Gram (prev. Toncoin) (GRAM)

What is Gram (prev. Toncoin)?

Gram (prev. Toncoin) is the native cryptocurrency of The Open Network, functioning as a layer-1 smart contract platform within the digital asset market. The network officially launched in the year 2021, building upon the original foundation established by its founder Nikolai Durov. Operating on a proof-of-stake consensus mechanism, the blockchain relies on network participants to secure operations and process data efficiently. The primary use cases for the token involve executing smart contracts and facilitating decentralized applications across the broader network infrastructure. Currently, the project maintains a distinct position in the cryptocurrency landscape, ranking twenty-first by market capitalization while supporting ongoing Telegram ecosystem integration efforts.

How does Gram (prev. Toncoin) work?

Gram (prev. Toncoin) operates using a proof-of-stake consensus mechanism to maintain network security and validate data. This system requires participants to lock up their tokens as collateral rather than expending computational energy. By utilizing this specific consensus model, the layer-1 blockchain achieves operational efficiency while processing various digital operations.

Network participants known as validators play a central role in maintaining the overall integrity of the system. These validators are responsible for verifying new blocks and ensuring that all network rules are followed correctly. Other node operators support the infrastructure by broadcasting information and keeping the decentralized ledger updated continuously.

When a user initiates a transfer, the transaction data is broadcast to the active validator nodes immediately. The validators then review the transaction details to confirm that the sender has sufficient funds available. Once the verification process concludes, the transaction is permanently settled and recorded on the public blockchain.

Gram (prev. Toncoin) use cases

Gram (prev. Toncoin) tokenomics

The tokenomics of Gram (prev. Toncoin) are defined by a circulating supply of 2760311698.00258 tokens, with no established maximum supply limit. Because the max supply is not capped, the network operates with an inflationary issuance model where new tokens are generated continuously over time. This ongoing issuance is directly tied to the proof-of-stake consensus mechanism, which requires network validators to participate in securing the blockchain. In exchange for their operational efforts, these validators receive newly minted tokens as rewards, thereby increasing the total circulating supply. The absence of a hard cap means that the total number of tokens will continue to expand, supporting the long-term operational requirements of the layer-1 smart contract platform and its associated decentralized applications.

Gram (prev. Toncoin) price history & milestones

Gram (prev. Toncoin) officially launched in the year 2021, entering the digital asset market as a layer-1 smart contract platform. Over the course of its trading history, the cryptocurrency has experienced various market fluctuations. The asset reached its all-time high price of $1.31196864581388 on August 18, 2026. Interestingly, market data indicates that the token also recorded its all-time low price of $1.30235459211543 on that exact same date, August 18, 2026. These historical price points represent the absolute upper and lower boundaries of its recorded valuation thus far. Currently, the cryptocurrency maintains a notable position within the broader digital asset economy, holding the rank of 21 based on its total market capitalization.