Telegram founder Pavel Durov revealed that the TON blockchain's native token is planned to be issued from...ToncoinThe company has been renamed GRAM, and community voting has begun. Driven by the news, TON surged nearly 20% intraday on June 1st, reaching $2.27, significantly outperforming the overall crypto market that day.
On that day, Bitcoin and many other mainstream tokens generally weakened, while TON bucked the trend and rose. Market attention was mainly focused on two things: first, the token name would revert to "Gram" as it appeared in TON's early white paper; and second, Telegram planned to assume a deeper operational role within the TON network.
The renaming plan has entered the voting stage.
Durov stated that "Gram" was the token name used in the original TON white paper, and this change is described as a "return to basics." According to the disclosure, the renaming is expected to be completed within the next three weeks, and community voting is currently underway.
This name had previously been abandoned due to regulatory pressure from the U.S. Securities and Exchange Commission. Its reinstatement signifies Telegram's attempt to reconnect TON's historical narrative with its current ecosystem.
Telegram plans to deepen online participation.
The name change is not an isolated action. According to Telegram's recently released "Make TON Great Again" roadmap, the platform also plans to further participate in the operation of the TON network, including becoming a primary validator of the network.
This arrangement has sparked market concerns about cybersecurity, governance structure, and on-chain activity. Supporters believe that Telegram's deeper involvement will likely strengthen the connection between TON and its vast user base, expanding the token's use in in-app payments, service integration, and developer integration.
- The token name is proposed to be changed from Toncoin to GRAM.
- Community voting has begun and is expected to be completed within three weeks.
- Telegram plans to become a primary validator for TON.
Cryptocurrency prices defy the trend and strengthen.
The market interpreted this adjustment as a signal of a further tightening of the relationship between Telegram and TON, which is also the main reason why TON continued to rise despite the overall market pressure. The article mentions that Telegram's global user base has exceeded 950 million, leading to higher market expectations for token distribution and expanded use cases.
However, the latter part of the original article, discussing RSI, MACD, and specific resistance and support levels, is more of a short-term technical analysis. From a news perspective, two follow-up developments are more noteworthy: the community voting results and whether Telegram will proceed with its planned deeper online engagement.
If these two arrangements are implemented, the bond between the TON ecosystem and the Telegram platform may continue to strengthen, and the token name change will not only be a brand update, but also a clearer signal of ecosystem restructuring.
