The TON network has announced a major update: the Toncoin Bridge will shut down on May 10, 2025. This bridge has helped users move Toncoin between different blockchains, especially from TON to Ethereum and BNB Smart Chain. Now, as the Toncoin system grows, this shutdown marks a clear shift toward newer, safer ways to move assets across blockchains.

Ton coin Ecosystem (TON): Top Coins and Features

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What is the Toncoin Bridge?

The Ton coin Bridge has been a key tool for sending Toncoin across different blockchain networks. It made it simple for users to access Toncoin beyond TON itself. Many people used the bridge to connect Ton coin with popular blockchains like Ethereum and Binance Smart Chain. But as better cross-chain technologies have come out, the old Ton coin Bridge can no longer meet the needs of today’s users. It’s based on older technology that lacks security and speed.

Ton coin: The future of currency

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Why is the Toncoin Bridge Shutting Down?

Several reasons explain why TON will retire the Toncoin Bridge by May 10, 2025:

1. TON Ecosystem Has Matured

TON has grown into a stronger, more complex network. The old bridge can’t keep up with new needs like faster transactions and safer transfers. Keeping the legacy bridge would limit the system’s growth.

2. New Cross-Chain Technologies Are Better

Modern platforms offer better tools to move assets between blockchains. TON plans to use these advanced options:

• LayerZero: Allows many blockchains to connect quickly.
• Stargate: Uses shared liquidity pools for smooth transfers.
• Symbiosis: Lets users swap assets across chains without middlemen.
• Rhino.fi: Focuses on safe and fast asset transfers.

These platforms bring better security, speed, and user experience than the old bridge.

3. Improved Safety and Growth

The old Ton coin Bridge has some risks since it uses older technology. New bridges reduce these risks and handle more transactions at once. That means TON can grow its user base while keeping everyone’s coins safe.

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What Does the Shutdown Mean for Users?

After May 10, 2025

Users will no longer move Ton coin from TON to Ethereum or BNB Smart Chain using the old bridge. Any Ton coin already sent to other blockchains stays safe and claimable. So, if you have Ton coin wrapped elsewhere, you can still redeem it.

News Reference: According to TON’s official blog, the shutdown is designed to enhance user safety and push adoption of modern cross-chain tooling. Users retain the ability to claim any previous transfers after the bridge closes.¹

Bridging Toncoin Into TON Still Works—For Now

Moving Ton coin from other blockchains into TON is still possible. TON will give updates about when that stops. So keep an eye out for new announcements.

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What’s Next for Toncoin and Cross-Chain Moves?

Closing the Ton coin Bridge is just one step. TON plans to connect Toncoin to many blockchains with stronger tools. This will help users by:

• Making cross-chain transfers cheaper and faster.
• Giving easier access to DeFi services without switching networks.
• Opening up deeper liquidity pools across major blockchains.
• Making assets safer when moved between blockchains.

These changes aim to grow Toncoin’s reach and usefulness in the crypto world.

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What Are People Saying?

While TON hasn’t posted official videos or social media updates about this shutdown, crypto fans talk about it on places like Twitter and Reddit. Many users discuss how new cross-chain tools will improve Ton coin’s future. The community seems excited about moving past older, simpler bridges toward better technology. Check out the official TON Coin profile on X (formerly Twitter) for community reactions and updates:Cryptocurrency

TON Coin (@toncoin) / X

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Quick Summary

• The Ton coin Bridge will close on May 10, 2025.
• After that, no more Ton coin moves from TON to Ethereum or BNB Smart Chain via the old bridge.
• Toncoin already sent across stays safe and can be claimed.
• TON will switch to new cross-chain platforms like LayerZero, Stargate, Symbiosis, and Rhino.fi.
• Moving Ton coin into TON from other chains still works but may end later.
• This change helps TON build a safer, faster, and larger DeFi system.

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Final Thoughts

The shutdown of the Ton coin Bridge shows that TON is growing up. By closing old ways of moving Ton coin and adopting better tools, the network is preparing for a stronger future. If you use Ton coin, finish any transfers before May 2025. Keep watching for new ways to move and use your Toncoin safely and quickly across blockchains.

