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GRAM — Gram
The chain behind a large messenger, through which money can be sent directly in the chat.
What it is for
- Set out to
- A chain developed by Telegram for payments and applications in the messenger.
- Today in addition
- Renamed from Toncoin to Gram in June 2026; payment for Telegram Premium, Stars and advertising payouts.
- Notable
- The only chain embedded directly in a messenger with more than a billion users.
- Strength
- Built-in access to Telegram.
- Weakness
- Dependence on a single company.
Contract address
The Open Network — its own chain, no contract.
The asset is the currency of its own chain and does not sit as a token on someone else’s. An empty field here would stand for a missing figure — but nothing is missing.
Score
40of 93
Market capitalization
$3.67Bas stored
against Bitcoin, 90 days
—not against the dollar
CoinMarketCap
#11419numeric identifier
This asset is not in the sector barometer.
The four cycles
Measured on daily closing prices, never on daily highs or lows. The cycle boundaries are Bitcoin’s own highest and lowest daily closes: January 14, 2015, December 16, 2017, December 15, 2018, November 8, 2021, November 21, 2022, October 6, 2025 and the current low on June 30, 2026. A day counts only if at least ten thousand dollars were traded on it. The price against Bitcoin is given in satoshi — one satoshi is one hundred-millionth of a bitcoin.
| Cycle | Lowest daily close | Highest daily close | Rise low → high | Fall high → low |
|---|
| 2015 to 2017January 14, 2015 to December 16, 2017 | did not yet exist |
| 2018 to 2021December 15, 2018 to November 8, 2021 | existed, but not measurable — reliable exchange days only from October 11, 2024 |
| 2022 to 2025November 21, 2022 to October 6, 2025 | $2.523,210 satMarch 10, 2025 | $6.906,991 satDecember 4, 2024 | in dollars +$1.58 (+62.9%)against Bitcoin +55.0%from $2.52 on March 10, 2025 to $4.11 on March 31, 2025 | in dollars -$4.38 (-63.5%)against Bitcoin -54.1%from $6.90 on December 4, 2024 to $2.52 on March 10, 2025 |
Only partly measured: reliable trading only from October 12, 2024. What lay before that in the window is not recorded; the figures above are the endpoints of the measured part, not those of the whole cycle. |
| Year by year |
| 2024: in dollars +4.1% (from $5.27 to $5.49) · against Bitcoin -29.5% |
| 2025: in dollars -48.1% (from $5.51 to $2.86) · against Bitcoin -60.7% |
| since 2026, ongoingJune 30, 2026 to September 17, 2026 | $1.322,029 satAugust 9, 2026 | $1.782,781 satJuly 6, 2026 | in dollars +$0.1770 (+13.4%)against Bitcoin -6.1%from $1.32 on August 9, 2026 to $1.49 on August 21, 2026 | in dollars -$0.4640 (-26.1%)against Bitcoin -27.0%from $1.78 on July 6, 2026 to $1.32 on August 9, 2026 |
| Year by year |
| 2026: in dollars -11.2% (from $1.51 to $1.34) · against Bitcoin -31.9% |
If the high of a window comes before the low, the rise is calculated from the low to the next interim high within the same window.
The four questions that are always answered
Net supply and issuance pressure6 of 20
Starting valuation and size leverage3 of 14
Survivability8 of 12
Relative strength against Bitcoin2 of 6
11 of the twelve criteria collected individually, nothing extrapolated. What the twelve questions measure and what has been corrected about the measurement is on the method page.
The remaining criteria are not recorded individually for this asset; the total comes from the assessment of September 5, 2026.
For User growth per valuation it says “not determined” – that does not count.
The figures in detail
Price, as stored$1.32
against Bitcoin, 7 days—
against Bitcoin, 30 days—
listed on CoinMarketCap sinceAugust 2021
Age since listingnot researched
Fees relative to valuationnot determined
Supply still lockednot researched
hard supply capnot researched
Carried by Nexocarried
Trading venues of 15 checked12 of 15
The fifteen largest centralized exchanges by the CoinMarketCap ranking were counted, as of September 5, 2026. Decentralized exchanges do not count. Bybit is not included in any figure, because the venue was not reachable through sixteen address forms. Which five venues are the best for each asset has not been collected yet.
Finding
At Coinbase and Kraken the asset is still called TON. No supply cap, remaining unlock 46.99 percent. On May 5, 2026 Telegram replaced the TON Foundation as primary administrator and became the largest validator of the network; a single listed holder controls around thirty-five percent of the stake. The core contradiction: Telegram has more than a billion monthly users, the network 2.19 million monthly active wallets. The only asset of the run below one million dollars of bid depth.
Investors and partners: not researched — awards no points, because projects with large backers did not perform better.
Nexo: Carried by Nexo — purchase page documented on September 1, 2026.
No investment advice, no price forecast, no buy or sell recommendation. A high score does not mean “will rise”. It means the asset scores better on these questions than the others.