Telegram surpasses 700,000 Gram wallet activations
7.1 Adoption Telegram saw over 700,000 Gram wallet activations in 48 hours, driven by the phased rollout and automatic activation when users receive Gram tokens.
Telegram has reported a surge of over 700,000 self-custodial Gram wallet activations within just 48 hours, according to founder Pavel Durov. This rapid growth is linked to the phased rollout of the native Gram Wallet, now known as Money, which is directly integrated into the messaging app. Wallets are automatically activated when users receive Gram tokens, making each transfer a potential new activation. Notably, more than 329,000 wallets were created in a single day. This milestone highlights Telegram's ongoing efforts to expand its crypto ecosystem, including recent updates to the TON network and a gradual rollout of wallet features. The Gram Wallet stands apart from previous Telegram crypto offerings, focusing on enhanced user control over digital assets. It is important to note that the reported figure includes all created wallets, some of which may not yet have onchain transactions, reflecting total creations rather than active usage.
