Gram (prev. Toncoin) (GRAM)
CryptoScore Pro global score : 76/100 (computed on 2026-10-28)
The Open Network (TON), rebranded from Toncoin (GRAM), is a high-performance Layer 1 blockchain designed as an alternative to Ethereum, leveraging a sharded architecture and Proof-of-Stake (PoS) consensus to achieve scalability without sacrificing decentralization. Launched in August 2021 by the founders of Telegram—Nikolai and Pavel Durov—the network targets developers, enterprises, and DeFi projects seeking low-cost, high-speed transactions, with a particular emphasis on the BNB Chain and Ethereum ecosystems. TON’s native token, GRAM, serves as the backbone for gas fees, staking rewards, and governance, positioning it as a critical utility asset within its rapidly expanding ecosystem. The project’s strategic alignment with major investors like Pantera Capital and Animoca Brands underscores its ambition to compete with established Layer 1 platforms, while its integration with Telegram’s 700 million users presents a unique onboarding advantage for mainstream adoption. However, its origins as a Telegram sidechain and subsequent pivot to an independent blockchain have introduced regulatory scrutiny, particularly from the U.S. SEC, which has classified GRAM as a potential security,…
Scores by pillar
| Technology | 73/100 |
|---|---|
| Tokenomics | 64/100 |
| Team | 67/100 |
| Adoption | 81/100 |
| Liquidity | 85/100 |
| Compliance | 71/100 |
Market data
| Price | $1.25 |
|---|---|
| Market cap | $3.54B |
| 24h volume | $24.22M |
| Market cap rank | #39 |
| 24h change | +3.04% |
| 7d change | -7.96% |
| Blockchain | The Open Network (TON) |
| Sector | Smart Contract Platform |
Analysis
This project stands out due to its sharded architecture, meaning a partitioning of the network to process data in parallel. This layer 1 blockchain uses Proof-of-Stake to ensure its scalability. The token is used for gas fees, i.e., transaction costs, and for staking rewards.