Telegram Wallet officially supports cross-chain asset deposits across multiple chains, marking a key turning point for the TON ecosystem

In the process of large-scale Web3 adoption, “how to smoothly onboard non-native users into new ecosystems” has always been one of the most challenging problems. Today, this barrier has achieved a major breakthrough within the Telegram ecosystem.

Wallet in Telegram officially announces that its self-custodial TON Wallet now fully supports cross-chain deposits. This update means that over 100 million active Telegram wallet users can deposit USDC or USDT from mainstream public chains such as Ethereum, Solana, TRON, BNB Chain, and even mainstream assets like BTC, ETH, SOL—almost on a 1:1 basis—directly into the TON ecosystem without prior holdings of TON ecosystem assets or manually operating complex third-party cross-chain bridges.

Cross-Chain Deposits: From “Asset Islands” to “One-Stop Entry”

According to the official announcement, this upgrade is powered by MoonPay’s underlying technology infrastructure. Its core logic encapsulates the cross-chain conversion process on the backend, allowing users to complete deposits by simply choosing between “stablecoins” or “other cryptocurrencies” on the frontend.

Feature details:

• Stablecoin Channel: Users deposit USDC or USDT from Ethereum, Solana, TRON, BSC, Polygon, Arbitrum, Base, and the system automatically converts them at a 1:1 ratio to USDT on the TON network.
• Mainstream Coin Channel: Users deposit BTC, ETH, SOL, and the system automatically exchanges them for Toncoin and deposits into the self-custodial wallet.
• Future Withdrawal Support: The official preview indicates upcoming support for reverse withdrawals from USDT (TON) back to USDT or USDC on other public chains.

This design completely removes the rigid barrier of “must buy TON first to use the TON ecosystem.” For Gate users, this means significantly increased asset flexibility—no need for multiple exchanges and transfers between wallets, enabling direct access to rapidly growing GameFi and DeFi applications within Telegram.

TON Price Analysis: Showing Ecosystem Resilience in Mild Recovery

As of February 12, 2026, Gate market data shows:

• The Open Network (TON) current price: $1.36
• 24-hour trading volume: $1.37 million
• 24-hour price change: +4.45%
• Market cap: $3.31 billion
• Circulating supply: 2.44 billion TON

On-chain data indicates that after hitting a low of $1.28 in the past 24 hours, TON quickly rebounded to $1.36, showing clear signs of bottoming out and bouncing back. Although TON has declined 21.77% over the past 30 days, the launch of cross-chain deposits coincides with an oversold technical zone, and market sentiment is gradually shifting from pessimistic to neutral.

Neutral forecast perspective:

From a fundamental standpoint, this feature iteration directly addresses the “native asset dependency” issue in the TON ecosystem. Historical data shows that similar infrastructure upgrades (such as Arbitrum’s cross-chain onboarding) often lead to delayed valuation recovery for the native token. According to Gate’s included TON price prediction model, TON is expected to fluctuate between $1.26 and $1.59 in 2026, with an average price around $1.35. If this cross-chain deposit feature effectively converts Telegram’s existing user base, TON’s market cap could gradually recover toward its fully diluted market value of $6.97 billion.

From “Complex Cross-Chain” to “Invisible Operation”: A Generational Leap in User Experience

The biggest pain point for traditional self-custodial wallets is the high “initial deposit education cost.” Users often need to buy assets on centralized exchanges, withdraw to specific networks, and authorize contracts via DApps—any misstep could result in asset loss.

The essence of this Telegram Wallet upgrade is the deep integration of MoonPay’s enterprise-grade liquidity backend with Telegram’s social frontend. As Wallet founder Andrew Rogozov states: “Entering and exiting the TON ecosystem should be as simple as using a custodial wallet, while still retaining the freedom of self-custody.”

This philosophy aligns closely with Gate’s long-standing advocacy for user asset sovereignty. For professional traders, it means lower arbitrage friction; for ordinary users, it signifies the first truly “seamless cross-chain” experience.

Gate Ecosystem Observation: Cross-Chain Liquidity Becoming a New Battlefield for Exchanges

As a leading global cryptocurrency exchange, Gate has always closely monitored the TON ecosystem and its potential integration with Telegram. The deployment of the cross-chain deposit feature in TON Wallet marks the evolution of non-custodial wallets from mere “storage tools” to “cross-chain aggregation layers.”

With over 150 million registered Telegram wallet users, the TON ecosystem is no longer an isolated application chain but a multi-value network supporting social, payments, and gaming. Gate will continue to provide a secure trading environment for TON and related ecosystem assets, while also monitoring the substantive impact of this feature on on-chain activity and asset liquidity.