According to Pavel Durov's X post on Nov. 11, Gram traded near $1.15, up 4.5% in 24 hours with a $3.28 billion market cap, currently ranked 29th. The Telegram founder claimed Gram was the only major cryptocurrency trading higher during a market-wide sell-off, and predicted it will eventually break into the top three by market capitalization, arguing it remains "ridiculously undervalued."

On Nov. 9, Durov reported 700,000 self-custodial Telegram wallets were created within 48 hours, enabling users to hold Gram directly through the messenger. The token was renamed from Toncoin in June after 81.22% of token holders voted for the change.

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