announcement<\/a> triggered a sharp market move on June 1. TON climbed 18.75% over 24 hours to $2.19, as traders responded to the return of the Gram identity and Telegram\u2019s growing role in the ecosystem. Durov said the renaming process should take about three weeks.<\/p>\nNo token swap will be required. Durov said user balances, staking positions, and network activity will remain unchanged during the process. The update is therefore a brand change rather than a technical migration.<\/p>\n
Gram name returns after years away<\/h2>\n
The Gram name carries a long history for Telegram\u2019s blockchain project. Telegram first introduced Gram during its original blockchain initiative, which attracted significant investor interest before it ran into legal trouble in the United States.<\/p>\n
The U.S. Securities and Exchange Commission challenged the project in 2020, and Telegram later stepped back from direct control of the network. After that dispute, community developers continued building the blockchain under the TON name.<\/p>\n
Durov\u2019s latest announcement brings the currency back to the name used before the regulatory dispute. However, he said the blockchain itself will continue to use TON, maintaining a clear split between the network and the token.<\/p>\n
<\/p>\n
Telegram Deepens Its Blockchain Push<\/h2>\n
The rebrand comes as Telegram increases its involvement with TON-linked products and infrastructure. Durov has described the effort as part of a campaign called \u201cMake TON Great Again,\u201d which he said includes more ecosystem changes.<\/p>\n
Network fees have also been reduced, while infrastructure updates have been introduced across the TON ecosystem. Telegram has continued to add blockchain-based features to its products, strengthening the network\u2019s connection to the messaging platform\u2019s large user base.<\/p>\n
The return of Gram also gives Telegram and TON a simpler naming structure. Several major blockchain networks use one name for the chain and another for the currency, and Durov\u2019s announcement places TON closer to that model.<\/p>\n
<\/p>\n
The token\u2019s 18.75% gain indicated a rapid response from traders following Durov\u2019s statement. TON traded at $2.19 after the announcement, with market activity centered on the restored Gram name and Telegram\u2019s role in the network\u2019s future.<\/p>\n
Durov did not describe the rebrand as a token relaunch. He said the change will not affect ownership records, staking, or network operations, which may help limit confusion among current holders.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
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