🚀 TON Accelerator and TON Ventures Launch Synergy Program

TON Accelerator and TON Ventures have launched Synergy, a $5 million program to support cross-chain projects. The initiative provides funding, marketing, tech, and business development support for innovative projects in the cross-chain segment.

💰 $5 Million Incubation Program for Cross-Chain Innovators

The Synergy program, co-hosted by TON and Mantle Networks, kicks off on Nov. 4, 2024. The program aims to unlock $90 billion in cross-chain liquidity and provides product design, technical integration, and market strategy support to applicants.

🌐 Cross-Chain Focus and Mentorship

Synergy will focus on cross-chain interactions, with mentors from TON Foundation, major VCs, and dApp developers. It aims to boost cross-chain liquidity for businesses across various Web3 ecosystems.

📈 TON Ecosystem Growth and Price Surge

TON has seen increased whale activity and a 2.1% price surge amid The Gateway 2024 conference in Dubai. Toncoin (TON) now has a market cap of over $12 billion, making it the 10th largest altcoin by market cap. Most liquidations of TON traders in the last 24 hours were short positions.