Binance Drops TON for GRAM: What Holders Must Do Now

Binance Drops TON for GRAM: What Holders Must Do Now

Source: UToday

Published:09:02 UTC

BTC Price:$63507.5

#ton #gram #rebranding

Analysis

Price Impact

Low

Binance is supporting the rebranding of ton to gram and will facilitate the token swap. while this is a positive development for the ton ecosystem, the rebranding itself is largely cosmetic and doesn't introduce new utility or fundamentally alter the token's value proposition. therefore, the immediate price impact is expected to be limited.

Trustworthiness

High

Price Direction

Neutral

The rebranding is a return to the original name, gram, with a 1:1 token swap. this change is primarily symbolic and doesn't inherently alter the token's market dynamics or create new demand drivers. while it might generate some short-term interest, a sustained price movement would likely depend on broader market conditions and developments within the open network ecosystem.

Time Effect

Short

The transition period for the swap on binance is between june 23 and july 2, with a full halt of trading for the old token and launch of new gram spot pairs in early july. this indicates a short-term effect as the market adapts to the new ticker.

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Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The world's largest cryptocurrency exchange, Binance, officially announced support for the renaming of Toncoin (TON) to Gram (GRAM). The swap of tokens linked to the popular messaging app Telegram on Binance will take place automatically at a 1:1 ratio, while all trading operations, deposits and withdrawals will be moved to the new ticker between June 23 and July 2. Advertisement A full halt of trading with the old TON token and the launch of new GRAM spot pairs will be completed in early July, while the exchange will fully handle all technical requirements for the integration. Official announcement from Binance regarding TON rebranding, Source: Binance Earlier, the TON community voted to return the coin's historical name, with 81.22% of blockchain users supporting the decision. The update in the network itself will take effect on June 15, after which trading platforms will begin changing tickers. HOT Stories Dogecoin (DOGE), Shiba Inu (SHIB), Toncoin (TON), and Ethereum (ETH) Price Analysis For June 12: Getting Back in Bull Market Ripple Nemesis to Run US Intelligence Goodbye Toncoin, welcome back GRAM The return to the roots carries deep symbolic meaning for the ecosystem, since the project was originally created by brothers Nikolai and Pavel Durov as Telegram Open Network, and its native coin was supposed to be Gram. Advertisement However, after Telegram's team was forced to leave the project in 2020 under pressure from the U.S. regulators, the SEC specifically, the network was handed over to an independent community of developers, who renamed the project The Open Network and the coin Toncoin . In this case, the current vote effectively restores historical justice and the original brand laid down by the creators of the Telegram messenger. You Might Also Like Fri, 06/12/2026 - 00:01 Dogecoin (DOGE), Shiba Inu (SHIB), Toncoin (TON), and Ethereum (ETH) Price Analysis For June 12: Getting Back in Bull Market By Arman Shirinyan Advertisement But bringing back the old name is proving to be a complex task for the market. While major platforms are already preparing for the swap, different venues are handling the technical transition in their own ways. While Binance is supporting the rebrand, in the decentralized space, particularly on the Hyperliquid platform, validators will vote on the possible delisting of TON. This looks contradictory, especially as TON ecosystem developers stress that the rebrand is cosmetic in nature. #Binance #Toncoin #Telegram Open Network (TON) News