Gram (prev. Toncoin)GRAM

Gram (GRAM), formerly known as Toncoin (TON), is the native coin of The Open Network, a layer-1 blockchain that began as a project of the Telegram founders Pavel and Nikolai Durov. The token was renamed from Toncoin to Gram on June 15, 2026, after a community governance vote, and its ticker changed from TON to GRAM. The rename did not require any swap or migration. The blockchain itself keeps the name The Open Network, or TON.

Telegram announced the Telegram Open Network in 2018 and raised about $1.7 billion in a private sale of a token called Gram. In October 2019, the US Securities and Exchange Commission took legal action against Telegram over that sale, and in May 2020 Telegram abandoned the project. The code was open source, and an independent community continued to develop it as The Open Network, with a coin named Toncoin. Telegram later returned to the ecosystem, adding a wallet based on the network to its app in 2023, and in June 2026 Pavel Durov announced the return of the original Gram name.

The Open Network is a proof-of-stake blockchain. Validators stake the network's coin to take part in producing blocks, and holders can take part in staking through pools. It uses dynamic sharding, which splits the network into parts that process transactions in parallel, so it can scale as activity grows.

Gram is used to pay transaction fees, to stake and to vote on governance. The network's most visible feature is its link to Telegram. Wallets and Mini Apps, which are small web apps that run inside the messenger, let Telegram users send payments and use applications built on the network.

Developers build wallets, games, payment tools, DeFi applications and Telegram Mini Apps on The Open Network. The network also hosts stablecoins, and Tether's USDT0 system has brought an omnichain version of Tether Gold to it.

Gram does not have a fixed maximum supply. New coins are issued as validator rewards, and the current circulating and total supply figures are shown at the top of this page. The 2026 rename did not change the supply or the way the token works.

The coin now called Gram traded as Toncoin until June 2026. Its price rose sharply after Telegram integrated the network in 2023 and 2024, and it reached an all-time high above $8 in June 2024. You can see the all-time high and the full price history on the chart above.

Cointelegraph's Gram price index gives you the current GRAM to USD price and the numbers behind it: market cap, 24-hour volume, all-time high and year-to-date performance. Explore the price chart across six timeframes and use the converter for quick calculations. The price history on this page includes the period when the coin traded as Toncoin. For market updates, see our markets news page.