Ankr’s latest integration with The Open Network (TON) is generating excitement among developers and investors. The partnership aims to facilitate decentralized application (dApp) development on TON and could have an impact on the Toncoin price in the coming months.
ANKR and TON Coin
With the integration of Ankr’s advanced Web3 API service, developers will be able to access the TON network more easily. This will both enable more intensive use of ANKR services and facilitate the construction of more applications on the TON network.
TON Blockchain integration makes it easier for developers to build decentralized applications (dApps) within the Telegram ecosystem. The fact that Telegram has over 950 million users provides a significant advantage for the potential growth of this integration. We have seen that many projects on the network reached tens of millions of users in a short time with the support of Telegram mini applications. With massive airdrops, the TON ecosystem grew and altcoins such as DOGS, NOT, HMSTR were quickly listed on Binance and other major exchanges.
So how does this partnership, which will support the growth of the TON network, benefit developers? Thanks to Ankr’s remote procedure calls (RPCs), developers can access the TON network without having to deploy or maintain their own blockchain nodes. This simplifies the dApp creation process and makes it more accessible to developers.
Will the TON Price Reach $8?
Currently, Toncoin price is hovering around $5 with an increase of 0.65% in 24 hours. Increasing use of the TON protocol is supported by rapid user adoption. At the beginning of this month, the TON network recorded more than 11 million monthly active addresses, indicating the continued steady growth of the TON ecosystem.
The fact that Toncoin is a native token leads to an increase in demand as network activities increase. The rapid increase in the number of users joining the TON network creates volatility and growth opportunities in the Toncoin price.
Additionally, TON Network has reached 100 million unique users, indicating rapid adoption of the network. This increase may cause Toncoin price to see further volatility and growth potential.
Overall, Ankr’s integration with TON Blockchain has the potential to create a positive impact on Toncoin price with streamlined access for developers and increased network activities for users. These developments can play an important role in the cryptocurrency market by supporting the growth of the TON ecosystem.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.