Toncoin Bridge Shutdown: Impact on Ethereum and BNB Chain

The TON Foundation has announced the shutdown of the Toncoin Bridge on May 10, 2025, impacting cross-chain transfers to Ethereum and BNB Chain. While this move signifies a transition towards more secure solutions, users can still claim previously bridged assets. The bridge’s closure reflects the maturity and evolution of TON’s DeFi ecosystem, as it seeks to improve network security with newer, modern cross-chain technologies like LayerZero and Stargate.