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
Crypto Market Outlook: Bitcoin, Ethereum, and XRP Tumble as BoJ Hawkishness Sparks Risk-Off RoutBitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
Author  Mitrade
Dec 01, Mon
Bitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
placeholder
Fed’s $13.5B Liquidity Injection: Will it Fuel Bitcoin to $50K or Signal a Crash?The Federal Reserve injected $13.5 billion into the banking system, signaling a significant liquidity boost for Bitcoin and risk assets, rivaling levels from the COVID-19 era.
Author  Mitrade
Dec 03, Wed
The Federal Reserve injected $13.5 billion into the banking system, signaling a significant liquidity boost for Bitcoin and risk assets, rivaling levels from the COVID-19 era.
placeholder
Gold Price Forecast: XAU/USD flat lines near $4,200 ahead of US PCE inflation releaseGold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
Author  FXStreet
Dec 05, Fri
Gold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
placeholder
Bitcoin Pauses for Breath Above $92,000 as Bulls Weigh Next Run at $95,000Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
Author  Mitrade
Dec 05, Fri
Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
placeholder
Bitcoin Dips Below $88K as FOMC Meeting Spurs NervesBitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
Author  Mitrade
3 hours ago
Bitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
goTop
quote