TLDR
- GRAM rose about 2% to near $1.40 after Telegram started releasing Gram Wallet to selected users
- Trading volume jumped 137% following the announcement
- Gram Wallet will be Telegram’s default self-custodial wallet, supporting zero-fee transfers and payments
- Network validators approved the smart contract before the rollout began
- GRAM faces immediate resistance near $1.39–$1.45, with support around $1.33–$1.36
GRAM climbed roughly 2% to trade near $1.40 after Telegram CEO Pavel Durov announced the phased release of Gram Wallet to selected users on August 31. The token briefly touched $1.46 before sellers pulled it back, while trading volume surged approximately 137% around the announcement.
Durov confirmed the release on Telegram, stating the company would “gradually roll it out to our billion+ users over the next couple of weeks.”
Gram Wallet is built directly into the Telegram app and will become the default wallet option in user settings. It uses a self-custodial structure, meaning users hold control over their own assets rather than leaving them with a centralized provider.
🚨HUGE: Telegram officially begins rolling out the Gram Wallet to ONE BILLION users.
The wallet is now live for a select group, with Durov saying the full rollout reaches "our billion+ users over the next couple of weeks."
It's self-custodial, zero-fee, and built directly into… pic.twitter.com/Sro83PtvVs
— Coin Bureau (@coinbureau) August 31, 2026
The wallet will support zero-fee transfers, payments, and purchases inside Telegram. Users will also be able to buy Telegram Collectibles, which include digital gifts, usernames, and phone numbers.
Network validators approved the smart contract powering Gram Wallet before the phased launch began. The contract is designed to allow future upgrades without requiring users to migrate their funds to a new contract, reducing friction and lowering the risk of phishing attacks tied to fake migration requests.
Telegram reported over one billion monthly active users in 2025. The company has not disclosed an adoption target or revealed how many accounts received access in the first phase.
GRAM’s Path From Toncoin
The wallet launch comes about two and a half months after Toncoin officially rebranded to GRAM. An 81.22% community vote approved the name change, which took effect on June 15. The rebrand did not create a new token or require holders to perform a swap.
GRAM previously gained nearly 19% when Durov first announced the proposed rename in early June, reaching around $2.21 before giving back some of those gains.
Price Action and Key Levels
On the four-hour chart, GRAM rebounded from a low of $1.332 to approximately $1.385. The upper Bollinger Band sits near $1.386, making the $1.385–$1.40 zone the first resistance area.
A sustained move above $1.40 would expose the $1.45–$1.46 area, where sellers were active during the initial wallet-driven spike. The ADX reading near 29 indicates moderate trend strength.
$GRAM is trading inside a descending wedge on the 4H chart.
Is this a setup for the next PUMP, or just another TRAP?
Watching the breakout closely. pic.twitter.com/4gwd7n2yEb
— CryptoJack (@cryptojack) August 31, 2026
Crypto analyst CryptoJack noted on X that GRAM is trading inside a descending wedge on the 4-hour chart, flagging the pattern as a potential breakout setup or a trap, and said he was watching the breakout closely.
The Awesome Oscillator remained below zero at approximately minus 0.029, showing bearish momentum had not fully cleared despite the latest rebound.
