program! Meanwhile, the Toncoin price declines & Shiba Inu partnership stirs speculation.

Cross-chain protocol LayerZero has reached a settlement agreement with the bankrupt FTX estate. LayerZero Labs CEO Bryan Pellegrino confirmed the settlement on X, noting that the agreement cost millions in legal fees.

LayerZero's integration with Cronos (CRO) EVM and zkEVM enables cross-chain bridges with over 115 blockchain networks, enhancing interoperability and liquidity for Cronos users.

LayerZero Labs has reached a settlement with the FTX bankruptcy estate, ending a two-year legal battle over transactions involving Alameda Research. The dispute stemmed from a deal where Alameda, under former CEO Caroline Ellison, agreed to sell a 5% equity stake in LayerZero back to the company.

The Toncoin (TON) market has been facing increased volatility in recent months, especially following the arrest of Pavel Durov in August 2024. The event led to a mass sell-off, with investors parting ways with over 890,000 TON tokens.

Discover why FX Guys' staking and $2.6M presale success make it a top DeFi choice, drawing investors away from Toncoin and Optimism.

Cronos, the decentralized blockchain developed by Crypto.com, has integrated interoperability protocol LayerZero, enabling cross-chain communication with over 115 blockchain networks. On Jan.

Whales bought several promising altcoins in January, positioning themselves for potential gains in February 2025. ONDO saw aggressive accumulation as interest in Real-World Assets (RWA) surged, while VIRTUAL attracted buyers despite a sharp correction in the AI sector.

Cronos Labs and LayerZero (ZRO), two blockchain platforms, have announced that the LayerZero cross-chain messaging protocol is now live on Cronos Ethereum (ETH) Virtual Machine (EVM) and Cronos zero-knowledge EVM (zkEVM), as reported to Finbold on January 31.

LayerZero Labs, an innovative player in the omnichain interoperability space, has reached an agreement with the bankruptcy estate of the now-defunct crypto exchange FTX. This resolution marks the end of a two-year legal battle that had been both costly and attention-diverting.

Cronos Labs, the company that manages the Cronos EVM and Cronos zkEVM networks, has just announced a strategic partnership with LayerZero.

After over two years of legal battles and millions in legal fees, LayerZero Labs has reached a settlement agreement with the FTX estate.

January 31, 2025 — LayerZero CEO Bryan Pellegrino took to X on Friday to confirm the settlement agreement with FTX estate. He added that the firm has returned the original repurchase amount to the bankruptcy estate after a two-year legal battle and legal fees worth millions.