Telegram's Gram Wallets Pass 1 Million in 48 Hours as GRAM Price Climbs 10.23%
Key Takeaways
- •Telegram's self-custodial Gram wallet recorded more than one million activations within 48 hours of launch, according to an announcement by founder Pavel Durov on November 11.
- •A screenshot accompanying the announcement showed a precise count of 1,008,151 activations, with additional wallets continuing to activate after the milestone was reached.
- •The GRAM token climbed 10.23% in 24 hours to trade at $1.18, reaching a market capitalization of nearly $3.39 billion and ranking as the top gainer in CoinMarketCap's top 100 cryptocurrencies.
- •Wallet activations reflect registrations rather than active usage, so metrics such as transaction counts and active addresses would be needed to gauge sustained engagement.
- •The one million activations represent a small fraction of Telegram's global user base in the hundreds of millions, framing the surge as an early-stage adoption figure.
Telegram's self-custodial Gram wallet has surpassed one million activations within 48 hours of launch, according to an announcement from Telegram founder Pavel Durov on November 11. The adoption milestone arrived alongside a strong market showing for the GRAM token, which climbed 10.23% over a 24-hour period and stood out among the leading gainers in CoinMarketCap's top 100 cryptocurrencies.
Over 1 Million Gram Wallet Activations Recorded in 48 Hours
Durov shared the news on X on November 11, reporting that more than one million self-custodial Gram wallets had been activated on Telegram within just two days of launch. In the same post, he noted that GRAM was up 10% over 24 hours, making it the number one gainer in the CMC top 100 at the time.
1M+ self-custodial Gram wallets activated on Telegram in just 48 hours. $GRAM is up 10% in 24h, the #1 gainer in the CMC top 100.
— Pavel Durov (@durov) November 11, 2026
A screenshot accompanying the announcement provided a more precise count of 1,008,151 activations at the time it was captured. The image also showed that the most recently recorded wallet activation had occurred roughly four minutes earlier, implying that additional wallets were continuing to come online after the milestone was reached.
The pace of the rollout highlights Telegram's ability to bring the cryptocurrency sector directly into its messaging environment. Rather than requiring users to move between separate applications or platforms, wallet services can be accessed within a single, familiar interface. The self-custodial design is a particularly relevant aspect of the launch, as it ensures users retain direct control over their crypto wallets instead of relying on a third-party service that holds the assets. This model differs from custodial wallet offerings, in which a service provider stores and manages assets on behalf of its users. Under the self-custodial approach, responsibility for safeguarding wallet access also rests with the individual holder rather than a company — a structural distinction that shapes how users secure and manage their assets day to day.
GRAM Price Rises 10.23% in 24 Hours
The wallet milestone was complemented by solid market performance. Data displayed alongside the announcement showed GRAM trading at $1.18, a 24-hour increase of 10.23%, with a market capitalization of nearly $3.39 billion. Durov's post additionally described the token as the top gainer within CoinMarketCap's ranking of the 100 largest cryptocurrencies, placing it among the strongest performers in the broader market during the period. That market capitalization level is what positioned GRAM within CoinMarketCap's top-100 cohort in the first place — the same list on which it claimed the day's leading gain.
These figures underscore the token's price momentum as wallet activations continued to expand. The two indicators nonetheless measure adoption in different ways: wallet activations reflect registrations, while price movements are driven by market trading activity.
Wallet Activations Do Not Equal Active Users
Reaching one million activations does not necessarily mean that every one of those wallets is actively holding or transferring GRAM. Metrics such as transaction counts, active addresses, and repeat usage would offer a clearer picture of sustained activity beyond the initial signup surge.
Telegram Expands Its Crypto Ecosystem
The latest statistics illustrate how Telegram, a messaging platform with a global user base in the hundreds of millions, is increasingly evolving into a service with integrated crypto wallet functions. The incorporation of self-custodial wallets into a mainstream application may lower the barriers to entry for users who wish to explore digital assets, allowing them to get started without navigating external platforms or custodial services. Set against that user base of hundreds of millions, one million activations still represent a small fraction of the platform's total audience — context that frames the surge as an early-stage figure rather than a saturation point.
One million wallet activations in 48 hours and a 10.23% gain over 24 hours mark significant developments for GRAM. Whether this initial growth translates into consistent, long-term engagement remains a key metric to monitor.
Source: Crypto Ninjas — Telegram's Gram Wallets Pass 1 million in 48 Hours, GRAM Price Climbs 10.23%
