Pavel Durov Wants to Give a Billion Telegram Users a Crypto Wallet

What happened

Telegram founder Pavel Durov said the platform will add a built‑in crypto wallet for its more than one billion users, allowing them to store and send the Gram token directly within the app.

Confirmed

Global impact / market context

A native wallet gives Gram easy access, potentially expanding its user base and transaction flow, which can boost the token’s utility and attract more investors, while also positioning Telegram as a competitor in crypto payments.

Analyst inference

The announcement lifted Gram’s price about 7%, showing investors’ optimism that a large user base could drive demand for the token and increase trading volume on the Telegram network.

Confirmed

What to watch

1. Watch how quickly Telegram users adopt the new wallet; high adoption could raise Gram’s transaction volume and support a higher token price. Analyst inference
2. Monitor regulatory developments around zero‑fee crypto transfers; stricter rules could limit wallet features and dampen Gram’s growth prospects. Analyst inference
3. Observe competitor actions, such as other messaging apps launching crypto services; successful rivals could divert users and affect Gram’s market share. Analyst inference

Evidence

• decrypt.co