Why is Gram (prev. Toncoin) up today?

No Gram-specific news is driving today's 1.1% gain to $1.43 — the token is tracking a broader market that has stayed resilient under macro stress. The dominant story is rates: the 10-year US Treasury yield climbed to 5.22%, a decades-high, and traders unwound roughly $1.7 billion in leverage, yet Bitcoin held near $84,000 (currently $83,646, down 0.9% on the day). Gram's mild outperformance over BTC comes on thin turnover of $58.1M against a $4.03B market cap, so small flows move the price.

On the regulatory side, the SEC issued clarifications easing token and staking classification, a sentiment tailwind for alt-Layer-1 assets, even as Commissioner Hester Peirce — crypto's most vocal ally at the agency — formally resigned, removing a familiar advocate from the commission. In Europe, the EBA is pushing for crypto lending rules, including leverage caps and DeFi certification.

Counterweighing that is last night's Bitget breach, where roughly $350 million was drained from hot and cold wallets across multiple chains — a reminder that exchange risk remains a live drag on sentiment.