The Open Network is set to rebrand its cryptocurrency from Toncoin (TON) to Gram (GRAM), a name originally used in its 2018 whitepaper. Telegram founder Pavel Durov announced that this change marks a return to the project's roots and is part of a broader strategy to enhance the network's capabilities in the Web3 space. The transition will take about three weeks, with no alterations to current balances or contracts. The proposal has garnered significant support, with 1.8 million TON tokens, representing nearly 80% of the votes, favoring the rebranding. This initiative is part of the 'Make TON Great Again' roadmap, which has already seen improvements in blockchain speed and reduced transaction fees. Following the announcement, TON's price surged over 15%, climbing from approximately $1.95 to over $2.25, although it has since fallen back to $2.07. The rebranding is seen as a pivotal moment for the network as it aims to create a comprehensive Web3 experience within Telegram for its one billion users.