{"id":909831,"date":"2026-06-02T10:12:18","date_gmt":"2026-06-02T15:12:18","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/02\/toncoin-price-soars-as-telegram-eyes-tons-rebrand-to-gram\/"},"modified":"2026-06-02T10:12:18","modified_gmt":"2026-06-02T15:12:18","slug":"toncoin-price-soars-as-telegram-eyes-tons-rebrand-to-gram","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/02\/toncoin-price-soars-as-telegram-eyes-tons-rebrand-to-gram\/","title":{"rendered":"Toncoin price soars as Telegram eyes TON\u2019s rebrand to GRAM"},"content":{"rendered":"<div data-site=\"CoinJournal\">\n<div data-site=\"CoinJournal\">\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/06\/Toncoin.png\" alt width=\"100%\" height=\"100%\">\n<\/picture>                            <\/div>\n<ul>\n<li>Toncoin price jumped as Bitcoin revisited support below $72,000.<\/li>\n<li>Bulls took advantage of Telegram-related news of a rebrand to GRAM token to push TON above $2.27.<\/li>\n<li>If buyers dominate, Toncoin could edge past $3.00 next.<\/li>\n<\/ul>\n<p>Toncoin rose by nearly 20% and touched highs of $2.27 on Monday, June 1, as traders digested a surprise rebrand announcement from Telegram\u2019s founder.<\/p>\n<p>The gains for TON came even as Bitcoin and major altcoins fell sharply amid <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-outlook-amid-9-day-streak-of-etf-outflows\/\">institutional capital outflows<\/a>.<\/p>\n<p>BTC slid to lows near $71,380 after news that Strategy had sold 32 BTC, its first sale since 2022.<\/p>\n<p>Toncoin\u2019s uptick signalled persistent market interest in the Telegram-backed TON blockchain despite broader market weakness.<\/p>\n<h2>Toncoin price gains amid GRAM rebrand news<\/h2>\n<p>Double-digit gains in TON\u2019s price followed an announcement that the native token of the TON blockchain will be rebranded from Toncoin to \u201cGram.\u201d<\/p>\n<p>The move, expected to be completed over the next three weeks, will restore a name Telegram had previously abandoned under regulatory pressure from the US Securities and Exchange Commission.<\/p>\n<blockquote>\n<p>\u201cGram was the original name of TON\u2019s currency in the first white paper,\u201d Durov <a href=\"https:\/\/t.me\/s\/durov\" target=\"_blank\" rel=\"noopener\">wrote<\/a>. \u201cWe\u2019re returning to our roots \u2014 and starting a new chapter. This rebranding will pave the way for what comes next.\u201d<\/p>\n<\/blockquote>\n<p>The rebrand is part of a \u201cMake TON Great Again\u201d roadmap the company recently published, which includes deeper operational involvement by Telegram.<\/p>\n<p>As part of that plan, Telegram disclosed its intent to become TON\u2019s primary validator.<\/p>\n<p>Investors view this as a shift that could materially affect network security and on-chain activity.<\/p>\n<p>A community vote on the move is live.<\/p>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Toncoin (TON) -> Gram (GRAM)<\/p>\n<p>Community vote is live.<\/p>\n<p>Since Telegram took a leading role in TON&#8217;s development, the chain got 10\u00d7 faster, fees 6\u00d7 lower. <\/p>\n<p>And now Telegram proposes one more change: renaming Toncoin to Gram \u2013 the name from the original TON White Paper that never\u2026<\/p>\n<p>\u2014 TON \ud83d\udc8e (@ton_blockchain) <a href=\"https:\/\/x.com\/ton_blockchain\/status\/2061514907019845890?ref_src=twsrc%5Etfw\">June 1, 2026<\/a><\/p>\n<\/blockquote>\n<p>As was the case then, Toncoin price rose on Monday as market participants reacted to the rebrand news.<\/p>\n<p>Many see this as a signal of renewed institutional and consumer alignment between Telegram\u2019s user base and TON\u2019s native token.<\/p>\n<p>Telegram serves more than 950 million users worldwide; tying the token more directly to the platform increases the potential utility and distribution vectors for Gram, from in-app payments to token-based services and developer integrations.<\/p>\n<p>Traders interpreted the announcement as positive for token demand, prompting the swift price appreciation even as macro-driven selling pressured broader crypto markets.<\/p>\n<h2>Toncoin price outlook: Is a new all-time high next?<\/h2>\n<p>Technically, TON\u2019s daily chart shows bullish momentum but with caveats.<\/p>\n<p>The relative strength index (RSI) on the weekly timeframe has climbed to 57, indicating strong buying pressure but approaching overbought territory.<\/p>\n<p>The MACD histogram remains positive, with the MACD line above the signal line, suggesting trend continuation in the short term.<\/p>\n<p>These indicators together point to momentum that could extend the rally while warning that a pullback or consolidation is possible if momentum exhausts.<\/p>\n<figure id=\"attachment_365088\" aria-describedby=\"caption-attachment-365088\"><img fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/06\/toncoin-price-chart.png\" alt=\"Toncoin Price Chart\" width=\"1057\" height=\"613\"><figcaption id=\"caption-attachment-365088\"><a href=\"https:\/\/www.tradingview.com\/symbols\/TONUSD\/\" target=\"_blank\" rel=\"noopener\">Toncoin price chart<\/a> by TradingView<\/figcaption><\/figure>\n<h3>Key levels to watch<\/h3>\n<p>If TON holds above the $2.10 support established during Monday\u2019s session, the next near-term resistance zone sits around $3.00.<\/p>\n<p>As the chart shows, this is a level above which bulls could target traction towards $3.70 (100SMA) and then $6.00. TON\u2019s all-time high is above $8.<\/p>\n<p>On the downside, a decisive breakdown below $2.00 would increase the likelihood of a deeper retracement.<\/p>\n<p>If bears breach lower support levels, losing $1.90 could significantly impact the probability of an immediate push toward previous highs.<\/p>\n<p>Given broader market volatility and ongoing institutional flows, traders should monitor on-chain activity and Telegram\u2019s next operational moves for confirmation that the rebrand materially increases utility and adoption.<\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<hr>\n<h6>Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/toncoin-price-soars-as-telegram-eyes-tons-rebrand-to-gram\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Benson Toti<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toncoin price jumped as Bitcoin revisited support below $72,000. Bulls took advantage of Telegram-related news of a rebrand to GRAM token to push TON above $2.27. If buyers dominate, Toncoin could edge past $3.00 next. Toncoin rose by nearly 20% and touched highs of $2.27 on Monday, June 1, as traders digested a surprise rebrand<\/p>\n","protected":false},"author":1,"featured_media":909832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4759,116835],"tags":[],"class_list":["post-909831","post","type-post","status-publish","format-standard","has-post-thumbnail","category-price","category-toncoin"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/909831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=909831"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/909831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/909832"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=909831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=909831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=909831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}