Gram (prev. Toncoin)

Gram is the native token of The Open Network (TON), a layer-1 blockchain designed for high-throughput transaction settlement with an emphasis on scalability. The network employs a Proof-of-Stake consensus mechanism and is structured around sharding to achieve parallel processing across validator groups. Gram functions as the settlement asset for network fees, validator staking, and smart contract execution. TON's architecture prioritizes fast finality and sub-second block times, positioning it as infrastructure for payments and application layers rather than a general-purpose smart contract platform.

Trading interest in Gram centers on its emergence as a significant layer-1 settlement token with genuine on-chain activity and staking demand. The asset exhibits distinct liquidity profiles across major exchanges and derivative markets, making it relevant for assessing capital flows among alternative layer-1 chains. Gram's supply mechanics—validator rewards and strategic token allocations—interact with staking incentives in ways that shape medium-term token circulating supply. For traders monitoring sector rotation between Ethereum, Solana, and emerging layer-1 alternatives, Gram's price action and derivatives positioning offer signals about institutional conviction in non-EVM settlement infrastructure.