The partnership between The Open Network and Trust Wallet is capturing the community’s attention. This integration will help the 100 Million users of Trust wallet to send and receive Ton tokens. This collaboration aims to support both projects and their communities. Let’s explore what this means for these projects and their users.
Collaborative Benefits
This collaboration will assist both projects for further development and growth. Trust has a user base of over 100 million who can now use the TON ecosystem inside the wallet. This step aligns with Trust wallet’s commitment to open source solutions. They have a mission to provide a secure and user friendly experience for Web3 enthusiasts.
On the other hand, the TON ecosystem will be able to tap into Trust wallet users. Trust wallet already has support for over 60 chains and Ton will be one of them now. According to the Head of Product at Trust Wallet, Nate Zou, this integration was a natural progression for both projects as they share a common community friendly approach. This partnership aims to enhance cross chain interoperability. This will empower the users to move their assets securely in the Web3 space.
Expanding Horizons
The pivot point of this partnership is the emphasis of GameFi and Decentralized applications. Leveraging Telegram’s massive user base, this integration promises to bring millions of new users to the Web3 ecosystem. The users of Trust wallet will have access to TON’s mini apps, GameFi and DeFi applications. This will open new opportunities for new as well as existing Web3 people.
This collaboration will not only improve user interactions with TON but will also support importing of the TONKeer wallet into trust wallet in near future.
Trust wallet is committed to open source solutions. They implemented a solid foundation to their commitment by releasing Barz, an ERC-4337 compatible smart wallet. This will help the developers to overcome limitations and wallet challenges.
Rise in TON price
After this announcement, the price of the TON coin saw a surge of around 3.95%. As of writing Ton coin is trading at $6.86. RSI in the hourly chart shows a continuous rise. The moving averages of TON coin are all entangled with each other. The 20 and 50 MA has already crossed over the 100 and 200 MA. We can see an upcoming crossover by 100 MA to 200 MA. This movement of MAs is clearly showing a positive sign and supporting the rise of RSI.
The Future Plans
This integration will open many pathways for both projects to expand their products and use powers of each other. TON community will now have access to Trust wallet features and the ability to store their coins. While on the other hand, trust wallet users can now have access to the GameFi and mini apps of TON. This is a win-win situation for both the projects and their community. The partnership is going to redefine the Web3 landscape. This is going to bring new opportunities not only for the users but for developers as well.
With this integration, Trust wallet and TON are committed to enhance their offerings, aiming to create a more inclusive and accessible Web3 ecosystem.
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