COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: TON Blockchain Forms Strategic Partnerships with Injective and Pyth Network
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > TON Blockchain Forms Strategic Partnerships with Injective and Pyth Network
Cryptocurrency News

TON Blockchain Forms Strategic Partnerships with Injective and Pyth Network

In Brief

  • TON Blockchain partners with Injective and Pyth Network for DeFi improvements.

  • Integration allows access to new functions like trading and asset tokenization.

  • TON Blockchain’s TVL increased by 4226% as of 2024.

COINTURK NEWS
COINTURK NEWS 9 months ago
Share
SHARE

Telegram’s vision for an open finance ecosystem is supported by TON Blockchain, which recently formed strategic partnerships with Injective and Pyth Network. These collaborations aim to improve user experience in the DeFi sector and introduce new functionalities. The Injective protocol integrates with TON, allowing INJ to be used within the TON ecosystem.

Contents
What Did the Integration Bring?A New Era in the Blockchain EcosystemTON Blockchain’s TVL Increased by 4226%

What Did the Integration Bring?

With this integration, TON became usable in Injective‘s decentralized applications (dApps). This integration provides users access to previously unimaginable new functions, including trading, asset tokenization, and on-chain borrowing.

The collaboration with Pyth Network integrates the PYTH oracle service into TON Blockchain. Pyth stands out as an oracle network offering high-quality, real-time data streams for decentralized applications and smart contracts.

The integration of Pyth with TON Blockchain enables developers to access reliable and accurate price data for DeFi projects. This is especially supportive for games on TON and enhances the efficiency and reliability of decentralized applications on the platform.

A New Era in the Blockchain Ecosystem

Pyth Network, initially designed for the Solana Blockchain, now operates on over 70 Blockchains, including Ethereum, Optimism, Arbitrum, Base, and now TON. This integration will help TON Blockchain reach new Web3 users.

The combination of Injective and Pyth Networks with TON Blockchain will increase liquidity and strengthen security in DeFi activities. Users can access a broader range of financial products, obtain reliable market data, and experience more efficient trading thanks to this integration.

TON Blockchain’s TVL Increased by 4226%

TON Blockchain’s total value locked (TVL) increased by 4226% as of 2024. This growth indicates increased interest and investments in the platform. During this period, investment firms like Pantera Capital also invested in TON, contributing to the ecosystem’s expansion.

Additionally, in April, USDT issuer Tether partnered with TON. This alliance aims to serve unbanked populations by offering financial solutions and creating a cross-border financial system through decentralized technology.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Crypto Market Faces Turmoil as Massive Liquidations Hit Traders

US and China Slash Tariffs: Markets Rally as Recession Fears Subside

Bitcoin Price Fluctuates: What Triggers the Drop?

Witness the Resurgence: Cryptocurrency Market Accelerates into New Heights

XRP and MKR Coin Surge as Crypto Enthusiasm Builds

COINTURK NEWS 16 August, 2024 - 9:00 am 16 August, 2024 - 9:00 am
Share This Article
Facebook Twitter
Share
Previous Article Investors React to Ethereum and Bitcoin ETF Movements
Next Article Bitcoin Experiences Volatile Price Movements
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Crypto Market Faces Turmoil as Massive Liquidations Hit Traders
Cryptocurrency News
World Liberty Financial Dismisses Rumors on Trump-Themed Memecoin Project
Altcoin News
Bitcoin Surges Past $100,000: Institutional Buyers Fuel the Rally
Bitcoin (BTC)
New York Pioneers into a Crypto Hub with Ambitious Initiatives
Bitcoin News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?