TON Bridge Shutdown Looms: September 1 Deadline for Wrapped TON and j-tokens

The TON Bridge, which connects Toncoin with Ethereum and BNB Smart Chain, will shut down on September 1, 2026. This means that any Wrapped TON or j-tokens held on these chains must be moved back to their respective networks by the deadline.

Wrapped TON is a proxy token created when native Toncoin is sent over the bridge to Ethereum or BNB Smart Chain. Similarly, j-tokens are stablecoins and other Ethereum tokens that were brought over to TON via the same bridge. Holders of these tokens must move them back to their original networks before the shutdown date.

The shutdown will not affect the TON network itself or native Toncoin wallets. However, it will impact holders who have Wrapped TON or j-tokens on Ethereum and BNB Smart Chain. According to an analysis by cryptoticker.io, there are approximately 11.5 million tokens still sitting in wrapped form on these chains.

Holders can move their Wrapped TON back to the TON network using a return swap over the bridge. The procedure involves connecting the wallet holding the wrapped tokens, selecting the source chain and target chain, entering the destination address, and confirming the transfer. However, it's essential to ensure that the destination address is correct and has sufficient funds for network fees.

The shutdown of the TON Bridge may not be a surprise event, but its impact on holders who have not taken action yet could be significant. It's crucial for affected individuals to move their tokens back to their original networks before the deadline to avoid losing access to them.