OKX Wallet Achieves Milestone with 100th Blockchain Integration

CoinGrab Asia William Lee CoinGrab Asia William
July 21, 2024
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OKX Wallet Expands with TON Integration, Reaches 100 Mainnet Milestone

OKX, a global leader in the cryptocurrency exchange arena, has announced a significant expansion of its wallet services through the integration of The Open Network (TON). This addition marks the 100th mainnet blockchain supported by the OKX Wallet, emphasizing its commitment to offering extensive access to a variety of blockchain networks and decentralized applications (dApps).

TON Integration Enhances OKX Wallet

The integration of TON, one of the most rapidly expanding blockchain ecosystems of 2024, is a notable development. TON’s growth is propelled by its connection to Telegram’s vast user base and the rising popularity of TON-based “tap-to-earn” games. As per DefiLlama, TON boasts a total value locked (TVL) of $773 million, reflecting its significant impact within the blockchain community.

Broadening Blockchain and DApp Support

Prior to adding TON, OKX Wallet had already integrated several other prominent networks such as NEAR, Blast, and zkLink Nova. Currently, the wallet supports over 10,000 dApps and 300,000 tokens, and connects users to more than 400 decentralized exchanges (DEXs).

Empowering Users through Diverse Blockchain Access

Haider Rafique, the Chief Marketing Officer at OKX, highlighted the wallet’s user-centric approach, “Our native integration with popular and emerging chains simplifies user interaction with expansive crypto ecosystems.” This integration not only eases access but also enriches user engagement across various blockchain projects and services.

Democratizing Blockchain Technology

The latest integration by OKX Wallet signifies a crucial step towards democratizing access to blockchain technology. By supporting an extensive range of blockchain networks, OKX Wallet enables users to explore and engage with diverse crypto ecosystems, solidifying its leadership in the digital assets industry.

About OKX

Recent data from The Block’s dashboard indicates that OKX processed a remarkable $63.31 billion in trade volume in June alone. This figure underscores OKX’s pivotal role in the global cryptocurrency market and its dedication to delivering superior trading and wallet services. Earlier in the year, OKX launched X Layer, an Ethereum-based zero-knowledge Layer 2 network, aimed at enhancing scalability and transaction efficiency for its 50 million users.

As a leading cryptocurrency exchange and wallet service provider, OKX is renowned for its robust security measures, a wide array of supported assets, and user-focused solutions that meet the demands of a global crypto audience. Through continuous innovation and a commitment to user empowerment, OKX sets industry standards and promotes the widespread adoption of digital assets worldwide.

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CoinGrab Asia William Editor
William, originally carving out a career in Singapore's structured finance sector, made a pivotal shift to follow his passion for the dynamic and often turbulent world of cryptocurrency and financial markets. Now a distinguished cryptocurrency journalist and market analyst, William has authored over 800 insightful articles, making a significant mark in the crypto journalism field.Driven by a keen interest in the underlying mechanisms of the crypto world, William specializes in on-chain analysis, which involves examining transactions recorded on blockchains to gauge market trends and sentiments. His expertise also extends to dissecting events that trigger substantial market movements, providing his readers and followers with a deeper understanding of what drives fluctuations in cryptocurrency values.William’s contributions to the crypto community go beyond mere reporting. He regularly publishes opinion pieces that offer thoughtful perspectives on the latest developments and trends shaping the cryptocurrency landscape. His work not only informs but also enriches the dialogue within the crypto space, offering both novices and seasoned investors valuable insights into the complexities of market dynamics.
CoinGrab Asia William Lee
Author CoinGrab Asia William

William, originally carving out a career in Singapore's structured finance sector, made a pivotal shift to follow his passion for the dynamic and often turbulent world of cryptocurrency and financial markets. Now a distinguished cryptocurrency journalist and market analyst, William has authored over 800 insightful articles, making a significant mark in the crypto journalism field.Driven by a keen interest in the underlying mechanisms of the crypto world, William specializes in on-chain analysis, which involves examining transactions recorded on blockchains to gauge market trends and sentiments. His expertise also extends to dissecting events that trigger substantial market movements, providing his readers and followers with a deeper understanding of what drives fluctuations in cryptocurrency values.William’s contributions to the crypto community go beyond mere reporting. He regularly publishes opinion pieces that offer thoughtful perspectives on the latest developments and trends shaping the cryptocurrency landscape. His work not only informs but also enriches the dialogue within the crypto space, offering both novices and seasoned investors valuable insights into the complexities of market dynamics.