The Open Network (TON) recently shared its roadmap for the first half of 2025. This roadmap includes nine updates, with plans to launch a Layer-2 network within the year. This step will not only enhance TON’s functionality but also enable it to compete with rivals like Ethereum $1,762.
Layer 2 Payment Network
According to the roadmap shared by the TON Core team, the Layer 2 version of the payment network is highlighted as the fifth update. The protocol aims to support 500 million active users, placing scalability at the forefront of its efforts.
While the main layer of TON has focused on scalability and decentralization over speed and low costs, the Layer 2 payment network will prioritize these latter features. Verification of current speed shows it can meet daily user needs, while the new network goals include high-frequency transactions, such as on-chain trades and instant-response games.
Anticipated Significant Changes
Beyond the Layer 2 Payment Network, TON plans to accelerate its main net upgrade and launch new validator tools. These functions will be complemented by the new Toncenter API, research on side chains, the new version of TOLK 1.0, and various other plans.
The TON Core team is also set to launch TON BTC Teleport, a robust cross-chain solution facilitating asset transfers between Bitcoin $93,570 and TON. This initiative aims to support asset transfers from Bitcoin to TON and vice versa, thereby enhancing user access to new networks.
Toncoin Price
Recently, various innovations linked to the protocol with close ties to Telegram have been announced. Earlier this year, Telegram introduced third-party verification and NFT gifting features on TON. Such innovations are expected to positively impact Toncoin’s price, which currently stands at $4.917, having dropped over 40% from its all-time high.
At the time of writing, TON’s price dropped by 3.73% to $4.917 within 24 hours. If developments in the roadmap are successful, the coin could reduce losses and establish a new upward trend.
Advancements in technology and protocol updates may contribute to the growth of the TON ecosystem. Faster and lower-cost transactions could increase user interest in the platform. Moreover, cross-chain solutions present the potential for broader audience reach by facilitating integration across different blockchains.