The cryptocurrency toncoin (TON) will probably be renamed gram (GRAM), as introduced at this time, June 1, 2026, by Telegram founder Pavel Durov. This identification modification will apply completely to the crypto asset, whereas the community the place it lives will preserve intact the official title of The Open Community (TON).
By a message on his Telegram channel, Durov stated that The concept is to return “to its roots” and begin “a brand new chapter”along with making certain that “this variation of picture will pave the way in which for what comes subsequent.”
It’s projected that the definitive alternative of the title will take three weeks for its full implementation within the markets.
The title change report shot up the worth of the cryptocurrency 13% within the final 24 hours. The digital asset reacted instantly within the markets and went from being quoted from $1.93 to $2.2 per unit.
The change rescues the title of the cryptocurrency that was initially issued via a personal preliminary coin providing (ICO) in 2018. This undertaking had subsequent regulatory conflicts, which slowed the launch of gram, as reported by CriptoNoticias.
This transformation represents the fourth step of a complete of seven phases contemplated in Durov’s strategic plan. The roadmap, formally titled by the founder as “Make TON Nice Once more” (MTONGA), seeks to deeply restructure the technical and operational elements of this infrastructure.
Beforehand, the plan superior with three key phases that Durov himself introduced on April 9. Step one consisted of the Catchain 2.0 consensus replace, accomplished on April 10, 2026, which optimized central transaction processing.
This enchancment decreased block era occasions from 2.5 seconds to 400 milliseconds, rising the general velocity of the community by ten occasions. Subsequently, the second step accomplished the discount of transaction charges to a set price of 0.00039 TON for every executed commerce.
Likewise, the third section decided that the Telegram company would substitute the TON Basis as the primary working engine of the community. On this manner, the messaging software formally turned the biggest validator by quantity of funds blocked as a safety assure.
