Telegram Just Started Rolling Out Its Billion-User Wallet — the $1.30 Double Floor That Decides GRAM’s Next Move

Telegram just started sending its own wallet to the biggest messaging audience on the planet. On August 31, founder Pavel Durov confirmed that Gram Wallet — the self-custodial wallet built on The Open Network — is live for a first group of users, with the full rollout aimed at Telegram’s billion-plus monthly audience over the next couple of weeks. GRAM, the token behind it, ticked up about 2% toward $1.40 with trading volume jumping roughly 137% before fading back to the $1.30 shelf it has defended all week.

A Billion-User Rollout Starts Now

Gram Wallet is Telegram’s self-custody answer, and it is being wired directly into the app: it becomes the default wallet in Telegram settings, handling fee-free transfers, in-app payments and purchases of Telegram Collectibles. The scale is what makes this different — no non-custodial wallet has ever shipped to an install base this size. GRAM’s wallet-rollout bounce shows the market noticed immediately.

The timing also closes a loop that started in 2018. About ten weeks before the wallet launch, Toncoin officially became Gram after a community vote passed with 81.22% support on June 15 — restoring the name Telegram’s founders originally chose for the network’s token. No swap was needed: 1 TON simply became 1 GRAM. The complete Gram rebrand guide walks through what actually changed.

Validators Just Rewired How the Wallet Upgrades

Behind the rollout sit two validator-approved upgrades that solve the classic wallet problem: what happens when the software needs to change. Config -123 introduces a network-level smart-contract architecture in which every wallet runs a small, permanent contract that references shared logic maintained at the network level. Telegram can now update wallet behavior across all users through validator governance — no migrations, no stranded versions. The initial build ships with signature verification, transaction execution, replay protection and key rotation, with two-factor authentication and recurring payments designed in as future additions.

Config 30 extends validator leader windows to cut coordination overhead, a change TON Strategy says can raise network throughput by up to 30%. Notably, the votes were backed by TON Strategy Company (Nasdaq: TONX) — a treasury firm whose entire business is accumulating GRAM, and a validator with a direct financial interest in the network scaling.

“We’ll be gradually rolling it out to our billion+ users over the next couple of weeks.” — Pavel Durov, Telegram, August 31, 2026

The Chart: Two Touches on the $1.30 Floor

On Binance’s GRAM/USDT daily chart, the story is a spike, a slide and a floor that keeps getting tested. The rebrand listing pumped to $1.843 on July 4, then bled for roughly six weeks to $1.294 on August 18 — a token still sitting about 84% below Gram’s all-time high of $8.25 from June 2024. What matters now is the reaction since: August 22 pushed back to $1.560 on more than triple the session-average volume, and the pullback that followed has now defended the $1.29–$1.33 zone twice — the August 18 low at $1.294 and today’s dip to $1.296, with late-August lows at $1.320–$1.321 in between. Watch it live on GRAM/USDT on Binance.

What Flips GRAM Higher

The bull path starts with holding the shelf and reclaiming $1.385–$1.40 — the level that capped the wallet-news candle. A close above that opens $1.459 (the August 31 high), then the $1.50–$1.56 band where August’s spike stalled. Clear that and the measured move from the double floor — 1.560 + (1.560 − 1.294) — points at roughly $1.83, the July rebrand high. GRAM live price data puts the token around $1.33 with a market cap near $3.7–$3.9 billion, ranked in the mid-20s among all cryptocurrencies.

The bear case needs a daily close below $1.294 first; that would open $1.25 and then the $1.20–$1.15 zone before any larger bottom. With the wallet rolling out in waves through September and a Nasdaq-listed GRAM treasury sitting among the validators, the path of least resistance tilts up as long as the $1.30 floor holds — and every new wave of the rollout is a fresh chance for the market to reprice it.