Toncoin price steadies near $2 after Pavel Durov's rebrand plan revives trader interest.

Toncoin price stabilized around $2 following Telegram founder Pavel Durov's proposal to rebrand the token back to Gram and hold a community vote on changing its ticker. This announcement sparked increased trading volume and bullish momentum, with technical indicators showing a double-bottom breakout and resistance levels at $2.11, $2.30, and $2.53. Traders remain optimistic for a move toward $2.80–$3.00 as long as the $1.80 support holds. Despite broader crypto market challenges, Toncoin's ecosystem activity and Telegram's validator role provide additional support for the token's price stability and potential upside.