Toncoin (TON), the native coin of The Open Network, has seen its value increase due to its recent collaboration with Pyth Network. This collaboration will enhance data delivery on the TON blockchain. It will also drive growth, especially in the Decentralized Finance (DeFi) and gaming industries.
Toncoin Price Rise after the Announcement of Partnership
Toncoin has gained by 9% in the last 24hrs and was exchanging hands at $7.05 as of press time. Prices rocketed after the August 14, 2024, announcement of the strategic partnership with Pyth Network. Before the correction, Toncoin reached an intra day peak of $7.22.
TONcoin price | Source: CoinMarketCap
Subsequently, this price movement is attributed to the partnership with Pyth Network which provides enhanced oracle services to the TON blockchain. These services are anticipated to be critical in advancing more complex applications. They are especially important for the rapidly growing DeFi and gaming categories on TON.
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We współpracy z: https://www.thecoinrepublic.com/2024/08/15/toncoin-ton-price-jumps-9-post-pyth-network-partnership/
