Injective Integrates with the Ton Blockchain Ecosystem

Twitter icon  •  Published 4 months ago on August 15, 2024  •  Hassan Maishera

The Injective team announced via X on Wednesday that Injective has officially integrated with the Ton blockchain ecosystem.

Injective Integrates with the Ton Blockchain Ecosystem

The Injective team announced via X on Wednesday that Injective has officially integrated with the Ton blockchain ecosystem. With this integration, Injective assets such as $INJ can be bridged and utilized across TON while $TON is also leveraged across Injective dApps.

The integration will not only enable new asset access for the two communities but also introduce a range of new utilities previously unimaginable. This includes utilizing $INJ and $TON for new functionalities such as trading, asset tokenization, and on-chain lending.

Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $18.16, down % in the last 24 hours. 

The Open Network (TON) is a decentralized ecosystem built around the TON Blockchain. TON aims to address common limitations faced by blockchain networks, such as scalability, speed, and usability. TON is trading at $6.657, down less than 1% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.