Toncoin is rebranding to Gram, its original name, as Telegram took the reins of The Open Network and eyes a Web3 super app future.

TON's native crypto will be renamed Gram, Pavel Durov said. The rebrand revives the blockchain's original vision as TON surged 9%.

Pavel Durov announces Telegram will rebrand TON coin to GRAM, replace the TON Foundation, and become the blockchain's largest validator. Toncoin surged 23-36%.

Pavel Durov renames TON's native token from Toncoin to Gram, reviving the 2018 whitepaper name the SEC blocked. The token rose as much as 19%.

The Gram rebrand follows network upgrades, fee cuts, and Telegram's push for a larger role in TON governance.

Telegram is taking the reins of The Open Network, years after abandoning the project—and it plans to adopt Toncoin's originally planned name.

Toncoin is rebranding to Gram, its original name, as Telegram took the reins of The Open Network and eyes a Web3 super app future.

Toncoin (CRYPTO: TON) rallied on Monday after Telegram founder Pavel Durov announced that the ecosystem's native token would be renamed from TON to its original name, Gram.