AXL Coin price At the time of writing, it rose to $0.816, and the news of the partnership with TON Coin was effective in this. With its huge number of users, TON Coin has become one of the most popular networks of the last year. New projects launched in its ecosystem have reached millions of users. Now it is accelerating its growth with the new partnership.
AXL and TON Coin
reaching its daily peak AXL Coin It increased after the news just announced. The Tone Foundation will leverage Axelar’s Mobius development stack to strengthen its interoperability with different blockchains. This interoperability solution helps the TON ecosystem integrate with different networks much more effortlessly.
After this step, TON developers will be able to transfer assets between the mainnet and other crypto networks. They will also have an important bridge for decentralized applications that can interoperate between different networks. TON Foundation ecosystem development director Anthony Tsivarev said;
“Axelar MDS is an ideal choice for the TON interoperability layer. “They offer an open, developer-friendly code library that provides secure, one-click integration to build applications across networks.”
Although AXL price climbed to the 0.822 level, it failed to reach a larger peak. However, in the future, the effects of the TON partnership on the price may be felt more clearly.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.