The Open Network (TON) is preparing to rename its native cryptocurrency from Toncoin back to Gram, the original name outlined in Telegram's first white paper, with nearly 80% of pledged voting power backing the rebrand proposal currently being voted on by the community. Telegram founder Pavel Durov announced the move as a return to the project's origins, stating that Gram was abandoned after the US Securities and Exchange Commission halted Telegram's $1.7 billion token sale in 2020, leading Telegram to step away and allowing the community-driven TON Foundation to continue development independently. The transition is expected to take approximately three weeks and will not require any token swap, migration, or action from holders, as the rebrand is purely a naming update with wallet addresses, balances, smart contracts, and network positions remaining unchanged.
TON Community Votes Nearly 80% in Favor of Gram Rebrand
The rebrand proposal has received overwhelming support from the TON community, with nearly 80% of pledged voting power backing the change. Pavel Durov stated that Gram was the original name of the network's currency before regulatory challenges forced a major shift in the project's direction. The name was abandoned after the US Securities and Exchange Commission halted Telegram's $1.7 billion token sale in 2020, leading Telegram to step away from the project and allowing the community-driven TON Foundation to continue development independently.
According to Durov, the announcement was made shortly after Telegram assumed a more prominent role in the ecosystem, becoming the network's primary driver and largest validator. Supporters believe the Gram brand better reflects the project's original vision and could help strengthen its identity as it enters this next phase of development.
Rebrand Requires No Token Swap or Technical Migration
According to Durov, the transition to Gram is expected to take approximately three weeks and will not require any action from token holders. The Open Network explained that there will be no token swap, migration, bridge, claim process, or conversion event. Wallet addresses, balances, smart contracts, and network positions will remain unchanged. This means that the rebrand is purely a naming update rather than a technical overhaul.
Gram Rebrand Part of Make TON Great Again Roadmap
The rebrand is part of the "Make TON Great Again" roadmap, which already included major network improvements like Catchain upgrades designed to increase throughput, lower transaction fees, and deeper integration with Telegram's ecosystem. TON plans to transform Telegram's billion-user messaging platform into a Web3-powered super app capable of supporting payments, digital ownership, mini-applications, AI agents, and decentralized services.
TON Price Climbs Approximately 5% Following Rebrand Announcement
Traders responded positively to the news. Over the past 24 hours, Toncoin climbed by approximately 5%, rising to around $2.06. The token experienced a sharp rally surging from the $1.93 range to above $2.20 before consolidating. Although some profit-taking followed the spike, TON managed to hold on to a portion of its gains.
Frequently Asked Questions
What did Pavel Durov announce about TON's rebrand?
Pavel Durov announced that The Open Network is preparing to rename its native cryptocurrency from Toncoin back to Gram, the original name outlined in Telegram's first white paper. He stated the move is a return to the project's origins, and the transition is expected to take approximately three weeks with no token swap or technical changes required.
Why was the Gram name originally abandoned by TON?
The Gram name was abandoned after the US Securities and Exchange Commission halted Telegram's $1.7 billion token sale in 2020, leading Telegram to step away from the project and allowing the community-driven TON Foundation to continue development independently.
How much voting support did the TON rebrand proposal receive?
The rebrand proposal received strong community support, with nearly 80% of pledged voting power backing the change from Toncoin to Gram.
