GRAM crypto surged 10% to hit a three-month high of $1.62, driven by renewed speculative activity around Telegram’s self-custodial wallet rollout. Spot volume jumped 130% to $215 million, while open interest rose 17% to $188.6 million and derivatives volume surged 199% to $186 million. The Long Short Ratio among Binance’s top traders climbed to 3.4, indicating a predominance of leveraged long positions. Under these market conditions, GRAM is now targeting $1.80, where the trend reversed in July, though selling pressure remains a major hurdle to sustained upward movement.
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