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<a href="https://minority-mindset.com/ton-usd/">TON</a> Surges 15% as The Open Network Eyes a Gram Rebrand

  • TON is rebranding its native token from Toncoin ($TON) to Gram (GRAM), the original name from the white paper.
  • TON remains the blockchain name while Gram becomes the native currency name only.
  • $TON surged 15% as this rebrand marks step four of Pavel Durov’s “Make TON Great Again” plan.

Today, The Open Network saw a significant market response after revealing plans to change how its main cryptocurrency is identified.

Following the announcement, the price of TON, the cryptocurrency associated with the platform, quickly rose by over 15%.

Market Reaction to the Big TON Overhaul

The market reacted instantly with a huge surge in buying, causing the price of the digital asset to jump sharply on major exchanges worldwide.

The token’s price jumped significantly, going from about $1.95 to $2.25, immediately following the news.

Traders quickly bought up the asset, seeing the news as a sign that the underlying technology platform was making a significant and positive change.

As a researcher following the TON network, I’ve observed this recent market rally as the fourth phase of what Pavel Durov has outlined as a broader plan to revitalize the project – a strategy he’s termed “Make TON Great Again.”

This 7-step plan aims to get the most value from our work, encourage widespread use by developers, and increase our presence in the market over the coming months.

At the time of writing, 1.9 million TON, or over 80%, were pledged in support of the rebrand. 

How the Native Gram Token Replaces Toncoin

As an analyst, I’ve been following the development of The Open Network (TON) closely. Recently, Pavel Durov, the founder of both Telegram and TON, shared on Telegram that ‘Gram’ was the initial name proposed for TON’s cryptocurrency back in the original white paper.

The core of this historic upgrade will be the complete change of the native digital asset moniker. 

The network is changing the name of its main cryptocurrency back to Gram, after previously calling it Toncoin.

This was a deliberate choice to return to the original vision for the project, as described in the initial white paper.

The core blockchain technology itself won’t be altered and will still be known by its original, familiar name.

The network will continue to be known as TON, and the entire global, decentralized system it’s built on will be called the TON Network.

Therefore, the Gram will function as the main currency for all transactions on the network.

Zero Friction for Users During TON Transition

Luckily, most people who invest in crypto won’t have to worry about complicated technical steps during this big change in how identities are handled.

The main development team confirmed they aren’t planning to automatically exchange old tokens for new ones, nor will they be helping users with the process individually.

Users won’t have to rely on separate services to move their funds between blockchains or manually request access to them – everything is handled automatically and securely.

However, users won’t see any changes to their account balances, wallet addresses, active smart contracts, or any investments they currently hold.

This simple change is just a new name, intended to make our brand more easily recognizable in the industry.

Therefore, anyone who currently owns this asset can safely store it in either a decentralized wallet or on a traditional exchange.

The complete switch to community governance should take around three weeks.

This comes after Telegram founder Pavel Durov linked 41 crypto kidnappings in France to data leaks.

As a researcher, I’ve found that the strong voter turnout really shows how much faith the community has in the exciting changes coming for this brand. It’s clear they believe in its future.

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2026-06-02 16:15