TON jumps 15% as The Open Network plans rebrand to Gram

CoinTelegraph4h agoUpdated 3h ago
TON jumps 15% as The Open Network plans rebrand to Gram
Smart Read

Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram....

Key takeaways

  • 1TON token rebranding to Gram with 15% price jump to $2.25, reverting to original 2018 whitepaper name.
  • 2Transition takes three weeks with no swap required; all balances and addresses remain unchanged during rebrand.
  • 3Telegram now primary driver of TON network, aiming to build Web3 super app for one billion users.

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Why it matters

For Indian retail investors, TON's rebrand signals renewed momentum under Telegram's control and positions crypto payments within a billion-user platform, potentially increasing adoption in India's growing digital payment ecosystem. The rebranding also marks Telegram's pivot toward Web3 integration, which could impact how Indians access decentralized services through messaging apps.

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