The Open Network Foundation has chosen Axelar's Mobius Development Stack to enhance The Open Network (TON) ecosystem by connecting it with 68 blockchain networks, boosting scalability and usability for decentralized applications. This integration facilitates seamless asset and data transfer across major platforms such as $ETHEREUM and Cosmos, improving user experience by eliminating the need for bridging solutions. The partnership emphasizes the growing trend of cross-chain interoperability in the Web3 space, addressing both usability and security concerns.

It's worth noting that the integrated TON blockchain, introduced six months ago, accounts for 3,300,000 wallets.

$BITCOIN and low-cap, high-risk memecoins led the crypto market in Q3, leading venture capitalists to overlook mid-tier projects, Galaxy Digital analysts said.

“Bringing 500 million people on-chain by 2028 will require seamless integration where users interact with the blockchain without even realizing it,” said Justin Hyun, TON Foundation’s director of investments.