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Ton to End Toncoin Bridging to Ethereum and Binance Smart Chain

by Market News Board
2 months ago
in Crypto, Cryptocurrency News, Ethereum
Ton to End Toncoin Bridging to Ethereum and Binance Smart Chain
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The TON Foundation is taking a bold step by ending the Toncoin bridge to Ethereum and Binance Smart Chain. This change shows the network’s continued growth and focus on enhancing how Toncoin moves across blockchains. Users should prepare for this change, as it will affect how they transfer Toncoin between different ecosystems.

Ton Bridge: Growth to Retirement

Initiated in 2021, the Toncoin Bridge connected TON to Ethereum and Binance Smart Chain, performing over 31,800 transfers and transporting 101 million TON tokens without any security breaches or hacks. It allowed users to trade Toncoin on platforms like Uniswap and PancakeSwap before TON had native DeFi options. 

After 4 years and 100M+ $TON bridged, Toncoin Bridge is retiring.

Starting May 10, 2025, users will no longer be able to bridge $TON to Ethereum or BNB Chain. Claims from past transfers will stay open, and inbound bridging remains live for now.

Toncoin Bridge was essential in… pic.twitter.com/d1VCItdtIy

— TON 💎 (@ton_blockchain) April 25, 2025

Wrapped Toncoin expanded, reaching 35,694 holdings on Ethereum and 113,495 on BSC. The bridge played a crucial role in generating initial liquidity and providing user access, but as TON’s own DeFi ecosystem and advanced cross-chain technologies emerged, it became less needed.

After four years and over 100 million TON bridged, the TON Foundation is discontinuing the Toncoin Bridge, starting May 10, 2025. This decision reflects TON’s expansion, with more centralized exchanges offering Toncoin and a mature native DeFi ecosystem eliminating the need for older bridges. Cross-chain alternatives, such as LayerZero and Stargate, enable faster, safer transfers, making the old bridge less relevant. 

Ending the bridge enhances security by removing older infrastructure and encourages users to embrace modern tools. It also illustrates TON’s progress from relying on foreign chains to focusing on its scalable, multi-blockchain architecture and growing ecosystem.

What Users Should Do

Users should act before May 10, 2025, when the Toncoin Bridge officially shuts down for transfers to Ethereum and Binance Smart Chain. After the set date, bridging out will no longer be feasible; however, users can still claim any Toncoin stuck in the bridge indefinitely. To trade Toncoin currently, users should use centralized exchanges or newer cross-chain solutions, such as LayerZero, Symbiosis, and RocketX, which facilitate TON transfers securely and fast. 

For those new to bridging, connecting a compatible wallet like Tonkeeper or Telegram Wallet is important. Always check official TON channels for updates and avoid fraudulent sites. The TON ecosystem continues to evolve with several possibilities for moving and using Toncoin across many blockchains.

Toncoin’s bridge retirement may reduce wrapped TON liquidity on Ethereum and BSC, affecting trading volumes across different blockchain networks. Currently, over 149,000 holders hold wrapped TON across these chains, signaling notable market presence. While this could shift liquidity back to TON’s native ecosystem, the overall market impact is expected to be gradual as users adopt newer bridging options.

READ MORE: PENGU Soars Past $600M Market Cap, Highest in Over Two Months



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