What Is Gram (GRAM)?
Gram (GRAM) is the rebranded name of Toncoin (TON), the native cryptocurrency of The Open Network blockchain, following a community governance vote in June 2026.
The rebrand changed the cryptocurrency's name from Toncoin to Gram and its ticker from TON to GRAM. The underlying blockchain remains The Open Network (TON). Existing balances, wallet addresses, smart contracts and staking positions were not changed as part of the rebrand.
GRAM is used to pay blockchain transaction fees, execute smart contracts, participate in staking and transfer value across the TON network.
What Is The Open Network (TON)?
The Open Network, commonly referred to as TON, is an open-source Layer 1 blockchain that uses a proof-of-stake consensus mechanism. Its infrastructure supports cryptocurrency transfers, smart contracts and decentralized applications.
TON was originally developed by the Telegram team under the name Telegram Open Network. Development began in 2017, and the original project planned to use a cryptocurrency called Gram.
Telegram ended its involvement with the blockchain project in May 2020 following legal proceedings involving the U.S. Securities and Exchange Commission. The original Gram cryptocurrency associated with Telegram's planned token offering was not launched.
After Telegram withdrew from the project, independent developers continued working with the open-source TON code. The network was subsequently renamed from Telegram Open Network to The Open Network, while its native cryptocurrency became known as Toncoin. In June 2026, Toncoin was renamed Gram following the community vote.
The Open Network Foundation is a non-profit organization based in Zug, Switzerland, that supports development and initiatives within the TON ecosystem. The foundation is one contributor to the open-source network and does not operate TON as a centralized blockchain.
GRAM functions as the native currency of The Open Network. Network users pay fees in GRAM when sending transactions, executing smart contracts, storing contract data and using network resources.
Gram is also used in TON's proof-of-stake system. Validators stake GRAM to participate in transaction validation and block production. Validators can receive GRAM rewards for participating in the network's consensus process.
GRAM can also be transferred between TON addresses and used by applications that support the network's native cryptocurrency. Smart contracts on TON are executed through the TON Virtual Machine, or TVM.
At the time of writing, approximately 2.78 billion GRAM are reported as circulating supply. The reported total supply of Gram is approximately 5.24 billion GRAM.
GRAM is listed on Binance for trade and purchase. The current price of GRAM is available and updated in real-time on Binance.