How TON-Based Layer-2 Boosts Polygon’s (MATIC) Connectivity Dream

The TON ecosystem is coming to Ethereum using Polygon technology.

Polygon (MATIC) robot smiling happy next to the building works of TON Token.
Created by Kornelija Poderskytė from DailyCoin
  • TON-facing developers have announced plans to launch an Ethereum Layer 2 using Polygon technology.
  • The move promises to be a significant boon to Polygon’s “aggregated blockchain” vision.
  • TON has been one of the breakout successes of 2024.

As more blockchains spring up, the lack of interoperability between solutions continues to pose a significant user experience challenge to users looking to explore applications across different ecosystems.

To tackle this problem, Polygon has proposed an aggregated chain architecture to horizontally connect as many chains as possible on top of Ethereum using zero-knowledge technology. As this vision gathers momentum, several leading companies and projects are jumping on the bandwagon.

Sponsored

In the latest instance, The Open Platform, a development team linked to The Open Network  (TON) ecosystem-facing projects, has announced plans to build a Layer 2 network for the TON Ecosystem using Polygon technology. The move promises to significantly boost Polygon’s “aggregated blockchain” vision amid TON’s thriving user economy.

TON X Polygon (MATIC)

The TON ecosystem is coming to Ethereum. On Tuesday, July 9, The Open Platform disclosed that it was teaming up with Polygon to launch an Ethereum Layer 2 chain called TON Applications Chain (TAC) to give the TON ecosystem greater access to DeFi, gaming, and more with EVM compatibility.

As disclosed in the announcement, the chain will be built with Polygon’s Chain Development Kit (CDK), a toolkit that allows projects to quickly spin off ZK-powered Layer 2 chains and plug into the AggLayer, an interoperability solution that Polygon is developing in partnership with several leading teams in the industry to support as many virtual machines as possible.

The Open Platform has yet to respond to a DailyCoin request for comment on when this planned chain will go live.

Sponsored

Beyond unlocking new opportunities for the TON ecosystem, the planned TON Layer 2 holds significant promise for Polygon’s goals.

TON’s L2 Move Bullish for the Aggregated Network?

TON has been one of the breakout successes of 2024. Boasting deep Telegram integrations and increasingly popular tap-to-earn applications have led to a seamless and massive onboarding of users. According to TonStat data, monthly active users on the network have surged over 1,400% from about 222,000 on January 1 to about 3.4 million at the time of writing.

By connecting this ecosystem to the AggLayer, these millions of retail users could seamlessly hop across other chains attached to the protocol. The move would serve as a boon to chains already connected to the AggLayer while attracting new projects that are looking to attract the budding user ecosystem.

On the Flipside 

  • The timeline for the TON Applications Chain launch remains unclear.
  • The Open Platform differs from the TON Foundation, the primary development team behind the TON ecosystem.

Why This Matters

The TON ecosystem plays host to millions of retail users. The connection of the ecosystem to Polygon’s aggregated network promises to serve as a significant boon to the ecosystem and Polygon’s goals.

Read this for more on Polygon:
Polygon (MATIC) Tackles $0.50 Resistance on 30% Volume Surge

See when FTX’s Nishad Singh and Gary Wang will be sentenced:
Here’s When FTX’s Nishad Singh and Gary Wang Will Be Sentenced

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Okoya David

David Okoya is a crypto news reporter at DailyCoin based in Nigeria. He covers various topics related to the cryptocurrency industry, including exchanges, regulations, and price movements, and strives to bring fresh angles to breaking news. With experience as a freelance crypto news writer, David upholds the highest journalistic standards, telling complete stories and answering lingering questions whenever possible.