On June 15, 2026, the cryptocurrency formerly known as Toncoin officially changed its name to Gram. The ticker symbol switched from TON to GRAM, and a new logo was introduced. The blockchain itself remains named The Open Network (TON).
The rebrand passed a community vote with 81.22% support. According to project statements, the change is purely cosmetic. No token swap, migration, or user action is required. Existing holders automatically received the new name for their assets, with balances and wallet addresses unchanged.
A Name With Regulatory History
The name Gram is a return to the project’s origins. In 2018, Telegram designed a blockchain called the Telegram Open Network with a native token named Gram. The company raised approximately $1.7 billion from private investors.
In October 2019, the U.S. Securities and Exchange Commission filed an emergency action to halt the project, alleging the Gram token sale was an unregistered securities offering. The SEC obtained a preliminary injunction. In 2020, Telegram abandoned the project, returning over $1.2 billion to investors and paying an $18.5 million civil penalty.
From Telegram to the Community
After Telegram’s withdrawal, independent developers took the open-source code and relaunched the network under the name The Open Network. They deliberately renamed the token Toncoin to distance the community-run project from the Gram name and its associated legal challenges.
The Switzerland-based TON Foundation guided the network’s growth. The token climbed into the market’s upper tiers, supporting an ecosystem of apps and millions of users.
Why Reclaim Gram Now?
The 2026 rebrand signals that the project’s stewards believe the regulatory risk that forced the original name’s retirement has passed. Telegram founder Pavel Durov announced the change, stating that Gram was the original name in the first whitepaper and will “pave the way for what comes next.”
During a transition period into late June, exchanges display the asset as “Gram (prev. Toncoin).” Major venues including KuCoin and MEXC automatically converted balances. The technical fundamentals of the token remain identical to before the rename. No supply was created or destroyed, and no token economics were altered.
Based on reporting from crypto.news.