What is Gram (prev. Toncoin) (GRAM)?

By CMC AI
28 July 2026 09:44AM (UTC+0)
TLDR

Gram (GRAM) is the native cryptocurrency of The Open Network (TON), a high-speed, scalable layer-1 blockchain deeply integrated with the Telegram messaging app.

  1. It is the utility and governance token for a blockchain originally conceived by Telegram, now developed by an independent community.

  2. The network uses a proof-of-stake model designed for ultrafast transactions and minimal fees, targeting mass adoption.

  3. Its core value proposition is enabling seamless crypto payments and services for Telegram's billion-user base.

Deep Dive

1. Purpose & Historical Evolution

Gram is the native asset of The Open Network (TON), a project with origins in Telegram's 2018 vision for a integrated blockchain. Following a 2020 settlement with the SEC, Telegram stepped back, and an independent community continued development, initially naming the token Toncoin. In June 2026, a community vote with 81.22% approval officially rebranded it back to Gram, reconnecting with its original identity and Telegram's foundational roadmap.

2. Technology & Key Differentiators

TON is a proof-of-stake layer-1 blockchain built for scale and speed. Its architecture, based on the original codebase by Telegram co-founder Nikolai Durov, enables fast block times and low transaction fees—around $0.0005 per transaction after a 2026 upgrade. This technical foundation differentiates it by prioritizing the user experience necessary for mainstream adoption, directly within a major messaging platform.

3. Ecosystem Fundamentals & Utility

Gram's primary utility is powering the TON ecosystem. It is used for transaction fees, staking to secure the network, and payments within Telegram's growing suite of mini-apps and services. The project's most significant catalyst is Telegram's plan to integrate a native, non-custodial Gram wallet for its over 1 billion users, aiming to make crypto transactions as seamless as sending a message.

Conclusion

Fundamentally, Gram is the fuel for a high-performance blockchain strategically positioned within one of the world's largest digital communities. Will Telegram's unparalleled distribution channel translate into sustained, everyday utility for the token?

CMC AI can make mistakes. Not financial advice.