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

By CMC AI
28 July 2026 09:53PM (UTC+0)
TLDR

Gram (GRAM) is the native cryptocurrency of The Open Network (TON), a high-speed, scalable layer-1 blockchain originally developed by Telegram and now driven by an independent community.

  1. Originated from Telegram's vision – Created in 2018, paused due to SEC action, and revived by developers as Toncoin before reclaiming its original Gram name in 2026.

  2. A proof-of-stake utility token – Powers transaction fees, staking, and payments across the TON blockchain, which is integrated directly with the Telegram app.

  3. Built for mass adoption – Aims to onboard Telegram's billion-plus users into Web3 through seamless, in-app crypto wallets and payments.

Deep Dive

1. Purpose & Origin Story

Gram was conceived as the native token for the Telegram Open Network (TON) in Telegram's 2018 whitepaper. After the U.S. Securities and Exchange Commission (SEC) halted the project in 2020, Telegram stepped back. An independent community of developers continued the work, rebranding the network to The Open Network (TON) and the token to Toncoin. In June 2026, a community vote passed with 81.22% support to rename the token back to Gram, reconnecting with its original identity and vision (CoinMarketCap).

2. Technology & Core Function

The TON blockchain is a proof-of-stake (PoS) layer-1 network designed for speed and scalability. Gram is its fundamental utility asset. It is used to pay for transaction fees (which were cut sixfold to ~$0.0005 in a 2026 upgrade), secure the network through staking, and serve as the settlement currency for applications and payments built on TON.

3. Key Differentiator: Telegram Integration

Gram's most distinctive feature is its deep integration with Telegram, which has over 1 billion monthly active users. The TON blockchain is built to operate within the Telegram ecosystem, supporting mini-apps and services. A major catalyst is the planned summer 2026 rollout of a native, non-custodial Gram wallet inside Telegram, promising instant, fee-free transactions for its massive user base (CoinMarketCap). This direct pipeline to a vast, existing community is central to Gram's value proposition.

Conclusion

Fundamentally, Gram is the utility token of a high-performance blockchain engineered for mass adoption through its seamless connection to Telegram. Will the integration of a native wallet successfully convert Telegram's vast user base into active participants in the TON ecosystem?

CMC AI can make mistakes. Not financial advice.