Gram rises 8.8% in 24 hours after Binance launches GRAM trading campaign and restores services
AI Market Summary
Binance's GRAM trading campaign and full restoration of deposits, withdrawals, and spot trading reduced post-migration uncertainty and boosted liquidity, driving strong participation. Derivatives data shows volume up ~50% and open interest up ~18%, implying new positioning rather than purely short covering. With price pressing the upper bound of its rising channel, near-term focus shifts to whether demand can sustain momentum or fade after the exchange-led catalyst.
Impact level
● Medium
AI InsightAI Insight
▲ Bullish
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Gram (GRAM) climbed 8.8% over the past 24 hours after Binance launched a GRAM trading campaign and said deposits, withdrawals, and spot trading are fully operational. The move follows the project’s transition from Toncoin (TON) to Gram (GRAM), easing uncertainty tied to the rebrand. Derivatives data show GRAM futures volume jumped more than 50% to nearly $149 million, while open interest rose over 18% to approximately $99 million.
