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#TON原生代币更名为Gram TON rises 15%, opens network plan renamed to Gram
Telegram founder Pavel Durov states the company is "returning to its roots—opening a new chapter," rebranding Toncoin as Gram. Open Network announced that it plans to rename its Toncoin (TON) token to Gram (GRAM), which was the original name of the cryptocurrency in its first white paper.
Telegram and TON founder Pavel Durov posted on Telegram on Monday: "Gram is the original name of the TON currency, from the first white paper." "We are returning to our roots—opening a new chapter." He added that this brand reshaping will "pave the way for future development," with the transition taking approximately three weeks. This change restores the original token name from the 2018 white paper of TON, after Telegram abandoned the name following the SEC's阻止其 1.7B美元的首次代幣發行（ICO） in 2020.
This move comes shortly after Telegram took over from the TON Foundation in May, becoming the main driver and largest validator of the network. Open Network conducted a vote on the proposal on Monday, explaining that there will be no swap, migration, bridging, claims, or conversions, and all balances, addresses, contracts, and positions will remain unchanged. As of writing, 1.8 million tokens, about 80%, have committed to supporting the rebranding.
Durov positioned this token reshaping as part of the "Make TON Great Again" roadmap. The rebranding is the fourth phase of the roadmap, with the first three phases completed earlier this year, including an April upgrade of Catchain to improve blockchain speed, reduce transaction fees, and take over Telegram. TON stated: "These changes mark a milestone for the network—and are a natural time to refresh the token's public perception." The ultimate goal is to create a seamless Web3 "super app" experience for its one billion users within Telegram, transforming Messenger into a platform for global payments, mini-apps, digital ownership, AI agents, and more.
TON's price reacted strongly to the announcement, surging over 15% in Monday evening trading, rising from about $1.95 to over $2.25.
According to CoinGecko, the token retreated to $2.07 on Tuesday morning, down 75% from its all-time high of $8.25 in June 2024.
Telegram founder Pavel Durov stated that the company is “returning to its roots—opening a new chapter,” rebranding Toncoin as Gram. The open network announced plans to rename its Toncoin (TON) token to Gram (GRAM), which was the original name of the cryptocurrency in its first white paper.
Telegram and TON founder Pavel Durov posted on Telegram on Monday: “Gram is the original name of the TON currency, from the first white paper.” “We are returning to our roots—opening a new chapter.” He added that this rebranding will “pave the way for future development,” with the transition taking approximately three weeks. This change restores the original token name from the 2018 white paper, after Telegram abandoned it following the U.S. Securities and Exchange Commission blocking its $1.7 billion initial coin offering (ICO) in 2020.
The move comes shortly after Telegram took over the TON Foundation in May, becoming the main driver and largest validator of the network. The open network voted on the proposal on Monday, explaining that there will be no swap, migration, bridging, claims, or conversions, and all balances, addresses, contracts, and positions will remain unchanged. At the time of writing, the number of supporters for the rebranding stood at 1.8 million, about 80%.
Durov positioned this token rebranding as part of the “Make TON Great Again” roadmap. The rebranding is the fourth phase of the roadmap, with the first three phases completed earlier this year, including the April upgrade of Catchain to improve blockchain speed, reduce transaction fees, and take over Telegram. TON stated: “These changes mark a milestone for the network—and are a natural time to refresh the token’s public perception.” The ultimate goal is to create a seamless Web3 “super app” experience for its one billion users within Telegram, transforming Messenger into a platform for global payments, mini-apps, digital ownership, AI agents, and more. TON’s price reacted strongly to the announcement, surging over 15% in Monday’s evening session, rising from about $1.95 to over $2.25.
According to CoinGecko, the token retreated to $2.07 on Tuesday morning, down 75% from its all-time high of $8.25 in June 2024.