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
Bitcoin briefly dips under $90,000 as profit-taking drags ETH, XRP and BNB lowerBitcoin briefly slipped below $90,000 after hitting $94,000 earlier in the week, with ETH falling to $3,120 as traders cited profit-taking, $150 million in long liquidations, and macro uncertainty including U.S. jobs data and tariff-related Supreme Court risks.
Author  Mitrade
12 hours ago
Bitcoin briefly slipped below $90,000 after hitting $94,000 earlier in the week, with ETH falling to $3,120 as traders cited profit-taking, $150 million in long liquidations, and macro uncertainty including U.S. jobs data and tariff-related Supreme Court risks.
placeholder
Silver Price Forecasts: XAG/USD extends its reversal below $76.00Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
Author  FXStreet
13 hours ago
Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
placeholder
Gold selling pressure persists as traders lock in profits ahead of US NFP reportGold (XAU/USD) remains under some selling pressure for the second straight day and slides back closer to the overnight swing low during the Asian session on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited amid a supportive fundamental backdrop.
Author  FXStreet
14 hours ago
Gold (XAU/USD) remains under some selling pressure for the second straight day and slides back closer to the overnight swing low during the Asian session on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited amid a supportive fundamental backdrop.
placeholder
Bitcoin Price Slides Despite ‘Very Bullish’ MSCI Update: What Happened?MSCI's new rules limit passive investment demand for newly issued shares, impacting Bitcoin-linked companies' fundraising strategies.
Author  Mitrade
15 hours ago
MSCI's new rules limit passive investment demand for newly issued shares, impacting Bitcoin-linked companies' fundraising strategies.
placeholder
Gold Price Forecast: XAU/USD declines to near $4,450 as safe-haven demand eases Gold price (XAU/USD) declines to near $4,450 during the early Asian trading hours on Thursday. The precious metal loses momentum as traders book profits after a recent rally. Later on Thursday, the weekly US Initial Jobless Claims data will be released.
Author  FXStreet
21 hours ago
Gold price (XAU/USD) declines to near $4,450 during the early Asian trading hours on Thursday. The precious metal loses momentum as traders book profits after a recent rally. Later on Thursday, the weekly US Initial Jobless Claims data will be released.
goTop
quote