Gram (prev. Toncoin)

Gram (GRAM), formerly known as Toncoin, is the native asset of The Open Network (TON), a general-purpose Layer 1 blockchain designed for building decentralized applications and tokens at scale. GRAM pays for transactions, secures the network, and serves as the settlement currency across the TON ecosystem.

What is Gram (TON)?

The Open Network is a smart contract platform originally conceived to serve a very large user base with fast, cheap transactions. Its central promise is scalability: an architecture built to handle high throughput so consumer-grade applications, payments, and tokenized assets can run without congestion. GRAM is the fuel that makes that possible, functioning as the network's gas and staking token.

How does Gram work?

TON operates as a Proof of Stake Layer 1, meaning validators lock up GRAM to propose and confirm blocks rather than expending energy on mining. The network's design emphasizes horizontal scalability, splitting workload so it can grow with demand. Developers deploy smart contracts and issue their own tokens on TON, and GRAM underpins the fees and validation that keep the system running.

Ecosystem reach

TON is associated with a broad ecosystem, and the token appears across multiple environments including bridged representations. It is worth noting that the network has faced regulatory attention historically, categorized among assets alleged to be securities, which is a factor holders should be aware of.

Gram tokenomics and supply

Circulating supply is around 2.72 billion GRAM against a total of roughly 5.21 billion, so a meaningful share of tokens is not yet in circulation. TON does not enforce a fixed hard cap like Bitcoin; supply dynamics are governed by the network's staking and emission model. Price history spans an all-time low near $0.52 and a high of $8.25, reflecting the substantial swings typical of large Layer 1 assets.

What is Gram used for?

• Paying transaction fees (gas) on The Open Network
• Staking to help validate blocks and secure the chain
• Settling payments and powering consumer applications
• Serving as the base asset for tokens issued on TON

Where to buy Gram (GRAM)

GRAM is widely listed across major venues. Use our best crypto exchanges ranking to compare fees, liquidity, and jurisdictional availability, and consult our best crypto wallets guide for wallets that support TON so you can self-custody rather than leaving GRAM on an exchange.

Is Gram a good investment?

TON is a prominent, scalable Layer 1 with genuine ecosystem momentum, but GRAM carries the volatility of any large altcoin plus the added uncertainty of historical regulatory scrutiny and a still-unlocking supply. This is not financial advice: consider network adoption, competition among Layer 1s, and the regulatory overhang before deciding, and never invest more than you can afford to lose.