Gram (formerly Toncoin) Price Data
Gram (formerly Toncoin) (GRAM)
currently has a price of
$1.9
and is
up
2.89%
over the last 24 hours. The cryptocurrency is ranked
29
with a market cap of
$5.3B.
Over the last 24 hours, it saw
$44.8M
of trading volume. The token has a circulating supply of
2.8B
tokens out of a total supply of
5.3B
tokens.
Gram (GRAM), previously known as Toncoin (TON), is a cryptocurrency that operates on a decentralized network, utilizing blockchain technology for secure and efficient transactions. It aims to provide users with a reliable and versatile digital asset for various financial and technological applications.
Unique features of Gram:
Connection to Telegram Gram has a close relationship to the Telegram app, which makes it stand out from other cryptocurrencies. While developed separately from the app, it has been integrated into it. This gives a wide number of users access to payments with Gram in an application they're already using. Telegram announced a partnership with the TON Foundation in September 2023, bringing its non-custodial wallet called TON Space into its app. Following a community vote in June 2026, the token officially returned to its original name, Gram (GRAM).
Scalability and high transaction speed Gram is specifically designed to support an enormous number of transactions per second, making it one of the fastest blockchain networks available. With Gram's high transaction speed, users can swiftly complete their transactions, ensuring seamless and convenient user experiences. To achieve scalability, the underlying blockchain (The Open Network) implements a multi-blockchain architecture known as the "TON Multichain." This architecture allows the creation of interconnected blockchains called "shards." Each shard has its own set of validators responsible for confirming transactions within that specific shard. By distributing the workload across multiple shards, the network ensures that it can handle a significantly higher transaction volume without compromising security or performance.
The combination of scalability and high transaction speed offered by Gram brings several advantages. It enables the network to accommodate a larger user base, facilitating more users and transactions without encountering bottlenecks. This scalability is crucial for the future growth and adoption of Gram as a widely used cryptocurrency. Moreover, Gram's fast transaction speed allows for real-time transaction confirmations, making it ideal for quick transfers such as online purchases or remittances. Its high transaction speed makes Gram well-suited for applications that require instant transaction finality.
When was Gram created or founded?
Gram was originally created in 2019. It was developed by a team of enthusiasts looking to provide an alternative decentralized cryptocurrency solution. Since its creation (and its interim period operating as Toncoin), Gram has gained popularity among users looking for secure transactions and privacy. Its innovative technology and emphasis on user autonomy have made it a promising project in the cryptocurrency space. With its establishment, Gram aims to offer a secure and transparent financial ecosystem for its users.
Who are the founders of Gram?
Gram was founded by Pavel Durov and Nikolai Durov. Pavel Durov, a Russian entrepreneur and programmer, is widely recognized as the creator of the popular messaging app Telegram. His brother, Nikolai Durov, is also actively involved in the development of the underlying blockchain technology. Pavel Durov, often referred to as the "Mark Zuckerberg of Russia," has achieved remarkable success with Telegram and his other entrepreneurial ventures. With a background in computer science, he has previously been associated with various tech startups before launching Telegram. Gram initially emerged as the native cryptocurrency for the Telegram Open Network (TON), a blockchain platform designed to offer decentralized services and applications. However, the initial launch encountered regulatory obstacles, leading to the separate release of the asset as Toncoin by the TON Foundation. In 2026, the community voted to rebrand the token back to its original name, Gram. Despite past setbacks, Gram has managed to gain widespread popularity and has fostered a dedicated community of users.
