The Open Network

The Open Network’s native token Gram is forecast to surge from its current $1.39 to an average of $37.37 by 2032, crossing the $10 threshold in 2029, according to technical analysis projections. For institutional investors evaluating long-term exposure to Telegram-integrated blockchain infrastructure, the token’s path depends on adoption growth within Telegram’s 900 million user base and sustained network utility beyond current volatility.

• Gram token forecast to reach average price of $37.37 by 2032, up from $1.39 today
• Prediction model shows Gram crossing $10 threshold in 2029, with 2028 range of $7.26 to $9.49
• The Open Network’s token rebranded from TON to Gram on June 15, 2024, following community vote

• $37.37 Average predicted price by 2032, compared to current market price
• 900M Monthly active Telegram users creating addressable market for token utility
• $3.81B Current market capitalization with $1.39 per token

Gram, the native token of The Open Network, is trading at $1.39 with a market capitalization of $3.81 billion and circulating supply of 2.73 billion tokens. The token hit an all-time high of $8.24 on June 15, 2024, the same day its June community vote to rebrand from TON to Gram took effect.

Technical analysis forecasts indicate Gram could reach an average price of $37.37 by 2032, with intermediate milestones including a high of $3.35 in 2026 and passage through the $10 level during 2029.

The rebranding represents a token-only change; the underlying blockchain infrastructure remains The Open Network, which Telegram developed as a decentralized protocol composed of four layers: the Gram Blockchain, Gram DNS, Gram Storage, and Gram Sites.

The token functions as the settlement and payment mechanism across the ecosystem, used for transactions, digital payments, network-level services including Telegram Premium subscriptions, and ad purchases within the platform. This integration with Telegram’s 900 million monthly active users represents the primary driver of potential demand growth.

Gram Rebranding Follows Community Vote, Ticker Change Takes Effect June 15

The Open Network’s token underwent a formal rebranding in June 2024 after the community voted to retire the TON ticker and adopt Gram as both the token name and new symbol. The change was not a hard fork or network migration; only the token’s name, ticker symbol, and logo were modified, while the underlying blockchain infrastructure retained its original architecture and functionality.

This distinction matters for institutional tracking systems that rely on ticker symbols and asset identifiers.

The rebranding decision emerged from the community’s desire to establish clearer separation between the token (Gram) and the protocol layer (The Open Network). Previously, use of “TON” for both created ambiguity in discussions of network upgrades versus token economics.

The vote reflected broad stakeholder consensus, though specific voting metrics and participation rates were not disclosed in available documentation. The June 15 effective date provided a defined moment for exchange listings, wallet interfaces, and institutional systems to update their records.

For institutional investors, the rebranding carries both practical and signaling implications. On the operational side, portfolio management systems and reporting infrastructure required updates to reflect the ticker change.

On the strategic side, the rebrand signals active community governance and an effort to establish Gram as a distinct asset class within the broader Telegram ecosystem, potentially increasing institutional recognition and reducing confusion with competing projects that previously used TON designation.

Technical Forecast Predicts $3.35 High in 2026, Entry to $7-$9 Range by 2028

Current technical analysis models project a near-term high of $3.35 for Gram in 2026, representing a 141% gain from the current $1.39 price. This level would remain well below the all-time high of $8.24 established in June 2024, suggesting the model does not anticipate an immediate recovery to prior peaks but instead a gradual accumulation phase.

The 2026 projection implies sustained volatility but directional upside over a two-year horizon.

The forecast model predicts Gram will enter the $7.26 to $9.49 range during 2028, with an average price of $7.60 across that year. This progression would represent approximately a 5.5-fold increase from today’s price, assuming the model’s core assumptions about adoption and network utility prove accurate.

The range-bound projection for 2028 reflects uncertainty around sustained Telegram integration and competitive dynamics; the model does not lock in a single path but identifies likely boundaries for price discovery during that period.

By 2030, the model forecasts a range of $17.71 to $20.42 with an average price of $18.27, setting up the conditions for Gram to cross the psychologically significant $10 threshold during 2029. The compression of the 2030 range relative to 2028 suggests increased price stability later in the forecast period, potentially reflecting either market maturation or reduced speculative volatility.

The 2032 average of $37.37 projects thirteen-fold appreciation from current levels over an eight-year window, a compound annual growth rate of approximately 43 percent.

Current Market Sentiment Bearish Amid Crypto-Wide Volatility and Whale Positioning

Gram currently trades in a bearish technical environment, down 1.33 percent over the prior 24 hours and 21.48 percent over the preceding 30 days as of early August. The token’s 30-day volatility stands at 6.91 percent, classified as high relative to major crypto assets, indicating frequent intraday price swings and concentrated positioning.

Key technical support sits at $1.36, representing a 2.2 percent decline from the current price and a critical level for determining whether the recent downtrend accelerates or stabilizes.

Market sentiment analysis shows extreme fear among traders, with the Fear and Greed Index reading 25, well into capitulation territory that historically has preceded technical bounces. Only 12 of the prior 30 trading days closed in the green, a 40 percent win rate that reflects consistent selling pressure.

The 50-day simple moving average at $1.56 and the 200-day moving average at $1.52 sit above current price, indicating that Gram remains below its intermediate-term trend but above its longer-term support level.

Whale activity and speculative positioning contribute materially to Gram’s short-term volatility, as large holders can move the market with concentrated buy or sell orders. The $97 million daily trading volume provides meaningful liquidity relative to the $3.81 billion market cap, but concentrated positions among major holders mean price swings can exceed fundamentals-driven moves.

Institutional investors should monitor on-chain metrics tracking large holder activity to identify when whale liquidations or accumulation patterns diverge from technical signals.

Telegram Integration and 900 Million Users Remain Core Driver of Long-Term Demand

The primary fundamental case for Gram’s appreciation rests on Telegram’s integration of blockchain services into its platform and the addressable market represented by 900 million monthly active users. As Telegram increasingly integrates Gram for Premium subscriptions, ad purchases, and in-app transactions, the token transitions from speculative asset to utility vehicle with embedded demand.

This differentiation from purely financial cryptocurrencies creates a distinct valuation case centered on adoption rates rather than purely monetary inflation or supply dynamics.

Institutional investors should note that Gram’s long-term price path depends on three distinct but overlapping factors: network adoption among Telegram’s existing user base, expansion of use cases beyond Premium and ads into commerce and staking, and macroeconomic sentiment toward crypto assets generally.

The forecast models assume progression across all three, but actual outcomes will depend on Telegram’s product roadmap decisions, regulatory clarity around the integration of blockchain services into messaging platforms, and competition from alternative protocols offering similar functionality to institutional users.

The current bearish sentiment and 21.48 percent month-over-month decline present a potential accumulation opportunity for investors with multi-year