{"id":21069,"date":"2025-02-11T19:29:35","date_gmt":"2025-02-11T17:29:35","guid":{"rendered":"https:\/\/forklog.com\/en\/ton-integrates-with-layerzero-for-cross-chain-transactions\/"},"modified":"2025-02-11T19:29:35","modified_gmt":"2025-02-11T17:29:35","slug":"ton-integrates-with-layerzero-for-cross-chain-transactions","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ton-integrates-with-layerzero-for-cross-chain-transactions\/","title":{"rendered":"TON Integrates with LayerZero for Cross-Chain Transactions"},"content":{"rendered":"<p>The Open Network platform, known as TON, has integrated with the interoperability protocol LayerZero to enable cross-chain transactions between Ethereum, Tron, Solana, and potentially 100 other blockchains in the future, as reported by <a href=\"https:\/\/www.theblock.co\/post\/338716\/ton-layerzero\">The Block<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The partnership aims to address the issue of &#8220;limited liquidity&#8221; by providing seamless access to other major crypto projects.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cTON is now able to ensure sustainable liquidity and enhance the accessibility of its ecosystem, creating conditions for mass adoption,\u201d the press release states.<\/cite><\/p><\/blockquote>\n<p>Key partners utilizing LayerZero&#8217;s infrastructure on the TON blockchain include Tether, Ethena, and the cross-chain bridge Stargate.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cThe integration represents a significant step forward for TON in uniting ecosystems and enhancing interoperability in the broader cryptocurrency space,\u201d said Max Persoffsky, COO of TON Foundation.<\/cite><\/p><\/blockquote>\n<p>According to him, developers now have \u201call the necessary tools to create decentralized applications aimed at a truly global audience.\u201d<\/p>\n<p>As reported by <a href=\"https:\/\/www.coindesk.com\/business\/2025\/02\/11\/ton-blockchain-to-use-layerzero-to-improve-cross-chain-functionality\">CoinDesk<\/a>, in the initial stages, TON will connect 12 popular blockchains. Market participants will be able to transfer stablecoins between ecosystems via Stargate.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"284\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Stargate-1-1024x284.png\" alt=\"Stargate-1\" class=\"wp-image-251564\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Stargate-1-1024x284.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Stargate-1-300x83.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Stargate-1-768x213.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Stargate-1-1536x427.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Stargate-1.png 1555w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The volume of cross-chain transfers processed by Stargate last month amounted to $1.6 billion. Data: <a href=\"https:\/\/defillama.com\/bridges\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, Toncoin is trading around $3.79 (ranked 18th on <a href=\"https:\/\/www.coingecko.com\/\" title=\"CoinGecko\">CoinGecko<\/a> with a market cap of $9.45 billion).<\/p>\n<p>Back in January, Telegram and TON Foundation <a href=\"https:\/\/forklog.com\/en\/news\/telegram-restricts-crypto-app-development-to-ton-network\">required<\/a> embedded Web3 applications to exclusively use The Open Network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Open Network platform, known as TON, has integrated with the interoperability protocol LayerZero to enable cross-chain transactions between Ethereum, Tron, Solana, and potentially 100 other blockchains in the future, as reported by The Block.<\/p>\n","protected":false},"author":1,"featured_media":21068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1210,1349,1422],"class_list":["post-21069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cross-chain-protocols","tag-layerzero","tag-toncoin"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21069"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21068"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}