TON to GRAM Migration: What It Means for Token
Published 6/14/2026, 4:45:05 PM
The migration is a cosmetic rebrand from Toncoin (TON) to Gram (GRAM). The token name and ticker are changing, but the underlying asset and contracts remain identical.
Important correction: The claim direction in the original query is reversed. This is a TON → GRAM migration, not GRAM → TON.
Migration Mechanics & Timeline
| Aspect | Detail |
|---|---|
| What changes | Token name: Toncoin → Gram; Ticker: TON → GRAM; Logo updates |
| What stays the same | Wallet balances, addresses, smart contracts, NFTs, Jettons, staking positions, DeFi positions, supply, contract addresses |
| Action required? | No — 1 TON = 1 GRAM automatically |
| Effective date | June 15, 2026 at 12:00 UTC |
| Rollout period | ~3 weeks across wallets, exchanges, and ecosystem apps |
The rename was approved via on-chain governance vote: 81.22% in favor (2.28M TON from 3,770 wallets voted yes; ~586,660 TON from 978 wallets voted no).
[Source: Governance vote results] [Source: TON holder vote announcement (Instagram, 2026)]
Implications for Existing Token Holders
No obligations required:
- Tokens automatically become GRAM — no swap, no transactions, no "migration pages"
- Wallet addresses remain unchanged
- Staking and DeFi positions are unaffected
- Any platform asking you to "exchange TON for GRAM" should be treated as a scam
Risk profile changes to be aware of:
| Risk Factor | Detail |
|---|---|
| Centralization | TON/GRAM is now more corporate-backed (similar to BNB/BNB Chain) than community-led |
| Telegram's role | Telegram became primary steward and largest validator (staked ~22M TON in May 2026, ~25% validator share) |
| Regulatory | Durov's legal situation remains an ongoing risk factor |
| Value accrual | No claim on Telegram revenue/profits; fee revenue capture (~0.3% of ecosystem activity) has not yet been independently confirmed |
[Source: Holder implications analysis] [Source: Corporate-backed shift analysis] [Source: Telegram as largest validator (CoinEdition, Phemex, Durov's Twitter)]
Current Status (as of June 14, 2026)
| Milestone | Status |
|---|---|
| Governance vote | ✅ Passed (June 8, 2026) |
| Technical guidance to exchanges | ✅ Distributed (June 9–10) |
| Wallet/explorer updates | 🔄 In progress (deadline June 15) |
| Exchange updates | 🔄 In progress (full consistency by June 22) |
| Official rebrand activation | ⏳ June 15, 2026 at 12:00 UTC |
Exchange updates (as of June 11–14):
- KuCoin: Deposits/withdrawals closed June 14 at 11:00 UTC; trading suspended June 14 at 12:00 UTC
- Bybit: Delisted TONUSDT perpetual contract
- Binance: Support announcement pending
Tokenomics Snapshot
| Metric | Value | Status |
|---|---|---|
| Total Supply | ~5.18B | Confirmed |
| Circulating Supply | ~2.7B | Confirmed |
| Circulating Market Cap | ~$6.5B (at ~$2.40) | Confirmed |
| Fully Diluted Valuation | ~$12.5B | Confirmed |
| Monthly Unlock | ~37M GRAM/month (through late 2028) | Confirmed |
| February 2027 whale freeze | 1,081M GRAM unlock (~21% of total supply) | ⚠️ Not independently confirmed |
| Fee revenue capture % | ~0.3% of ecosystem activity | ⚠️ Not independently confirmed |
| Current Fee Level | ~$0.0005 per transaction | Confirmed |
⚠️ Active Scam Warning
Scammers are exploiting confusion around this rebrand. Do NOT interact with any website, bot, or message asking you to:
- "Claim your GRAM tokens"
- "Migrate your TON to GRAM"
- "Upgrade your tokens"
- Connect your wallet or sign transactions
Verify tokens by contract address, not ticker name.
[Source: Web search results on scam exploitation]
Historical Context
| Year | Event |
|---|---|
| 2018 | Telegram announces TON, raises ~$1.7B through Gram token sales |
| 2019 | SEC files suit against Telegram's Gram token sales |
| 2020 | SEC injunction; Telegram returns $1.22B to investors, pays $18.5M penalty; abandons project |
| 2021 | TON Foundation becomes primary development organization |
| May 4, 2026 | Telegram announces takeover as primary steward and largest validator |
| June 1, 2026 | Pavel Durov announces Toncoin → Gram rename |
| June 8, 2026 | Community governance vote approves rename |
| June 15, 2026 | Rename takes effect |
Key Takeaway
For existing holders: No action is required. Your TON automatically becomes GRAM on June 15, 2026. The main change is structural — Telegram's elevated role increases execution speed but introduces centralization and regulatory risks that were not present under the community-led TON Foundation.
What remains open: The long-term value accrual mechanisms (Telegram-to-validator revenue sharing, Telegram Stars settlement migration, L1 fee restoration) are proposed but not yet implemented.
Suggested follow-up actions:
-
Verify your exchange's rebrand timeline — KuCoin has already suspended trading; check Binance, Coinbase, and any other held exchanges for their specific cutoff times before June 15.
-
Review staking validator distribution — Given Telegram now controls ~25% of validator share, you may want to assess whether your staking rewards or network reliability expectations have changed.