GRAM Token Surges 9% as Telegram Expands Money Wallet Access
Key Facts
The GRAM token rose 9% to $1.56 following the expanded rollout of the Money non-custodial wallet. crypto.news reported that the rally lifted GRAM’s market capitalization to $4.12 billion, while 24-hour trading volume surged 41% to $132.4 million. Telegram is rolling out the native wallet to its audience of over one billion users to facilitate cryptocurrency transfers directly within the messaging app.
The Money wallet allows users to hold and send the TON blockchain's native token, as well as purchase Telegram gifts and collectible usernames. According to media reports, the expansion follows a phased release strategy first outlined in July to enable instant transfers. While specific price data for the October 9, 2026 session remains qualitative, the token maintains a bullish trajectory based on the integration with Telegram's ecosystem.