The Open Network community has voted to rename its native token from Toncoin (TON) back to Gram (GRAM), reclaiming the original name that was shelved six years ago after a bruising legal battle with the US Securities and Exchange Commission. The rebrand takes effect on June 15.
It’s a full-circle moment for the project. TON was originally conceived by the Telegram team in 2018, and its token was called Gram from the start. But the SEC came down hard in 2020, forcing Telegram to pay $18.5 million and abandon the project entirely. The community picked up the pieces, renamed the token to Toncoin, and kept building. Now, with a 1,300% surge in active addresses over 2025 and the token trading around $7 (down from an $11 peak but still well above its $2.50 starting point), the community decided it was time to bring Gram back.
The name change is more than cosmetic. It signals a project that’s come into its own — no longer defined by its legal troubles or its connection to Telegram, but by the ecosystem it’s built. Whether the Gram rebrand sparks a fresh rally remains to be seen, but the symbolism is hard to miss.
