The Open Network (TON) and Pyth Network have joined forces to enhance data accuracy for developers on the TON blockchain.
This new collaboration will integrate Pyth’s advanced data feeds, providing TON developers with high-quality, real-time pricing information essential for building innovative decentralized applications (dApps).
Pyth’s technology promises robust, institutional-grade data with multiple layers of security, designed to boost confidence among developers working on TON.
This integration is set to improve decentralized finance (DeFi) services by delivering faster, more reliable price data, crucial for high-speed transactions.
In related news, IntoTheBlock recently incorporated TON into its analytics platform, offering the TON community free access to sophisticated data tools. This move aims to enhance user engagement and network transparency.
Pyth’s recent partnerships also include efforts to refine DeFi lending on Ethereum and Base, leveraging their low-latency data to support more secure and efficient financial protocols.
The Solana network is exploring the possibility of expanding its Compute Unit (CU) capacity, a critical metric for managing transaction complexity and optimizing resource usage.
The United Arab Emirates is set to launch its digital dirham, a central bank digital currency (CBDC), by the fourth quarter of 2025.
Ripple has secured a strategic partnership with Chipper Cash to enhance cross-border payments across Africa, utilizing Ripple’s blockchain and XRP for fast, cost-effective transactions.
Custodia Bank, a notable player in the crypto space, has partnered with Vantage Bank to introduce a groundbreaking stablecoin, marking a first for the U.S. banking sector.