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Home»Altcoins»Perhaps the Most Important Vote in Toncoin (TON) History Concluded Today
Altcoins

Perhaps the Most Important Vote in Toncoin (TON) History Concluded Today

NBTCBy NBTC26/07/2026No Comments2 Mins Read
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The Toncoin (TON) community has accepted a proposal, supported by Telegram, to rename the network’s native token. As a result of the vote, the native token known as Toncoin will be renamed “Gram,” and its ticker symbol will change from “TON” to “$GRAM.”

In the community vote that began on June 1, 2026 and ended on June 8, 2026 (today), 81.22% of participants supported the proposal. Votes in favor of the proposal amounted to 2.68 million tons, while votes against totaled 604.88 thousand tons. Abstentions accounted for 0.45%.

The proposal submitted by Telegram clarifies that the change only affects the token name and transaction code. Accordingly, the blockchain’s name will remain unchanged, and the network will continue to be referred to as “TON” or “The Open Network.” Furthermore, no token swaps, bridging transactions, migrations, or conversion processes will be implemented. User balances, addresses, smart contracts, and current positions will all remain unchanged. For example, a user with a balance of 10 TON will have their assets displayed directly as 10 $GRAM.

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The proposal states that the renaming decision is part of the “Make TON Great Again (MTONGA)” initiative. Telegram’s growing role in the TON ecosystem and its emergence as one of the network’s largest validators were cited as key reasons for the change. Additionally, it was noted that recent network updates have increased transaction speeds by approximately tenfold, allowing transactions to be completed in under a second, and reduced fees by about sixfold, almost to zero.

The statement also noted that the name “Gram” is not new to the TON ecosystem. It stated that the native token was defined as Gram in TON’s original technical documentation, and this name continues to be used in the network’s core codebase. Community

*This is not investment advice.

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