Key facts
- Toncoin is rebranding to its original name, Gram.
- Telegram founder Pavel Durov announced the rebranding.
- The TON blockchain network will retain its name.
- No user action is required for the token transition.
- Toncoin's price increased by approximately 11% to over $2.30.
The rebranding of Toncoin to Gram, its original name from a 2018 whitepaper, signifies a return to the project's roots. Announced by Telegram founder Pavel Durov, this move aims to prepare the ecosystem for its next phase. The TON blockchain will keep its name, and the token transition requires no action from users, with existing balances remaining unchanged. The rebranding is described as more than marketing and a return to the network's roots, framing it as 'step 4 of 7 to Make TON Great Again', referring to a broader roadmap.