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TON Utility Chain and Polygon Labs Combine EVM

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The TON Utility Chain (TAC) and Polygon Labs have collaborated to offer Ethereum Digital Machine (EVM) performance to the TON ecosystem. This integration seeks to reinforce the range of apps accessible to TON customers, comparable to decentralized finance (DeFi), gaming, and identification options.

On July 9, TAC and Polygon revealed their integration of the Polygon CDK and the interoperability protocol Agglayer. This transfer will introduce EVM-compatible decentralized purposes (DApps) to the TAC platform.

TAC’s CEO, Pavel Altukhov, emphasised that this collaboration will bridge the hole between the TON and Ethereum ecosystems, facilitating DApp integration inside Telegram.

By leveraging purposes like Pockets in Telegram, Ethereum builders will entry an unlimited consumer base, enabling extra real-world crypto purposes. Potential use instances embody DeFi, gaming, and decentralized identification options.

TON Community’s Energetic Addresses Surpass Ethereum

On July 6, Messari reported a notable rise in day by day lively addresses on the TON community, surpassing Ethereum in June. TAC’s founding workforce, together with Curve founder Michael Egerov and the workforce behind The Open Protocol (TOP), has pushed this progress. TOP provides crypto pockets performance throughout the Telegram app, enhancing consumer expertise.

TAC, a layer-2 community constructed on TON, is designed to convey EVM-based decentralized purposes to TON and Telegram customers. Whereas the community has seen an uptick in buying and selling exercise of latest tokens, it has additionally confronted an increase in phishing assaults. 

SlowMist founder Yu Xian warned of phishing dangers throughout the Telegram ecosystem, highlighting the unfold of misleading hyperlinks by way of message teams and airdrops.

Regardless of safety considerations, TAC and Polygon Labs’ integration of EVM performance marks a big development. This growth guarantees to reinforce the vary of purposes out there to TON customers, providing new alternatives in DeFi, gaming, and extra. 

The collaboration highlights the potential for additional innovation throughout the TON and Ethereum ecosystems.

Additionally Learn: Hamster Kombat Hits 239M Customers, Will Launch Personal Token on TON



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