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References and Further Reading

• TON Retires Legacy Toncoin Bridge after 4 years – TON blog on the retirement details and rationale.¹
• TON Announces the Official Closure of the Old Toncoin Bridge on May 10, 2025 – Binance news on shutdown specifics.²
• TON Foundation Closes Old Toncoin Bridge May 10th for Enhanced Security – Coverage of the security improvements driving the move.³
• TON Announces the Official Closure of the Toncoin Bridge – Gate.io report on end of support and claimability.⁴
• Toncoin Bridge to Cease Operations on May 10 – Further details on shutdown timing and transition plans.⁵

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Get or sell Toncoin easily with supported platforms

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This update underscores TON’s commitment to building a more secure and efficient network for its users, embracing innovation while protecting assets. Stay tuned for upcoming cross-chain solutions that will expand Toncoin’s capabilities!

What Is Pi Network and Why It Matters

Pi Network is a cryptocurrency project that has caught many eyes because it offers a new way to “mine” coins using a phone app. Unlike traditional mining, which needs expensive equipment, Pi Network allows users to earn tokens by simply contributing to the network. This user-friendly approach has led to a fast-growing community.

PiNetwork app available on mobile devices, making crypto mining accessible for everyone. Right now, the Pi Network token (PI) trades near $0.65. Many investors, including big players called “whales,” watch this token closely. Whales are individuals or groups holding large amounts of a cryptocurrency. Their actions can move prices up or down quickly. People expect PiNetwork to soon reach over $1 per token. This $1 mark is a key milestone. Breaking it could mean strong demand and more growth for PI holders.

Pi Network (PI) continues to gain traction with a growing user base and market interest.

What Experts Predict for Pi Network Price

Experts and analysts share many ideas about where PiNetwork’s price might go. Prices in crypto can swing quickly, so predictions vary. Still, several forecasts look optimistic for PI:

• By mid-2025, the price might hit $2.13
  This means more than tripling in value from today’s price. According to CoinCodex’s detailed prediction, market sentiment and volatility suggest strong upside potential for PI.
• Long-term views suggest a possible rise to over $250 by 2025
  This is a very optimistic guess, depending on Pi Network’s adoption and ecosystem growth. The Binance Square blog post details a long-term bullish outlook highlighting Pi Network’s growth trajectory.
• Some YouTube crypto analysts talk about a surge to $314
  For a more speculative take, check out this engaging video where market enthusiasts explore the potential for PiNetwork to reach $314 by 2025: “Explore the ambitious projections and market dynamics that could push Pi Network’s price to new highs in 2025.”

These forecasts show the excitement around PiNetwork but should be taken with care. The price depends on many things, like how many people use it and changes in market rules.

Pi Network’s live launch is stirring the crypto market and attracting new users.

Why Pi Network Whales Affect Price Movements

Whales, those big token holders, can strongly affect prices. Even if we don’t hear much about their moves now, their buying or selling can cause big shifts. This happens because crypto markets usually have fewer buyers and sellers than traditional ones, so large trades have bigger effects.

How Whales Move the Market

• Price Support: When whales buy a lot, they can keep the price from dropping.
• Price Resistance: Selling large amounts can stop prices from rising.
• Influence on Other Investors: Small investors watch whales and often copy their moves.
• Changing Liquidity: Big trades can make the market more or less active, causing prices to jump or fall.

As the PiNetwork community grows, whales’ actions might become more visible and cause price changes that push PI above $1.

Pi Network Buzz on Social Media

Social media plays a huge role in crypto talks, and PiNetwork is no exception. Platforms like Reddit, Twitter, and Telegram are filled with users sharing news, tips, and forecasts.

• Strong Community Growth: PiNetwork’s model encourages a large, active user base.
• Speculation About Price: Many users wonder when Pi will cross $1 and discuss what might trigger it.
• Real-Time Updates: Social media helps investors follow whale moves and other market signals fast.

This buzz keeps the conversation alive and can make the price move faster as new investors jump in.

Active user engagement on Pi Network’s official app boosts community growth and market interest.

Risks and Challenges for Pi Network’s Price

Despite the good news, there are risks.

• Price Swings: Crypto prices can rise and fall quickly without warning.
• Rules and Regulations: Governments might set new laws that impact PiNetwork’s growth.
• Speculation: Some forecasts are based on hope, not facts.

Investors should keep these risks in mind before making decisions.

Is a $1 Breakout for Pi Network Coming Soon?

Many signs point to a $1 price soon. A growing user base, active whales, and excitement on social media support this view. However, crypto markets can be unpredictable. Watching how whales act and how the community grows will be key. If PiNetwork gains more users and liquidity, breaking $1 could lead to even higher targets. For now, staying informed and patient is the best way to handle Pi Network’s ups and downs.

Pi Network prepares for key milestones that could influence its market presence and price movement.

