Toncoin (GRAM) perpetual market

The Open Network, known as TON, is a layer-1 blockchain whose native token is Toncoin. It originated from a project started by Telegram founders Pavel and Nikolai Durov, who abandoned the effort in 2020 after a regulatory dispute in the United States, after which an independent community took over development under the TON Foundation. TON is designed for high throughput and scalability through a sharded, multi-chain architecture, and secures itself with proof-of-stake. Its close integration with the Telegram messaging app, including in-app wallets and mini-applications, gives it access to a very large user base and has driven adoption in payments and consumer applications. Toncoin is used for transaction fees, staking to secure the network, governance and payment for on-chain services such as decentralized storage and naming. TON is positioned as a mass-market, consumer-facing blockchain.