Telegram’s TON Rebrand Gets Apple Boost as Durov Expands the Ecosystem
Pavel Durov has unveiled a completely native Telegram app for Apple Watch, increasing the platform’s {hardware} footprint. The governance vote to rename Toncoin (TON) to GRAM cleared with 81.22% assist, with the rebrand taking impact on June 15.
The blockchain retains the TON title. Holders needn’t swap, bridge, or declare something. Balances, sensible contracts, NFTs, staking, and decentralized finance (DeFi) positions carry over routinely.
GRAM Rebrand Revives Telegram’s 2018 Vision
The GRAM title originated in Telegram’s 2018 whitepaper, earlier than the SEC compelled the challenge to halt and refund $1.7 billion to buyers.
The neighborhood rebuilt the chain independently as Toncoin below the TON Foundation. Durov’s rebrand returns the token to its supposed id.
The rename is step 4 of the Make TON Great Again (MTONGA) roadmap. Earlier milestones included Catchain 2.0, which delivered sub-second transaction finality, and a sixfold payment discount to near-zero. Telegram additionally took over as TON’s largest validator earlier this yr.
Toncoin (TON) traded at $1.66 at the time of writing, down 7.14% over the prior 24 hours. The asset holds a market cap of $4.43 billion. The coin surged sharply after Durov’s May takeover announcements, solely to pare a few of these beneficial properties heading into the rebrand.
Full consistency throughout exchanges and ecosystem tasks is anticipated by June 22. The three-week GRAM transition requires no technical modifications to wallets, contracts, or protocols.
Apple Watch App Extends Telegram to a New Device Category
Durov introduced the native Apple Watch app on X, restoring wearable assist after Telegram discontinued its earlier watchOS presence years in the past. The app covers messaging, voice notes, GIFs, video playback, stickers, and site sharing from the wrist.
The two strikes body a deliberate technique. The GRAM rebrand sharpens the crypto id of Telegram’s ecosystem, whereas the Apple Watch launch extends the platform into shopper {hardware}.
Telegram’s roughly one billion customers give TON’s user expansion plans one in all the broadest potential footprints in the trade.
The remaining three MTONGA steps keep undisclosed, however the pairing of a product launch with a network identity reset indicators Durov is advancing the ecosystem on a number of fronts forward of June 22.
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