TON Network to End Toncoin Bridge Support by May

The TON community has communicated officially that the Toncoin Bridge will be put to rest on May 10, 2025. From that date on, users will not be able to bridge Toncoin from the TON network to the Ethereum or BNB Smart Chain. Before the cut-off date, however, users that transferred assets are still able to claim their assets. Bridging Toncoin into TON is available, although that service is set to cease soon as well.

Why Is TON Closing the Toncoin Bridge?

The Toncoin Bridge also played a pivotal role in the infancy of TON. At a time when Toncoin had not yet been listed on any centralized exchanges (CEXs), the bridge allowed users to transfer Toncoin to Ethereum and BNB Smart Chain before the development of TON’s DeFi ecosystem. This made it possible to trade on Uniswap and PancakeSwap.

Even after Toncoin appeared on CEXs, it became instrumental in accessing decentralized exchanges and using wrapped assets like jUSDT. However, the TON ecosystem has changed and evolved. With its growing DeFi ecosystem, the partnership with such cross-chain platform capabilities such as LayerZero, Stargate, and Symbiosis have reduced the reliance on the old bridge. TON is now focusing on cross-chain solutions that are more modern, more secure, and scalable.

The Bridge’s Effect and Eternal Legacy

This service was a critical factor for many steps forward for TON. It processed 31,893 transfers and bridged over 101 million TON into Ethereum and BNB Smart Chain. Wrapped Toncoin also flourished well, with 35,694 holders and over 460,000 transactions on Ethereum and 113,495 holders and over 2.6 million transactions on BNB Smart Chain.

While the bridge is shutting down, its bridge oracles will withdraw their staked TON. The network, meanwhile, assures users that everything else will function as intended.

Conclusion: TON Steps Into A New Future

The closure of the Toncoin Bridge is a new beginning for the TON network. Fully developed ecosystem, ancient cross-chain alternative setups; That’s how TON is walking toward the new secure, scalable, and decentralized future.

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