GRAM Rises 9% as Telegram Expands Money Wallet Access

GRAM has risen 9% to $1.56 as Telegram expands access to Money, its non-custodial wallet designed for token transfers and collectible purchases. According to CryptoNews, the messaging platform is extending the wallet beyond the selected users who previously had access, bringing the feature to more accounts across a platform with over one billion users.

Wallet Functionality and Top-Ups

The Money section appears inside Telegram after a user receives a transfer. Once available, recipients can add GRAM from their Walt account in a few taps, with transfers described as instant and carrying no network fees. According to the announcement, Money lets users hold and send the TON blockchain’s native token, alongside purchasing Telegram gifts and collectible usernames. Walt provides top-up options alongside a separate platform that supports more than 300 digital assets.

Market Impact and Valuation

The reported rally lifted GRAM’s market capitalization to $4.12 billion, while 24-hour trading volume rose 41% to $132.4 million during the advance. Walt noted that the former Wallet in Telegram service adopted its new name after expanding beyond its original role of buying Toncoin and Bitcoin. Toncoin became Gram on June 15, changing the asset’s name, ticker, and logo while leaving the blockchain’s TON name intact.

Key facts

• GRAM rose 9% to $1.56 following the expansion of Telegram's Money wallet access.
• Market capitalization for GRAM reached $4.12 billion, with trading volume rising 41% to $132.4 million.
• Money operates as a non-custodial wallet inside Telegram, allowing users to store GRAM, send funds, and buy gifts or collectible usernames.
• Walt supports top-ups for the Telegram wallet alongside a separate platform supporting over 300 digital assets.