GRAM Token Unlock of $52 Million Hits TON Network, Raising Sell-Side Concerns

Key Facts

1A cliff unlock of 36.58 million GRAM tokens, valued at approximately $52.68 million, is scheduled for today, September 22.

2The released amount represents approximately 1.3% of the token's circulating supply.

In a move that highlights the sensitivity of digital asset markets to liquidity influxes, the TON network is undergoing a significant token release today, September 22. According to reports, a cliff unlock of 36.58 million GRAM tokens (formerly Toncoin), valued at approximately $52.68 million, is scheduled to occur. This event marks the transition of previously restricted tokens into the circulating supply, a mechanism often monitored closely by retail traders for its immediate market impact.

The released amount represents approximately 1.3% of the token's total circulating supply. This volume is substantial relative to typical daily trading activity, potentially introducing sell-side pressure as early participants gain the ability to liquidate their holdings. Market analysis suggests that such unlocks frequently correlate with negative price pressure, particularly when the unlocked volume represents a significant portion of the asset's average daily liquidity.

While specific closing prices for GRAM are currently unavailable in the latest data snapshot, the outlook remains cautious as the market absorbs the new supply. Traders should look toward broader digital asset sentiment for direction, as the upcoming economic calendar shows no direct catalysts for the TON network in the immediate seven-day window. Monitoring exchange inflows will be critical to assessing whether this unlock leads to sustained volatility.