Pavel Durov thinks big for Gram. The founder of Telegram believes that the crypto linked to his messaging will finish among the top three in the world in market capitalization. On November 10, 2026, he welcomed an 8% rise in the token as the crypto market retreated. Adoption is also growing: GRAM Explorer shows 207,412 Telegram wallets provisioned, while Durov announces over 1 million activations in 48 hours.
In brief
- Pavel Durov predicts a place in the world’s top 3 for Gram.
- GRAM Explorer lists 207,412 Telegram wallets with a balance.
- Gram occupies 25th place in the world, with approximately $3.54 billion in capitalization.
Pavel Durov sees Gram joining crypto giants
The founder of Telegram shows great confidence in the future of Gram. In a post on X, Pavel Durov defended the crypto integrated into his messaging application, which he considers largely undervalued.
On November 10, Gram rose 8% while the crypto market was going through a difficult session. Durov then posted an update on Telegram citing a 12% increase. He believes that Gram has an advantage over other cryptocurrencies thanks to its integration into a true social ecosystem.
Its ambition is to see Gram join the top three cryptos in the CoinMarketCap ranking. The road remains long. When consulted on November 11, CoinMarketCap had a price close to $1.24 and a capitalization of around $3.54 billion.
Gram then occupied 25th position in the world. The token therefore remains far from Bitcoin, Ethereum and Tether, which dominate the ranking. Gram is not a new crypto. This is the old Toncoin, renamed on June 15, 2026 after a community vote.
This name change did not result in any technical migration. Existing balances, addresses and contracts remained unchanged. The name Gram recalls the project initially developed by Telegram before its abandonment in 2020 following a conflict with the American SEC.
Telegram nears one million wallets created in 48 hours
New data from GRAM Explorer helps measure the expansion of Telegram’s integrated wallet. During our consultation on November 11, the counter displayed 973,633 new crypto wallets created during the previous 48 hours.
The day already had 226,026 additional creations, according to the daily counter. Pavel Durov announced more than 700,000 wallets created in 48 hours on November 9. He then mentioned more than a million activations over the same rolling period.
These readings were carried out at different times. The activity is not limited to creations. GRAM Explorer also recorded 191,069 active wallets during the day and 241,631 transactions.
The service considers wallets that have carried out transactions on the blockchain as active. The expansion accompanies the rollout of Telegram’s non-custodial wallet, launched to an initial group of users in late August.
An account can receive Grams without its owner having first opened the crypto wallet interface.
Telegram is also strengthening its involvement in The Open Network. In May, Durov already announced that Telegram would become the largest validator in the TON network. The Gram is used in particular to pay fees on the blockchain and for staking. The integration with messaging also facilitates its use in the services and applications of the TON ecosystem.
Only 207,412 wallets have Gram
Crypto wallet creations don’t tell the whole story, however. GRAM Explorer showed precisely 207,412 Telegram wallets with a balance during our consultation on November 11.
These accounts together held approximately 1.69 million GRAMs. These are the assets identified in the Telegram wallets followed by the explorer, and not all Grams circulating on the market.
The distinction between creation, activity and possession remains important. A crypto wallet can be created without receiving cryptos. Another can transact without maintaining a balance at statement time.
The number of wallets crypto also does not necessarily correspond to the number of people, since a user can control multiple addresses. For Durov, Telegram’s audience represents a huge advantage. The messaging service has more than a billion monthly users. But turning this audience into regular Gram holders will take time. The price also remains far from its all-time high of $8.24, reached in June 2024.
The recent increase therefore does not erase the losses accumulated since this peak. The gap between the deployment of the portfolio and its financial use is already a subject for analysis. In particular, Tremplin.io examined the differences between created, active and provisioned Telegram wallets. The updated figures from GRAM Explorer confirm the interest of this distinction. Durov is aiming for the top 3 worldwide, but Gram will still need to convert its high visibility into sustainable financial adoption.
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