Connect with us

Coin Market

Broxus launches blockchain app scalability platform TON Factory

Published

on

The Open Network (TON) ecosystem participant Broxus has unveiled TON Factory, a new platform designed to accelerate the development and scalability of high-throughput applications like decentralized exchanges (DEXs) and blockchain-based games.

In an April 30 post on Telegram, the project said TON Factory aims to help developers rapidly build and scale projects with modular components, integration tools, and hands-on expert support.

“For OGs already building on TON, TON Factory helps you scale further,” the announcement stated.

The initiative is backed by a team of over 150 engineers with experience delivering production-ready infrastructure in the TON ecosystem, per the announcement.

Source: TON

Related: Venture capital firms invest $400M in TON blockchain

Broxus’ Tycho Protocol powers TON Factory

The underlying architecture leverages Broxus’ Tycho protocol, which combines the TVM with a Directed Acyclic Graph (DAG) consensus mechanism.

This hybrid design is intended to achieve near-instant finality and high throughput, reportedly handling up to 35,000 transactions per second (TPS), a benchmark that could position TON Factory as a serious competitor to other layer-1 and layer-2 scaling solutions.

“TON Factory also supports custom TVM chain deployments and offers tailored scaling solutions, helping ambitious teams drive the ecosystem forward.”

At the time of writing, Toncoin, the native cryptocurrency of The Open Network (TON), is trading at $3.22, down around 1% in the past 24 hours, according to data from CoinMarketCap.

In March 2025, the TON Foundation said several venture capital firms invested more than $400 million in the TON blockchain, signaling growing interest in the Telegram messaging ecosystem. 

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

Continue Reading

Coin Market

Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race

Published

on

By

At least two industry-aligned PACs have poured more than $52 million into opposing Sherrod Brown’s return to the Senate.

Continue Reading

Coin Market

Stablecoin remittances cost 84% less than traditional transfers, report finds

Published

on

By

Borderless.xyz data shows major savings on cross-border business payments, with stablecoin transfers also settling faster than traditional international bank wires.

Continue Reading

Coin Market

Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints

Published

on

By

Bitcoin held above $80,000 as South Korean tech stocks recovered from a sell-off and traders lowered their expectations for a Federal Reserve interest-rate hike.

Continue Reading

Trending