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Quick Facts About Pi Network Price

• Current price near $0.65 with strong growth forecasts for 2025.
• Whales may influence price but their moves remain mostly private.
• Social media keeps hype high and drives volume.
• Risks include market swings and regulations.
• A $1 breakout looks possible but is not guaranteed.

Investors who follow these points can better understand Pi Network’s future and prepare for its next moves.

WazirX, one of India’s top cryptocurrency exchanges, is close to a major moment. On May 13, 2025, a crucial court hearing will decide the future of Wazir’s user compensation plan and its business operations. This comes after a huge $234 million hack in July 2024, which affected thousands of users and damaged trust in the platform. The hack was linked to North Korean cybercriminals, making the case one of the biggest cyberattacks in India’s crypto scene.

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The July 2024 WazirS Hack and Its Effects

The WazirX hack shocked the Indian crypto world. Many users had their funds frozen, shaking confidence in the exchange. Here’s a quick summary of the breach:

• Amount stolen: $234 million
• Users affected: Thousands in India and abroad
• Hackers: North Korean cybercriminals

After the attack, WazirX has focused on rebuilding trust and finding ways to compensate users. The parent company, Zettai PTE Ltd, prepared a recovery plan and compensation strategy. However, this plan needs court approval.

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What to Expect on May 13, 2025 Court Hearing

The upcoming court hearing will be a turning point. The court will review WazirX’s restructuring plan and compensation scheme. Over 90% of creditors have already supported the plan, showing strong backing despite the difficulties faced by the exchange.

Main Points of Wazirs Restructuring Plan

• Recovery Tokens: Instead of paying cash right away, Wazir will issue recovery tokens to affected users.
• Token Buyback: The exchange will buy back these tokens over time using profits from future operations.
• Compensation Goal: Wazir targets returning about 75% to 80% of lost user funds.
• Resuming Operations: If approved, WazirX aims to restart trading and begin compensation within 10 business days.

This plan tries to protect the company’s liquidity while giving users a fair chance to recover losses.

Wazir’s Proposed Scheme of Arrangement Awaiting Court Approval – Economic Times For detailed insights on the upcoming court hearing and plans for user compensation, several recent news articles provide valuable context:

• WazirX to get day in court next month with payouts after 10 days if recovery plan is approved – CoinDesk
• WazirX confirms restart on track as it awaits sanction hearing in May – CoinTelegraph
• WazirX Eyes Comeback as Court Ruling on Restructuring and Compensation Nears – 99Bitcoins
• WazirX News: Relaunch Could Begin 10 Days After May 13 Court Ruling – CoinPedia

These articles confirm that if the court sanctions the plan, WazirX aims to begin paying affected users promptly while restarting operations.

Legal and Regulatory Background

Besides the court hearing, there are important legal updates. The Supreme Court of India dismissed a petition from some hack victims. The court advised users to seek help from regulators, not the judiciary. This shows growing trust in regulatory bodies to oversee crypto exchanges and protect investors in India.

What the WazirX Community Is Saying

The trading community and users have mixed feelings on social media. Most are hopeful but cautious about the hearing. Discussions on platforms like Twitter focus on:

• The chances of court approval
• When compensation might begin
• Effects on India’s crypto market

Though there are currently few YouTube videos on the user compensation plan, videos in this space generally highlight the need for clear rules and stronger user protections in Indian crypto exchanges.

What This Means for WazirX Users and Indian Crypto

If the court approves the compensation plan:

• Users will regain trust in WazirX and feel more secure.
• It could set a new example for handling breaches in Indian crypto exchanges.
• WazirX will show commitment to operating under clearer rules.

On the other hand, any delay or rejection could increase doubts, hurting crypto adoption in India.

What Users Should Keep in Mind Going Forward

If the plan gets approved, WazirX will work quickly to restart trading and send recovery tokens. Users should:

• Watch official WazirX channels for updates.
• Stay informed about new crypto regulations in India.
• Be careful about scams or phishing attempts claiming to offer compensation.

Tips for WazirX Users During This Period

• Keep checking WazirX’s official website and verified social media for real news.
• Learn about regulatory changes affecting crypto trading.
• Avoid sharing personal or wallet information with unknown sources.

Conclusion

May 13, 2025, is a key date for WazirX and its community. The court’s decision on the compensation plan will shape the exchange’s future and influence how crypto breaches are addressed in India. WazirX’s plan to return up to 80% of lost funds through recovery tokens and a gradual buyback may restore faith in the platform. This step is crucial for rebuilding trust in India’s growing cryptocurrency market. Users, investors, and the wider crypto community will watch closely as the verdict approaches.