Gram (prev. Toncoin)
$1.33
-0.3%(24h)30d
Today
-0.3%
30 Days
-10.2%
Price Change (24h)
-$0.003467
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ETH$2,650+1.80%
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SOL$95.00+3.20%BTC$43,500+2.50%ETH$2,650+1.80%USDT$1.00+0.00%BNB$320-0.50%XRP$0.5200-1.20%SOL$95.00+3.20%Today
-0.3%
30 Days
-10.2%
Price Change (24h)
-$0.003467
GRAM
13.30
Gram (Toncoin) serves as the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain. Open-sourced TON benefits from numerous network contributors including the Switzerland-based non-profit TON Foundation. From 2017, Telegram developers constructed blockchain codebase for Telegram Open Network (TON) featuring Gram cryptocurrency. Following May 2020 SEC court orders, Telegram founder Pavel Durov announced TON project conclusion, with Gram never issued. Since 2020, independent developers and blockchain enthusiasts advanced the technology. The non-profit TON Foundation leads these efforts. The blockchain renamed to The Open Network with Toncoin becoming the native cryptocurrency. The whitepaper incorporates Dr. Nikolai Durov's original code, Pavel Durov's co-founder brother. Toncoin employs proof-of-stake consensus for network scalability and reliability. TON Foundation's vision targets empowering 500 million users to own digital identity, data, and assets by 2028 by developing a Telegram Messenger Web3 ecosystem.
The Open Network (TON) is open-source and decentralized. Anatoliy Makosov and Kirill Emelianenko founded the TON Foundation, which launched and developed The Open Network (TON).
TON features multi-level structure based on sharding principles (describable as a blockchain of blockchains). TON's sharding implementation uses multiple subnets (shards) on a single blockchain, each serving specific purposes. This architecture prevents unverified block accumulation and substantially accelerates task completion. Sharding technology permits TON effective, efficient scaling—theoretically supporting near-limitless simultaneous ultra-fast transactions. TON's cheap, fast transaction capability explains Telegram's endorsement as official Web3 infrastructure. Telegram and TON Foundation plan integration and promotion of TON-based Web3 ecosystem in Telegram with goals to onboard 30% of Telegram users to TON by 2028. Telegram's blockchain commitment provides worldwide developers and merchants unmatched Web3-familiar user audience access. This access enabled best-in-class cryptocurrency payments development. Wallet, a TON-based Telegram-integrated platform, facilitates instantaneous P2P transactions and borderless merchant payments within Telegram. Wallet's recent USDT payment announcement with Telegram, Tether, and TON Foundation enables low-cost USDT payments, making cryptocurrency texting-simple. TON additionally provides: TON Storage (private owner wallet key encryption), TON Proxy (decentralized VPN blockchain access), and TON DNS (traditional website TON network operation, enabling readable name settings).
TON network features Toncoin with 3.47B circulating supply and 5B maximum supply. Toncoin functions as an ecosystem dApp utility token fueling dApp development with Toncoin paying transaction processing and cross-chain fees. Staking payments secure the blockchain. Uses include decentralized data storage, TON DNS/TON Proxy payment, and other TON-based decentralized service fees. Validator compensation uses TON.
The network utilizes proof-of-stake (PoS) consensus for transaction validation. Validator rewards distribute in Toncoin. Nominators provide tokens to validators and receive compensation. Smart contracts manage validators and nominators, providing additional network protection. Smart contract execution uses TON Virtual Machine (TVM).
Toncoin (TON) lists on numerous crypto exchanges: Huobi Global, KuCoin, Uniswap (V3), Gate.io, OKX, LBank, MEXC, EXMO, CoinEx, Biswap, BitMart, Nomiswap, BitoPro, ACE, DigiFinex, Tidex, Unocoin, Bit.com, BingX, Bybit, and HitBTC. CoinMarketCap offers comprehensive tokenomics guidance.
Exchange data unavailable.
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