I'm adding $GRAM to my portfolio and here's the reasoning behind it.
For anyone who missed the news, GRAM is the new name of Toncoin. The community approved the rebrand in June with over 81% support and the ticker changed from TON to GRAM on June 15. The network is still The Open Network. There is no swap or migration, so any site asking you to claim or convert tokens is a scam.
The main driver for me is Telegram's direct involvement. Telegram is now the largest validator on the network and Pavel Durov is rolling out a native non-custodial Gram wallet to the app's 1B+ users. Early numbers are encouraging: more than 700K self-custodial wallets were created in 48 hours and Telegram wallets processed over 675K transactions on November 9, up 59% in a single day.
There is also institutional exposure. TON Strategy (TONX), listed on Nasdaq, holds roughly 235M GRAM, nearly all of it staked. Together with staking, instant transfers and a built-in wallet, GRAM has a clear utility story. The price also sits well below its previous highs.
That said, it has not been an easy month for holders and wallet growth has not yet translated into price. I'm scaling in gradually and keeping my risk defined rather than committing everything at once.
If GRAM is on your radar, I'd encourage you to do your own research and size your position responsibly.
Not financial advice. DYOR.
#TonChain
For anyone who missed the news, GRAM is the new name of Toncoin. The community approved the rebrand in June with over 81% support and the ticker changed from TON to GRAM on June 15. The network is still The Open Network. There is no swap or migration, so any site asking you to claim or convert tokens is a scam.
The main driver for me is Telegram's direct involvement. Telegram is now the largest validator on the network and Pavel Durov is rolling out a native non-custodial Gram wallet to the app's 1B+ users. Early numbers are encouraging: more than 700K self-custodial wallets were created in 48 hours and Telegram wallets processed over 675K transactions on November 9, up 59% in a single day.
There is also institutional exposure. TON Strategy (TONX), listed on Nasdaq, holds roughly 235M GRAM, nearly all of it staked. Together with staking, instant transfers and a built-in wallet, GRAM has a clear utility story. The price also sits well below its previous highs.
That said, it has not been an easy month for holders and wallet growth has not yet translated into price. I'm scaling in gradually and keeping my risk defined rather than committing everything at once.
If GRAM is on your radar, I'd encourage you to do your own research and size your position responsibly.
Not financial advice. DYOR.
#TonChain
