The Open Network (TON) community has decided to make a historic change to the name of its main cryptocurrency native to Telegram , following an election that formalized the change from the term Toncoin to Gram , also altering the trading symbol on exchanges.

The change received overwhelming approval from 81% of digital asset holders in the votes. The vote, open to active participants in the ecosystem, ended on Monday (8) with a victory for the Telegram app .

The communications project conceived the proposal as part of an effort to reclaim the sector's original identity. The initial documentation creating the network already referred to the digital currency as Gram in the past.

Update eliminates risks and protects investors against online fraud.

The new format will officially enter circulation next Monday (15) on all cryptoasset buying and selling platforms and brokers. Thus, the change in nomenclature eliminates the need for any manual action on the part of supporters with a balance in the project.

The organization warns against offering migration processes, additional redemptions, or numerical conversions of the asset on brokerage platforms. Any and all online services offering to send money to unlock the new version are operating criminally.

The number of tokens held by each individual remains identical to the original model, meaning 1 TON is worth the same as 1 GRAM . A user with ten tokens of the old type will wake up to find that those ten units have been automatically renamed next week.

Telegram takes the lead and increases the speed of the financial network.

The change reflects the increasing strength of Telegram as a vital cog in the development of the TON cryptocurrency ecosystem. The app currently acts as the main validator for transfers occurring within the investors' infrastructure.

This recent improvement has boosted network performance, making transactions approximately 10 times faster for the public. Furthermore, transaction fees have reached near-zero levels, making it cheaper to transfer money between ordinary people.

The global market considers the TON network to be one of the largest and most important active ecosystems in the world. The currency leads the pillar of popularizing digital finance due to its easy access for billions of daily users of the messaging system.

Brokerages receive a manual for visual changes in mobile applications.

Partner brokers have received explicit orders to modify the capital transfer and withdrawal buttons on their screens. The application contracts and virtual loan rules remain identical to the standard used before this nomenclature change.

The manual suggests displaying both the old and new acronyms together during the market adaptation period. This tactic prevents confusion and erroneous purchases by first-time customers who are unaware of the platform changes.

The deadline for the definitive exclusion of the old name ends on Monday (22) across the entire global ecosystem. This visual transition reaffirms the search for speed and low costs in a competitive scenario by the official management.