Key Takeaways:
GRAM, the Telegram-linked token rebranded under the TON ecosystem, jumped 10% on July 2 after listing announcements on Binance and Hyperliquid.
The token's price rose to $0.87 as of 09:30 UTC, according to CoinGecko data, with trading volume surging to $42 million in the 12 hours following the exchange confirmations. The listings mark the first time GRAM has been available on Binance, the world's largest crypto exchange by volume, and on Hyperliquid, the decentralized perpetuals platform.
Binance listed GRAM in its spot market with trading pairs against Bitcoin, USDT, and the Binance USD stablecoin, while Hyperliquid added the token to its perpetual futures offering with up to 5x leverage. The dual exchange listing gives GRAM access to Binance's global user base of more than 200 million registered users and Hyperliquid's on-chain derivatives market, which processed over $200 billion in cumulative trading volume since its HIP-3 upgrade.
The token's rally comes as part of a broader TON ecosystem rebranding that returned GRAM to its historic name, reviving the project originally conceived by Telegram in 2018 before regulatory pressure forced its abandonment. The TON Foundation has been expanding the network's DeFi infrastructure, with total value locked on the chain reaching $1.2 billion in late June, according to DefiLlama.
The listings significantly increase GRAM's liquidity and accessibility to a global trading audience, potentially attracting institutional and retail interest to the TON ecosystem. The next catalyst for the token will be the full rollout of TON's native stablecoin infrastructure and any additional exchange listings in the coming weeks.
This article is for informational purposes only and does not constitute investment advice.
