Pavel Durov Rebrands TON Coin to GRAM: Price Rallies 10% on Full Circle Return

Source Beincrypto

Pavel Durov has officially announced that TON’s native currency is becoming Gram, marking a nostalgic yet forward-looking shift for the Telegram-integrated blockchain.

The move revives the original 2018 name from Telegram’s first whitepaper, signaling deeper integration and a new chapter for the project.

Roots and Revival

Gram was the token name during Telegram’s initial TON (Telegram Open Network) push, which raised $1.7 billion before the SEC intervened in 2020.

Telegram abandoned the project, refunded investors, and open-sourced the code. The community relaunched it as Toncoin (TON) under the TON Foundation.

Durov’s announcement positions this rebrand as a return to roots while advancing Telegram’s control.

“We’re returning to our roots — and starting a new chapter,” the post states.

Follow us on X to get the latest news as it happens

TON remains the blockchain’s name; only the currency rebrands to Gram (GRAM). No token swap or technical changes affect balances, staking, or DeFi.

Timeline and Roadmap Context

The transition will take around three weeks. This is step 4 of 7 in Durov’s “Make TON Great Again” (MTONGA) roadmap.

Earlier steps included major upgrades: Catchain 2.0 for sub-second finality, fee reductions by 6x to near-zero, and Telegram becoming TON’s largest validator with millions of TON staked.

TON previously surged 23-100%+ following Durov’s May takeover announcements, climbing from approximately $1.30 to peaks near $2.80 amid massive volume and staking inflows.

Toncoin (TON) Price PerformanceToncoin (TON) Price Performance. Source: BeInCrypto

The Gram rebrand adds symbolic weight and potential branding clarity for Telegram’s approximately 1 billion users, boosting utility in Mini Apps, payments, and creator tools.

With Telegram driving development, expect enhanced developer tools, a revamped ton.org, TON Pay upgrades, and Bitcoin liquidity bridges in coming weeks.

The rebrand paves the way for mainstream adoption, positioning Gram as everyday crypto inside the world’s leading messaging app.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Price Forecast: BTC risks losing $70,000 as AI and chip rally steal the spotlightBitcoin (BTC) edges below $73,000 at press time on Monday, extending its decline under the prevailing downside pressure from three consecutive weeks of losses.
Author  FXStreet
6 hours ago
Bitcoin (BTC) edges below $73,000 at press time on Monday, extending its decline under the prevailing downside pressure from three consecutive weeks of losses.
placeholder
Fed’s Powell says credibility lost if President can fire officialsFormer Federal Reserve (Fed) Chair Jerome Powell said the US central bank would damage public trust that’s required to support a strong and stable economy if any president were free to dismiss Fed officials over policy disagreements, Bloomberg reported on Monday.
Author  FXStreet
16 hours ago
Former Federal Reserve (Fed) Chair Jerome Powell said the US central bank would damage public trust that’s required to support a strong and stable economy if any president were free to dismiss Fed officials over policy disagreements, Bloomberg reported on Monday.
placeholder
Forex Today: Yet to be confirmed US-Iran MOU caps US Dollar's upsideHere is what you need to know on Friday, May 29:
Author  FXStreet
May 29, Fri
Here is what you need to know on Friday, May 29:
placeholder
How Trumponomics Influenced Oil Price Volatility in the Iran War Understand how the Strait of Hormuz shock moved markets, and what CFD traders watched next.
Author  Rachel Weiss
May 29, Fri
Understand how the Strait of Hormuz shock moved markets, and what CFD traders watched next.
placeholder
Finding The Best Japan Stocks to Buy? These are Top Japanese Companies to Watch Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
Author  Mitrade
May 29, Fri
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
goTop
quote