Telegram's GRAM Token Surges on Native Wallet Announcement

Telegram's GRAM token has seen a 10% price jump in the past 24 hours, reaching an intraday high of $1.59 as traders react to the planned rollout of a native non-custodial wallet within the messaging app.

The wallet will be integrated directly into Telegram and is expected to allow users to send cryptocurrencies instantly without fees while keeping full control over their assets.

Telegram founder Pavel Durov described the launch as the 'largest rollout of a non-custodial crypto wallet in human history.'

While some details remain unresolved, such as how Telegram plans to offer fee-free transfers and whether identity verification will be required for certain services, the announcement has fueled expectations that crypto transfers could become significantly easier for Telegram's global user base.