TON could rally following partnership with Trust Wallet

Source Fxstreet
  • Trust Wallet announced its latest partnership with The Open Network.
  • With TON, Trust Wallet aims to make the Telegram ecosystem more accessible to crypto users.
  • TON is up 1% following the announcement.

TON is up 1% on Tuesday following its integration into the Trust Wallet platform. This would enable the wallet's users to gain access to a wide variety of applications across the TON ecosystem.

Trust Wallet partners with The Open Network

Trust Wallet announced its official partnership with The Open Network (TON) in a social media post today.

The collaboration with TON will enable Trust Wallet users to gain access to TON's applications across the Telegram ecosystem. This will also help Trust Wallet developers integrate TON's dApps and GameFi services on Telegram into the wallet. 

The partnership will also allow Trust Wallet's 10 million users to gain access to the TON cryptocurrency and its underlying blockchain network.

TON has grown massively since its integration on Telegram, surging more than 40% in H1 2024. The rise follows the increased adoption of play-to-earn tokens like Notcoin and Hamster Kombat.

TON network also recently launched its W5 system wallet, offering users gasless fees and allowing them to make transaction payments using USDT and NOT tokens. Additionally, TON revealed its plans to launch a Bitcoin bridge, allowing users to hold BTC on its network.

As a result, the alliance between Trust Wallet and the TON network may set Toncoin up for a potential rally due to a potential increased accessibility and faster onboarding process into its ecosystem.

TON is currently up 1% following the announcement.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
If SpaceX and Tesla Truly Merge, Should Investors Celebrate or Exit Early? According to a CNBC report on Tuesday, Elon Musk has discussed merging SpaceX with Tesla ( TSLA ). The world was stunned by this sudden bombshell. However, in the face of this unprecedent
Author  TradingKey
6 hours ago
According to a CNBC report on Tuesday, Elon Musk has discussed merging SpaceX with Tesla ( TSLA ). The world was stunned by this sudden bombshell. However, in the face of this unprecedent
placeholder
Gold declines to near $4,500 as renewed US‑Iran tensions, Fed tightening bets weighGold price (XAU/USD) loses ground to around $4,500 during the early Asian session on Wednesday. The precious metal extends the decline as fresh US military strikes on Iran dimmed hopes of a peace deal and reinforced concerns that persistent inflation could keep interest rates higher for longer. 
Author  FXStreet
15 hours ago
Gold price (XAU/USD) loses ground to around $4,500 during the early Asian session on Wednesday. The precious metal extends the decline as fresh US military strikes on Iran dimmed hopes of a peace deal and reinforced concerns that persistent inflation could keep interest rates higher for longer. 
placeholder
Gold Price Forecast: U.S.-Iran Negotiations Face Uncertainties, Gold May Fall Below $4,400During the Asian session on May 26, gold prices ( XAUUSD) weakened under pressure after briefly touching the $4,580 resistance level, maintaining a weak trend intraday and potentially ent
Author  TradingKey
Yesterday 08: 22
During the Asian session on May 26, gold prices ( XAUUSD) weakened under pressure after briefly touching the $4,580 resistance level, maintaining a weak trend intraday and potentially ent
placeholder
Gold edges higher above $4,550 on US-Iran peace optimism Gold price (XAU/USD) gains ground to near $4,575 during the early Asian session on Tuesday. The precious metal edges higher as hopes for US-Iran peace negotiations weakened the US Dollar (USD). 
Author  FXStreet
Yesterday 01: 21
Gold price (XAU/USD) gains ground to near $4,575 during the early Asian session on Tuesday. The precious metal edges higher as hopes for US-Iran peace negotiations weakened the US Dollar (USD). 
placeholder
Forex Today: Risk flows dominate markets on US-Iran deal hopesHere is what you need to know on Monday, May 25:
Author  FXStreet
May 25, Mon
Here is what you need to know on Monday, May 25:
goTop
quote