#telegram Community Insights & Market Sentiment

Hey everyone, today let’s talk about TON—the star public blockchain backed by Telegram. It recently even changed its name, so let’s break down what’s going on.

First, a look at the market. TON is currently around $1.25, with a market cap of $3.1 billion, ranking around 30th by market cap. It’s basically flat over the past 24 hours, but it’s down 27% year to date, so the overall trend is still downward.

1. First, the name change

TON recently officially renamed its token GRAM, echoing the original vision of Telegram’s founder. The name change itself doesn’t alter the fundamentals, but it does show that the project is reworking its brand narrative.

That said, the name change has limited impact on the price. The market is more focused on whether the ecosystem can take off.

2. TON’s biggest advantage: Telegram

TON has one core advantage: it’s backed by Telegram, a super app with 900 million users. In theory, TON is the public blockchain closest to mainstream users. Mini apps, mini-games, and payment features within Telegram could all run directly on TON.

That’s the kind of potential other public blockchains can only envy. The problem for now is that while the user base is huge, on-chain activity is fairly modest, and conversion hasn’t taken off yet.

3. The state of the ecosystem

TON’s ecosystem mainly consists of mini-app games, social apps, and payment projects. The Telegram mini-game craze that took off for a while brought in a wave of users, but once the hype died down, retention became a challenge.

TON now needs to make a breakthrough in payments and stablecoins. If it can use Telegram’s reach to get payment use cases up and running, that would be a big story.

4. Risks to keep in mind

First, TON’s performance over the past year has been disappointing. It’s down 27% YTD, suggesting that market expectations are cooling.

Second, Telegram’s founder was previously arrested, and regulatory risk remains a sword hanging over the project.

Third, after the renaming to GRAM, the token will need to build recognition all over again, which could cause some confusion in the short term.

My take

TON is a project with “huge potential, but a slow payoff.” Its pool of 900 million users is real, but the public blockchain is still working through its cold-start phase.

At $1.25, it may be worth keeping an eye on for those with a long-term outlook, but don’t expect a short-term breakout. Its story won’t play out until the Telegram ecosystem really gets going.

Do you think TON can make a comeback with Telegram? Is the GRAM renaming bullish or bearish? Let’s discuss in the comments.

$TON #TON #Telegram #PublicBlockchain

Gram News

See translation

Telegram No Longer Opens Owner's Profile from Gift Links

On the gift page, it now simply says "Pavel Durov" — without an avatar or a link, and it's no longer clear whose account it is.

#Telegram

Felipe Brayner:

Mais uma atualização do Telegram a focar-se na privacidade e na proteção dos dados dos utilizadores! Ocultar o link direto para a conta do proprietário evita a exposição desnecessária de perfis e reduz tentativas de engenharia social/phishing. Excelente mudança por parte da equipa do Durov! SIGA ME 🇧🇷!

telegram

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