Telegram founder Pavel Durov has publicly addressed the performance of GRAM, a digital asset integrated within the messaging platform's ecosystem. Amidst a period of broader market volatility, Durov highlighted the token's resilience, noting that its current valuation does not accurately reflect its utility or potential within the social media infrastructure. This statement comes at a time when many major cryptocurrencies have faced downward pressure, positioning GRAM as a notable outlier in recent trading sessions.
Market Performance and Growth Trends
According to market data recorded on November 11, 2026, the price of GRAM was reported at approximately $0.12, representing a 24-hour increase of 8.07%. This positive price action stands in contrast to what Durov described as a "gloomy" overall cryptocurrency market environment. The CEO emphasized that while other assets struggled, the GRAM token achieved an 8% rise, a metric he utilized to underscore the asset's relative strength against the current bearish trend.
Financial data points for GRAM:
- Initial reported price: $0.12
- Daily growth rate: 8.07%
- Social ecosystem status: Fully integrated
Ecosystem Integration and Market Valuation
Durov’s assessment focuses largely on the token's fundamental role within the Telegram network, describing it as the only digital asset built into a functional social ecosystem with global reach. He expressed a firm belief regarding the project's long-term standing in the industry rankings.
GRAM is severely undervalued and deserves to be among the top three on CoinMarketCap's market capitalization rankings.
The CEO's comments suggest that the market has yet to price in the utility derived from Telegram's massive user base and the blockchain-based features being deployed via the Open Network infrastructure. This disparity between perceived utility and actual market cap remains a focal point for investors tracking the development of Web3 integration in social messaging.
In conclusion, the recent appreciation of GRAM provides a snapshot of divergence in the digital asset space. While the broader market remains uncertain, the backing of Telegram's leadership and the token's integration into the platform's social framework continue to drive its visibility. Whether the asset can fulfill Durov's expectation of reaching a top-three market capitalization remains a matter for future market cycles to determine.
Frequently Asked Questions
Quick answers to the most common questions about this topic.
For educational purposes only. Nothing here constitutes financial or investment advice. Crypto markets are highly volatile — always DYOR before making any decisions.
Fact-checked per our editorial policy. We maintain strict independence from advertisers. Spot an error? Let us know.