Toncoin

Wallet developer SafePal has added support for The Open Network. TON was originally designed by the Telegram team but is now an independent, fully open-source community project. In addition to enabling users to store and send $TON within SafePal’s hardware and software wallets, the integration allows for interacting directly with TON dApps. SafePal will also add support for $TON within TheExtension wallet at a later stage. The strategic partnership between SafePal and The OpenNetwork includes the provision of a TON grant to support open-source development. Both parties will work together to drive a secure, open, transparent and interoperable network that empowers the next level of blockchain adoption. Justin Hyun, Head of Incubation at TON Foundation, said: “We are happy to onboard SafePal as the first hardware solution on TON. Furthermore, we are excited about the prospects of SafePal and their journey to open-source, as this builds greater trust and resilience for the safekeeping of assets.&#34; The SafePal integration of $TON arrives at a time when interest in The Open Network is at an all-time high. $TON is up 50% in the past 14 days, while STON.fi has emerged as the network’s first DEX and is now being tracked by market aggregator Defi Llama. The &#64;wallet service, developed on TON, has made it possible for the first time to send and exchange tokens seamlessly over P2P between users within Telegram. Telegram itself recently launched a tokenized usernames auction based on the TON blockchain. Sales of SafePal hardware wallets have soared following the collapse of FTX that has prompted more cryptocurrency holders to self-custody their assets. SafePal’s native SFP token has also increased in value in the last 14 days. SafePal offers three decentralized wallet solutions that help crypto users manage, swap, trade, and secure their cryptocurrency assets. All three types of wallets can be interconnected, allowing users to explore the web3 world the way they like. The SafePal team is also preparing its open-source wallet program that will open the SafePal mobile app, browser extension, and communication protocol on the hardware wallet to third party developers.

SafePal Wallet Adds Support for The Open Network.

Toncoin

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