Toncoin (TON) roared higher on Monday, climbing about 11% and pushing above 
roughly $2.30 earlier in the day before cooling slightly. The jump came after 
Telegram founder and CEO Pavel Durov announced that The Open Network’s native 
token will be renamed from Toncoin to “Gram” over the next three weeks. TON 
Shift To ‘Gram’ Durov said the rebranding is more than marketing. “TON&#8217;s 
native currency is becoming Gram,” he wrote, adding that “Gram was the 
original name of TON&#8217;s currency in the first white paper.” In his message, he 
described the move as a return to the network’s roots and the start of what he 
called “a new chapter.” He also framed the rename as “step 4 of 7 to Make TON 
Great Again,” referring to a broader roadmap he has disclosed in his personal 
Telegram channel since May. Durov stated that the blockchain will remain 
called TON, and that the three-week transition will not require holders, 
validators, or DeFi integrations to take action. Existing TON balances, he 
said, will continue to function normally and will trade under the GRAM ticker 
once exchanges and wallets update their systems. Related Reading: BNB Extended 
Price Target Says $780 Is Coming, But What About $1,000? As reported by The 
Defiant, the Gram label carries the heaviest legal baggage in TON’s timeline. 
Telegram previously raised about $1.7 billion in two presale rounds in 2018 
for “Gram” tokens that were never ultimately issued. Later, in October 2019, 
the US Securities and Exchange Commission (SEC) obtained an emergency action 
halting the offering, describing it as an unregistered securities sale. The 
legal fallout continued into a later resolution. A settlement reached in June 
2020 required Telegram to return $1.2 billion to investors and pay an $18.5 
million penalty. Three More Steps Coming Durov’s announcement also points to 
“step 4” as part of a sequence of upgrades he pushed through after taking over 
validator responsibilities in May. Under those earlier steps, the network 
rolled out Catchain 2.0, aimed at enabling sub-second block finality. Durov 
also highlighted Telegram’s role in validation, saying that Telegram itself 
became the network’s largest validator with millions of tokens staked via the 
messenger’s own infrastructure. Related Reading: Pundit Shares Why Most People 
Will Miss The XRP Run Still, there is more to come. Durov said three 
additional steps remain in his seven-step roadmap, though he has not publicly 
outlined what those steps will involve. Since Durov’s announcement earlier in 
the day, TON trades at $2.11 at the time of writing. Even with the pullback, 
the token is still showing major gains—up about 56% over the monthly 
period—though it remains roughly 75% below its all-time high of $8.25. 
Featured image created with OpenArt; chart from TradingView.com

Toncoin (TON) roared higher on Monday, climbing about 11% and pushing above roughly $2.30 earlier in the day before cooling slightly. The jump came after Telegram founder and CEO Pavel Durov announced that The Open Network’s native token will be renamed from Toncoin to “Gram” over the next three weeks. TON Shift To ‘Gram’ Durov &#8230;

