Key Highlights
- GRAM token advanced approximately 2% to the $1.40 level after Telegram initiated Gram Wallet distribution to select users
- Trading activity surged 137% in response to the wallet launch announcement
- Gram Wallet will serve as Telegram’s integrated self-custodial wallet solution, enabling fee-free transactions and payments
- Blockchain validators greenlit the smart contract infrastructure prior to the phased deployment
- Technical resistance for GRAM appears at $1.39–$1.45, while support zones sit around $1.33–$1.36
GRAM token registered gains of approximately 2%, reaching the $1.40 price point after Telegram founder Pavel Durov revealed the staged deployment of Gram Wallet to chosen users on August 31. The digital asset momentarily peaked at $1.46 before experiencing a pullback, accompanied by a dramatic 137% increase in trading activity surrounding the announcement.
Durov made the announcement via Telegram’s official channels, indicating the platform would “gradually roll it out to our billion+ users over the next couple of weeks.”
The new Gram Wallet integrates natively within the Telegram application and will function as the primary wallet option accessible through user settings. The wallet employs a self-custodial architecture, ensuring users maintain complete control over their digital assets instead of depending on centralized custodians.
The integrated wallet will facilitate zero-fee transactions, payment processing, and in-app purchases within Telegram’s ecosystem. Additionally, users will gain the ability to acquire Telegram Collectibles, encompassing digital gifts, premium usernames, and phone numbers.
Blockchain validators granted approval for the smart contract infrastructure underlying Gram Wallet prior to the staged launch. The contract architecture enables future enhancements without necessitating user fund migration to updated contracts, streamlining the upgrade process and mitigating phishing vulnerability risks associated with fraudulent migration prompts.
Telegram’s user base exceeded one billion monthly active accounts in 2025. The messaging platform has not revealed specific adoption metrics or disclosed the quantity of accounts granted access during this initial deployment phase.
Evolution From Toncoin to GRAM
The wallet deployment arrives roughly ten weeks following Toncoin’s official transition to the GRAM identifier. Community members approved the rebranding through an 81.22% consensus vote, implementing the change on June 15. The rebrand maintained token continuity without introducing a new asset or requiring holder participation in token swaps.
GRAM experienced substantial appreciation of nearly 19% when Durov initially revealed the proposed rebranding in early June, climbing to approximately $2.21 before experiencing partial retracement.
Technical Analysis and Critical Price Zones
Examining the four-hour timeframe, GRAM recovered from a $1.332 bottom to approximately $1.385. The upper Bollinger Band positions itself near $1.386, establishing the $1.385–$1.40 range as the initial resistance barrier.
A confirmed breakout above $1.40 would bring the $1.45–$1.46 region into focus, where selling pressure emerged during the initial wallet announcement spike. The Average Directional Index registers near 29, suggesting moderate trending activity.
Cryptocurrency analyst CryptoJack observed on X that GRAM is consolidating within a descending wedge formation on the 4-hour timeframe, identifying the pattern as either a potential breakout catalyst or a deceptive trap, stating he was monitoring the breakout scenario carefully.
The Awesome Oscillator persisted in negative territory at approximately minus 0.029, indicating bearish momentum continues despite the recent price recovery.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
