Why is Gram (prev. Toncoin) moving today?

Gram's 0.5% dip over 24 hours is essentially noise, and there is no Gram-specific news behind it. The token is tracking a broader market that has gone quiet after a strong week: Bitcoin is flat at $84,441 over the same period, while Gram holds $1.41 and a $3.97B market cap. The week-long picture is stronger — Gram is up 5.1% and Bitcoin 10.3% — so today looks like consolidation rather than a move driven by anything at the project level.

The market-wide backdrop is mixed. Sentiment is weighed down by the theft of roughly $350 million from wallets labeled as Bitget's, drained from hot and cold reserves across multiple chains in under an hour, and by New York's lawsuit seeking to block Polymarket from operating without a gambling license.

Macro is also tightening: the US 30-year Treasury yield hit 5.44%, its highest since 2004. Offsetting that, the Federal Reserve opened two GENIUS Act proposals covering stablecoin reserves and a bank issuance process, adding regulatory clarity.