Bullish Shift For TON: Price Breaks Above $2 Following Telegram CEO’s Gram News

Burning the remaining escrow is an option Ripple has not ruled out, though its 
own chief architect has questioned whether doing so would actually move the 
price. David Schwartz pointed to a 2019 decision by the Stellar Development 
Foundation, which destroyed 55 billion XLM — half of its total supply — 
without triggering any noticeable price movement. Related Reading: Could XRP 
Hit $10 This Bull Run? World’s Highest IQ Holder Thinks So A Complicated 
Question On Burning Schwartz said Ripple could unilaterally ensure the locked 
tokens never enter circulation, and he added the company could replicate the 
effect of selling escrow by transferring control of the account that the 
escrow completes into. CEO Brad Garlinghouse, for his part, said he does not 
rule anything out when asked about permanently destroying the reserves. The 
comments come as Ripple completed its latest scheduled monthly escrow release, 
unlocking 1 billion XRP across three separate transactions worth more than 
$1.33 billion, according to on-chain tracker Whale Alert. 🔓 🔓 🔓 🔓 🔓 🔓 
100,000,000 $XRP (133,215,296 USD) unlocked at #Ripplehttps://t.co/Sh73Tf22at 
— Whale Alert (@whale_alert) June 1, 2026 The largest of the three moved 500 
million XRP, valued at roughly $666 million. A second transaction transferred 
400 million XRP at around $533 million, while a final transfer released 100 
million XRP worth approximately $133 million. How Much Is Left Of the 100 
billion XRP that will ever exist, about 61.85 billion are currently in 
circulation, based on Binance market data from early June 2026. That leaves 
Ripple holding roughly 38.15 billion XRP still locked in escrow. The monthly 
billion-XRP unlock does not mean a billion tokens flood the open market each 
time. Ripple re-escrows a large portion of what it unlocks, keeping only a 
fraction for its own use. Each returned batch effectively adds another month 
to the back end of the escrow schedule. Related Reading: Bitcoin Faces 
Prolonged Downtrend Through 2027, Analyst Warns When Escrow Ends Schwartz has 
also said the company voluntarily returns whatever XRP it expects it will not 
need, want, or use back into the system. That practice makes it hard to pin 
down exactly when the escrow will be emptied. The XRP Ledger caps total supply 
at exactly 100 billion tokens, a fixed ceiling that cannot be changed. 
Featured image from Unsplash, chart from TradingView

Burning the remaining escrow is an option Ripple has not ruled out, though its own chief architect has questioned whether doing so would actually move the price. David Schwartz pointed to a 2019 decision by the Stellar Development Foundation, which destroyed 55 billion XLM — half of its total supply — without triggering any noticeable &#8230;

Ripple Moves 1 Billion XRP In Latest Monthly Escrow Release

Binance will let non-U.S. users trade more than 7,000 U.S. stocks and ETFs 
with zero commissions and fractional purchases. The exchange also plans to 
introduce “bStocks,” allowing eligible users to tokenize certain equities on 
BNB Chain. Richard Teng Pushes Binance Into U.S. Equities Binance is moving 
deeper into traditional finance with a plan to offer […]

Binance will let non-U.S. users trade more than 7,000 U.S. stocks and ETFs with zero commissions and fractional purchases. The exchange also plans to introduce “bStocks,” allowing eligible users to tokenize certain equities on BNB Chain. Richard Teng Pushes Binance Into U.S. Equities Binance is moving deeper into traditional finance with a plan to offer &#8230;

Binance Opens 7,000 US Stocks to Global Users With Commission-Free Access

Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but 
early bullish positioning in BTC derivatives may signal the start of a 
recovery.

Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.

