The TON Foundation has announced a strategic partnership with Jupiter to incubate a new liquidity aggregator on the TON blockchain.
This collaboration aims to enhance liquidity aggregation on the TON network and pave the way for cross-chain swap integrations.
Why TON and Jupiter partnered
The decision to collaborate with the TON Foundation stems from a shared vision of creating a more interconnected and efficient DeFi landscape across different blockchain networks.
The aggregator leverages Jupiter’s expertise in DEX technology and TON’s scalable infrastructure to optimize liquidity across the TON ecosystem. This enables users to find the best rates and access deep liquidity pools seamlessly.
Developers will also be able to engage in new possibilities for building sophisticated DeFi applications on TON.
Furthermore, this collaboration could position TON as a key player in the emerging landscape of interoperable blockchain networks due to the cross-chain swap integrations.
The project kickstarts with a DeFi competition running until March 15, 2025. The contest invites developers to submit their aggregation projects, whether ongoing or in development.
The winners, announced on March 31, 2025, will receive significant prizes and invaluable support from both Jupiter and the TON Foundation.
The collaboration showcases a commitment to community-driven development and highlights the potential for rapid innovation within the TON ecosystem.
Implications for crypto traders
As DeFi grows, partnerships that bridge different blockchain ecosystems become increasingly valuable. This could attract more developers and users to the TON network, further solidifying its position as a major player in the crypto space.
The liquidity aggregator on TON could increase trading volumes and improve liquidity across the entire ecosystem. As a result, it may attract more institutional investors and larger players who’ve been hesitant to enter the DeFi space due to liquidity concerns.
TON and Jupiter price analyses
TON/USD price action (Source: TradingView)
TON is trading at $5.5100 with a market cap of $14.07 billion. The RSI of 42.28 means the token is in neutral territory, leaning slightly toward oversold conditions.
It could experience a short-term bounce if the RSI moves back above 50.
The MACD indicates bullish momentum, which means traders should watch for potential buy signals if the MACD line crosses above the signal line.
Finally, the CCI shows that the token’s price is trading above its statistical average with strong upward momentum in the short term.
Traders should monitor for a potential trend reversal if the RSI continues to decline below 40 or the MACD shows signs of a bearish crossover.
JUP/USD price action (Source: TradingView)
Jupiter is currently trading at $0.8070 at a market cap of $1.09 billion. Its RSI of 49.31 indicates that the token is neither overbought nor oversold.
This means traders should watch for potential trend changes if the RSI moves decisively above 50 (bullish) or below 50 (bearish). They should also monitor MACD for potential crossovers, which could signal entry or exit points.
The partnership has the potential to create a new paradigm for liquidity provision and cross-chain interoperability.
Besides boosting TON’s standing in the DeFi space, the success of the project could also serve as a model for future cross-ecosystem collaborations in the blockchain industry.
Read more: Why is Crypto Going Down? Will it Recover in January?
