# Is GRAM Inflationary? +3.54% New Supply in 90 Days

*From https://mrnasdog.com/research/gram, updated Oct 22 2026*

How much new GRAM is coming? **+3.54%** in the next 90 days, **+14.18%** in the next year — checked Oct 12 2026.

- **Signal:** negative for Gram
- **Score:** 2/10 — supply 0.5/5, demand 1.5/5
- **Supply growth:** +3.54% in 90 days · +14.18% in a year
- **How much people want it:** very weak (1.5/5)
- **Price drivers:** 1 ▲ price up · 0 ▼ price down

## What could move Gram's price

What the score misses: 2 drivers. Today 1 push GRAM's price up and 0 push it down.

### ▲ Durov's 7 steps

4 of 7 steps done; Telegram's wallet now open to all users.

Good for the price: Telegram pushes Gram. Bad for it: Telegram steps back. Today: the price-up case.

| Date | What happened / what is coming |
|---|---|
| Apr 9 2026 | Step 1: 10x faster |
| May 4 2026 | Step 2: fees cut 6x |
| May 12 2026 | Telegram top validator |
| Jun 1 2026 | Step 4: TON to Gram |
| Aug 31 2026 | Gram Wallet rollout |
| Oct 9 2026 | Wallet opens to all |
| No date yet | Steps 5 to 7 (coming) |

*Checked Oct 12 2026*

### • TON Strategy

TON Strategy holds 230M GRAM; growth comes from staking, not buying.

Treasury keeps adding → price up · Treasury sells → price down.

| Date | TON Strategy (TONX) |
|---|---|
| Sep 30 2025 | 218 M GRAM |
| Dec 31 2025 | 220 M GRAM |
| Mar 31 2026 | 222 M GRAM |
| Jun 30 2026 | 231 M GRAM |

*Checked Oct 12 2026*

## Where new Gram comes from

Gram, formerly Toncoin, pays a fixed reward per block on a chain that got six times faster. About 51M new GRAM a quarter, plus 48.6M released by a fund and Telegram, push supply up about 3.5% in 90 days.

Gram adds +3.54% new supply in the next 90 days and +14.18% over a year — supply scores 0.5/5 (flooding).

## Demand: how much people want GRAM

Demand reads **very weak** (1.5/5), #81 of 110 coins we track — that is how much people want GRAM now and how much buying could still come.

(Members see more GRAM demand detail on the page; it is not repeated here.)

## Gram supply questions, answered

### Is GRAM inflationary or deflationary?

GRAM is inflationary right now: its supply changes +3.54% over the next 90 days and +14.18% over the next year (checked Oct 12 2026). More GRAM is added than removed.

### What is the GRAM inflation rate in 2026?

About +14.18% a year: that is how much GRAM supply changes over the next 12 months, with +3.54% in the next 90 days (checked Oct 12 2026). That puts GRAM #19 of 101 coins we track for new supply (#1 = the most new supply).

### When is the next GRAM token unlock?

No dated GRAM unlock is scheduled in the next 90 days (checked Oct 12 2026). New GRAM still arrives: about 100M GRAM in 90 days.

### Is any GRAM burned or bought back?

Yes. In our count, about 103K GRAM is expected to leave the market over the next 90 days through burns, buybacks or locks (checked Oct 12 2026). How it works: Half of every fee is burned, but fees are tiny: 98.7K GRAM in 90 days, plus 3.8K sent to the frozen zero address. About 1 GRAM is destroyed for every 516 created.

### Where does new GRAM supply come from?

In our count, about 100M new GRAM reaches the market over the next 90 days (checked Oct 12 2026). How it works: Block rewards paid every 0.4 seconds created 50.95M new GRAM in 90 days (about 51.69M next). Holders took 18.58M out of the Believers Fund, and Telegram's main wallet sent 30M into the market.

### How much GRAM is in circulation?

About 2.83B GRAM is in circulation (checked Oct 12 2026). Over the next 90 days that changes +3.54%, and over a year +14.18%.

### Does GRAM have more new supply than HBAR, TAO or SHIB?

Over the next 90 days (checked Oct 12 2026): GRAM +3.54%, HBAR +0.09%, TAO +2.79%, SHIB 0.00%. GRAM has the most new supply of these 4 coins.

## More on Gram

- Full GRAM inflation analysis (every unlock, burn and buyback): https://mrnasdog.com/research/gram/inflation
- Every coin's new supply, side by side: https://mrnasdog.com/token-supply
- How we read Gram and every other coin: https://mrnasdog.com/research/pressure-framework/full

*Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice.*