Bitcoin bulls eye fresh positions after BTC price drops under $71K

Chainlink is struggling below $10 as selling pressure and broader market uncertainty keep the price pinned beneath a resistance level that has capped every recovery attempt in recent weeks. The price action is frustrating — but data from analyst MorenoDV has identified a structural development in the exchange flow data that reframes what the current weakness is actually occurring against. Related Reading: Ethereum Flashes A Rare Signal As Open Interest Reaches Highest Level Since 2019 Binance currently custodies approximately 85.1 million LINK worth roughly $766 million — representing 66.4% of the 128.26 million LINK held across all exchanges combined. That concentration is the first structural fact that changes how any Binance-specific LINK flow data should be interpreted. When two-thirds of all exchange-held LINK sits on a single venue, extreme netflow days on that venue are not reflecting broad market behavior. They are Binance-specific imbalances that effectively set the supply tone for the entire LINK market. The reserve chart that MorenoDV examines tells a clean and directional story across a multi-year timeframe. Since the 2022 to 2023 peaks when Binance reserves approached 145 million LINK, the holdings have tracked a well-defined descending channel and now sit near the lower boundary at approximately 85 million. The intermittent upward spikes visible in the data are real but temporary — bursts rather than trend reversals. The dominant behavioral pattern across the entire period is coins leaving the platform. The netflow data confirms the mechanism behind that structural decline — and what it reveals about who is moving LINK and why changes the interpretation of the current price weakness considerably. Inflow Spikes Are Noise The MorenoDV analysis draws the distinction that prevents the intermittent inflow bursts from being misread as accumulation events. Positive netflow spikes in LINK&#8217;s Binance data cluster around volatile periods — moments when price is already moving. And the pattern that follows them is more consistent with sell pressure arriving than with genuine buying conviction building. Chainlink Exchange Netflow on Binance | Source: CryptoQuant Inflow-heavy spikes have more frequently been followed by weaker closes over the subsequent one to three days than by price strength. The behavioral interpretation is straightforward: deposits arriving ahead of sell pressure or redistribution activity rather than reflecting holders moving coins onto the exchange to buy more. The timing of inflows relative to price weakness confirms the direction of intent more often than not. The critical distinction the analysis establishes is between inflow activity and accumulation. LINK is frequently deposited to Binance and then withdrawn shortly after. Moving to self-custody wallets or rival venues rather than converting into exchange selling. The result is a pattern of short-term inflow noise sitting above a reserve line that keeps drifting structurally lower. Regardless of the temporary spikes that periodically interrupt the trend. The structural decline on Binance is not being driven by any single event or any cluster of inflow bursts. It is the cumulative expression of a market where the dominant behavior — coins leaving Binance permanently — has persisted through every temporary inflow spike without reversing the underlying direction. That persistent structural outflow is the signal. Everything else is noise sitting on top of it. Related Reading: Uniswap Price Slides As Binance Absorbs Millions Of Tokens – Traders Are Watching Chainlink Stuck At Critical Long-Term Support On the weekly timeframe, Chainlink remains trapped in a prolonged downtrend that has defined most of the price action since the late-2024 highs near $30. LINK currently trades around $9, a level that has repeatedly acted as a major support zone throughout 2025 and 2026. While sellers continue to dominate the broader structure, the chart suggests that bears are struggling to force a decisive breakdown below this area. Chainlink consolidates around long-term support level | Source: LINKUSDT chart on TradingView The most notable feature is the compression taking place around the $8.50–$9.50 range. After the sharp decline from the $25 region, LINK has spent several months building a base above support rather than continuing lower. This behavior often reflects a period of equilibrium between long-term buyers and sellers as the market searches for direction. Related Reading: HYPE Whale Bets Grow Larger As Institutional-Linked Accumulation Reaches $170M However, the trend remains technically bearish. LINK trades below the 50-week, 100-week, and 200-week moving averages, all of which continue to slope downward. The 50-week moving average near $14 and the 100-week moving average around $15.5 now represent major resistance levels that bulls must reclaim to confirm a structural trend reversal. For now, $8.50 remains the key support to watch. Holding this level keeps the possibility of a long-term accumulation range intact. While a breakdown could expose the 2023 consolidation region between $6 and $7. Reclaiming $10.50 would be the first signal that buyers are regaining control. Featured image from ChatGPT, chart from TradingView.com

Chainlink is struggling below $10 as selling pressure and broader market uncertainty keep the price pinned beneath a resistance level that has capped every recovery attempt in recent weeks. The price action is frustrating — but data from analyst MorenoDV has identified a structural development in the exchange flow data that reframes what the current &#8230;

Chainlink Sends A Rare Signal As 66% Of Exchange Supply Sits On Binance

Anchorage Digital, home to the only federally chartered crypto bank in the 
United States, has launched Coordinated Multiparty Settlement (CMS) powered by 
Atlas, a new infrastructure layer designed to bring institutional digital 
asset trading in line with the market structure that governs traditional 
finance (TradFi). What CMS Actually Does According to Anchorage’s 
announcement, the core […]

Anchorage Digital, home to the only federally chartered crypto bank in the United States, has launched Coordinated Multiparty Settlement (CMS) powered by Atlas, a new infrastructure layer designed to bring institutional digital asset trading in line with the market structure that governs traditional finance (TradFi). What CMS Actually Does According to Anchorage’s announcement, the core &#8230;

Bullish Shift For TON: Price Breaks Above $2 Following Telegram CEO’s Gram News

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