48 hours, 700,000 new wallets—all on Telegram.

Pavel Durov said in a post on X that more than 700,000 self-custodial wallets were created on the platform over the past 48 hours. According to him, wallets are activated automatically when users receive Gram tokens, and adoption is growing rapidly.

· 700,000 is the number of wallets created, not the number of active wallets; the two should not be conflated.
· “Adoption momentum continues” is Durov’s own assessment, not an independently verifiable metric.

Would you rather see active retention among these wallets, or the scale of Gram’s distribution?