TON bridge shutdown is the focus of this TON Drop Hub update for readers following Telegram Mini Apps, TON ecosystem activity and related user risks. Users holding Wrapped TON on Ethereum or BNB Smart Chain were explicitly advised to convert back to native TON before the cutoff, as further redemptions and transfers via the old bridge are no longer possible. The bridge's retirement follows declining demand and the rollout of alternatives like native USDT on TON, eliminating the need for additional wrapped stablecoin routes. The shutdown marks the end of a specific cross-chain era for TON, and anyone still holding these wrapped tokens on other networks now faces added steps or complications in accessing mainnet utilities.
Details of the TON Legacy Bridge Closure
The legacy TON bridge that connected the TON blockchain with Ethereum and BNB Smart Chain has been officially shut down. This particular bridge enabled movement of assets such as Wrapped TON and bridge-issued tokens across different chains, mainly providing wrapped versions when a user transferred assets off the native TON network. Beginning September 1, the bridge permanently ceased operations. This affects only bridge-issued and wrapped assets, not native TON coins held in TON wallets or the base chain itself.
TON Status had advised holders of Wrapped Toncoin on Ethereum or BNB Chain to convert their tokens back to native TON ahead of the deadline. The bridge had already limited outbound transfers—stopping TON outflow to other networks since May 2025—while still allowing conversions back for existing users, providing a limited window before the service stopped permanently. This step was triggered partly by the launch of native USDT on the TON blockchain, reducing the need for third-party wrapped stablecoin bridges. Toncoin, recently renamed Gram [GRAM], continues to be listed under conflicting tickers on some exchanges and charts, adding naming confusion for some users.
With the shutdown now finalized, users holding legacy wrapped TON assets on Ethereum or BNB Smart Chain have missed the official redemption window. No actual TON or GRAM has been lost on the main network, but the wrapped tokens outside TON are no longer convertible by official means. Builders should now direct all cross-chain activity to the new transfer solutions or direct native support.
Advice for Wrapped Toncoin Holders
With the TON bridge shutdown, holders of Wrapped Toncoin on Ethereum and BNB Chain lose their route for converting these tokens back into native Toncoin on the TON mainnet. The bridge that handled these transactions has now ceased operation as of September 1, 2026. Wrapped Toncoin was never the native coin; it only represented Toncoin on other networks, so those holding wrapped tokens elsewhere must act if they want access to the actual TON chain asset.
The withdrawal window allowing Wrapped Toncoin holders to migrate back closed simultaneously with the bridge, so anyone still holding bridge-issued assets on Ethereum or BNB Chain is now unable to redeem them for TON. The bridge was fully retired as part of a shift towards native asset support and the rise of alternatives such as native USDT on TON, removing the use case for legacy wrapped bridges.
For builders and liquidity managers, the shutdown severs existing cross-chain flows from Ethereum and BNB Chain back to the TON network using this particular bridge. If dApps, pools, or smart contracts relied on these wrapped assets, contract upgrades or user notifications are critical to avoid inadvertent losses or stranded liquidity.
Leaving Wrapped Toncoin on non-TON chains is now riskier and potentially illiquid. Check contract permissions, and immediately review whether any project, wallet, or interface you use might display or process bridge-wrapped tokens that no longer have a path home. This change is permanent and not reversible even by TON Status.
TON Price Trends Following the Shutdown
Toncoin’s price slipped by just over 3%, reaching as low as $1.33 after the shutdown of its legacy cross-chain bridge for wrapped TON and assets on Ethereum and BNB Chain. This move ended transfer support for wrapped versions, but holdings of native TON on its mainnet or in user wallets were not impacted. The bridge was mainly used for bringing TON assets onto other blockchains as wrapped tokens, which are claims on real coins, not the coins themselves. Holders of Wrapped TON on Ethereum or BNB Smart Chain were told in advance to swap back to TON before the closure date.
The recent market reaction has been moderate. Although demand for TON has softened, price action shows no exceptional selling pressure linked directly to the bridge shutdown. Chart data indicates stronger buyer interest near $1.30 and resistance closer to $1.50, consistent with earlier price activity from August. There is no evidence so far that links the price drop specifically to the bridge closure—most selling occurred gradually, and the transition plan was public months ahead.
A lingering limitation for users is the presence of old tickers: the token’s main coin has been renamed to ‘Gram’, but some exchanges still display it as ‘TON’. This might cause tracking issues or confusion in price feeds. Users can verify the latest supported assets and tickers directly within their wallets and on major exchanges to avoid mistakes.
Bridge shutdowns often spark panic sales, but in this case, advance notice and alternative transfer options limited disruption. Users should confirm wrapped token status and swap timelines through official sources when handling legacy assets.
The TON bridge shutdown completed as planned, targeting only the wrapped assets and bridge-issued tokens on Ethereum and BNB Chain. User holdings of native TON on the mainnet are unaffected by this closure. With native USDT now on TON, the network saw no further use for older bridge mechanics, and the transition has been in motion since May 2025.
The shutdown demonstrates a clear shift away from legacy bridge solutions in favor of native integrations. For anyone still holding wrapped TON assets outside the mainnet, the conversion window has closed—further action now depends on exchange support rather than official bridge redemption.
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