TON Partners with WalletConnect to Enhance DeFi Accessibility
The Open Network (TON) and WalletConnect have joined forces to revolutionize the DeFi space, announcing a strategic integration that will bring TON’s fast and scalable blockchain infrastructure to the forefront of the industry.
By bridging the gap between TON’s innovative ecosystem and WalletConnect’s extensive network of compatible wallets, this integration is poised to significantly enhance DeFi accessibility, increase network liquidity, and empower users to engage with TON’s decentralized applications seamlessly.
With prominent players like Fireblocks and SafePal among the first to leverage this integration, the TON ecosystem is set to witness a substantial influx of both retail and institutional users, further solidifying its position in the DeFi space.
WalletConnect and TON Unite: What You Should Know
In an official post, WalletConnect announced its decision to integrate with The Open Network, enabling seamless access to TON’s ecosystem for hundreds of wallets and institutional clients. This integration allows users to directly access TON’s dApps from WalletConnect-compatible wallets, expanding the network’s reach to millions of new users.
As a result, TON’s DeFi ecosystem will experience a significant boost in liquidity and accessibility, positioning it for further growth and adoption. It is noteworthy that the development comes on the heels of France ending the travel ban on Telegram founder Pavel Durov as part of the ongoing investigation against the platform.
Also, the integration marks another milestone in the expansion of the WalletConnect Network, which already supports major platforms like Ethereum Mainnet, EVM Chains, Solana, and Bitcoin. This move is expected to further increase WalletConnect’s connections, building on its existing impressive metrics of over 365 million connections across 76,000+ apps and 700+ wallets.
TON DeFi Goes Mainstream with Fireblocks and SafePal
Notably, Fireblocks and SafePal are set to be among the first to integrate with TON, providing retail and institutional users with access to the ecosystem. Through Fireblocks’ network of over 2,400 institutional clients, users can now securely engage with DeFi, including liquid staking, liquidity pools, and other on-chain products.
This integration marks a significant milestone, enabling compliant, institutional-grade access to DeFi at scale for the first time. TON Vice President of Business Development, Glenn Brown, noted,
“This integration marks a defining milestone for TON. By connecting through WalletConnect, we’re making it easier than ever for users, wallets, and institutions to access TON’s fast-growing ecosystem. As activity and liquidity continue to surge, this collaboration strengthens TON’s position as the blockchain powering the next generation of apps built for Telegram’s global audience.”
How Will This Integration Impact TON Ecosystem’s Future Growth?
The TON ecosystem has seen significant growth, with a stablecoin market cap of about $850 million, daily DEX volume of nearly $5 million, and weekly trading volume of $45 million. This growth is driven by native DEX platforms like STON.fi, DeDust, and TONCO, as well as Telegram’s massive 1 billion user base and the viral adoption of TON-based mini-apps, which have contributed to a 3,000% increase in daily active addresses in 2025.
With WalletConnect’s integration, TON users now have a seamless pathway to connect via hundreds of compatible wallets, further accelerating adoption and liquidity inflow. As the ecosystem continues to expand, TON’s price could potentially see significant gains.
As of press time, the cryptocurrency price is marked at $1.69, with a marginal decline of 2.95. Over the past week and month, the token has seen more notable declines of 18% and 26%, respectively. However, driven by the recent development, the 24-hour volume has surged by 18%, which indicates the community’s renewed interest in the token.
