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Cryptocurrency News Articles

Broxus Launches TON Factory, a New Infrastructure Project Aimed at Scaling High-Performance Applications

May 01, 2025 at 11:09 am

Broxus has launched TON Factory, a new infrastructure project aimed at scaling high-performance applications on The Open Network (TON).

Broxus Launches TON Factory, a New Infrastructure Project Aimed at Scaling High-Performance Applications

Broxus has launched TON Factory, a new infrastructure project focused on scaling high-performance applications on The Open Network (TON).

The platform promises modular tooling, integration support, and dev-facing infrastructure designed for projects chasing throughput — from decentralised exchanges to blockchain games.

It was announced on April 30 in a post on Telegram (see X for a translated version):

A Broxus spokesperson said the platform is optimised for developers working on L2s and appchains built on TVM tech, with an emphasis on keeping tight integration with the TON base layer. The goal is straightforward: enable performance scaling without compromising interoperability.

It’s powered by Tycho, a protocol designed by Broxus that fuses the TON Virtual Machine with DAG-based consensus. The goal is near-instant finality and transaction capacity that theoretically hits 35,000 TPS.

Toncoin Market Outlook

Despite the infrastructure momentum, Toncoin itself is trading at US$3.22 (AU$5.02), down 1% over the past 24 hours.

Moreover, the token is down 22% in the last 30 days, as per data from CoinGecko:

It looks like the token has failed to keep up its momentum even as most cryptocurrencies in the market have seen gains recently. Back in March, Toncoin scored a 30% gain as Telegram founder Pavel Durov was allowed to leave France.

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Other articles published on May 01, 2025