TON blockchain taps Axelar for interoperability push
Quick Take The TON Foundation will leverage Axelar’s Mobius development stack as its preferred interoperability solution to improve connectivity with other blockchains. Axelar’s MDS will support the development of cross-chain decentralized applications within the TON ecosystem.
The TON +1.04% Foundation has selected Axelar AXL -1.01% ’s Mobius development stack as its preferred interoperability solution — aiming to boost The Open Network's connectivity with other chains.
TON developers plan to deploy MDS to enable asset transfers between TON and other blockchains and to support the development of cross-chain decentralized apps.
The integration also aims to prevent fragmented liquidity, ensure that assets are not isolated on different chains, and reduce user confusion by providing a unified cross-chain experience. Solutions like Axelar's Interchain Token Service will support this unified experience.
“Axelar MDS is an ideal choice for a TON interoperability layer,” said Anthony Tsivarev, director of ecosystem development at the TON Foundation. “It’s an open, developer-friendly stack that enables secure, one-click integration for building apps across networks.”
Axelar is an interoperability platform that connects multiple blockchains, including Ethereum, Cosmos, and Polkadot. Its MDS stack provides the tools and infrastructure to facilitate secure interoperability across chains.
TON developers want to leverage Telegram’s nearly 900 million active users and mini-apps to allow users to interact with various services without leaving the application. In recent months, Telegram-based games like Hamster Kombat and Notcoin have attracted millions of users with the promise to earn crypto tokens issued on TON.
However, the TON ecosystem has lacked user-friendly interoperability protocols so far, which hindered seamless asset transfers across different networks. The core developers want to address this issue with Axelar.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Legal Regimes and Silver Valuation: How Corporate Transparency Shapes Investor Sentiment and Risk-Adjusted Returns
- Legal frameworks in common law vs. civil law jurisdictions shape silver valuation through divergent corporate transparency standards. - Civil law markets (e.g., EU) enforce standardized ESG disclosures, reducing volatility and boosting investor trust compared to fragmented common law regimes. - Firms in transparent civil law jurisdictions (e.g., Canada) achieve better risk-adjusted returns due to consistent governance and lower capital costs. - Investors are advised to prioritize civil law markets with e
Solana News Today: Institutions and Indicators Line Up for Solana's Next Altseason Breakout
- Solana's golden cross pattern with Bitcoin historically precedes 1,000% gains, now re-emerging in 2025 amid rising altseason conditions. - Institutional demand surges with $1.72B in corporate holdings, including 8.277M SOL staked by entities like Sharps Technology and Upexi Inc. - Upcoming $3B in institutional Solana inflows from Galaxy, Jump Crypto, and Pantera could drive price toward $300 as technical indicators confirm bullish momentum.
Can Filecoin Breakout From Its Descending Channel and Sustain a Bullish Trend?
- Filecoin (FIL) trades near $2.34 in August 2025, above key support but far below its 2021 high of $237.24, amid a descending channel pattern since July. - Technical indicators show bearish momentum (RSI at 39.4, MACD negative), but recent 6.4% rebound and accumulation near $2.27 suggest potential reversal attempts. - Institutional interest grows with 4% price surge and $3.68M in ecosystem grants, though fundamentals remain fragile despite cross-chain adoption and F3 upgrades. - Long-term forecasts range
Ethereum's Upward Momentum and the Altcoin Season of 2025: Uncovering the Next 1000x Opportunities
- Ethereum's 2025 surge to $4,285 and $400B market cap reflects institutional adoption via $27.6B ETFs and 36.1M ETH staked by corporate treasuries. - Pectra/Dencun upgrades reduced gas fees by 90%, boosting DeFi TVL to $45B while Ethereum's 57.3% altcoin dominance signals capital reallocation from Bitcoin. - Altcoin season patterns mirror 2017/2021 as Bitcoin's dominance drops to 55.5%, with ETH/BTC ratio at 0.037 confirming market rotation to Ethereum and smaller altcoins. - MAGACOIN FINANCE (MAGA) and M
Trending news
MoreCrypto prices
More
