Ton Community has recently made a significant announcement that TonCoin Bridge will be completely discontinued from 10 May 2025. After this users Toncoin Will not be able to bridge Etreum or BNB Subtle Chain from Ton Community. However, users who have already transferred them will be able to claim them even after deadline. At the moment, it is possible to bridge Toncoin in Ton, but it is also planned to completely close it soon, which will be reported later.
Ton’s increasing ecosystem is the reason behind the closure of the bridge
Toncoin Bridge initially played a big role in the development of Ton Community. This was the main solution when Toncoin was not listed on centralized exchanges and there were not Defi facilities on Ton, this was the main solution to move the toncoin on Ethereum and BNB Subtle Chain. It is only through this bridge that users could trade toncoin on platforms like Uniswap and Pancakeswap.
This bridge was also necessary for the use of Jusdt as a wrapped property to Toncoin. But now Ton Community has created its own strong Defi Ecosystem and is working with modern cross-chain platforms like Layerzero, Stargate and Symbiosis. For this reason, the old bridge is no longer the need. The network is now focusing on more scalable and safe transfer solutions.
Toncoin Bridge Achieved from Ton ton many big milestones
With the help of Toncoin Bridge, Ton has achieved many big milestones. TonCoin Etreum Bridge (V1) was launched in August 2021, followed by BNB Subtle Chain Bridge (V2) in October 2021 and Ethereum Bridge (V3) in April 2023. Total 31,893 transfer processes have been made so far and more than 101 million ton has been bone on Etreum and BNB Subtle Chain.
The Ethereum Community has 35,694 holders and more than 460,000 transactions on the Ethereum Community, while the BNB Subtle Chain has recorded 113,495 holders and more than 2.6 million transactions. With the closure of the bridge, Bridge Orchales will also start extracting their staked ton, but the existing services of the system will not be affected and soon ton community can also make new announcements regarding new methods of toncoin transfer.
Conclusion
The closure of Toncoin Bridge is a major step towards development and self -sufficiency of Ton Community. Initially, while this bridge helped Ton to estimate the global level, now Ton has prepared its own strong defi and cross-chain infrastructure. With the new solution, users are expected to get more safe, fast and easy experience. This change is Ton’s growing technical potential and its Toncoin Worth Refers to the direction of the future of K.
