Crypto & Forex September 28, 2026 0 Comments

GRAM Crypto Surges to 3-Month Peak – Is the $1.80 Breakout Just Around the Corner?

Ever notice how the market sometimes throws you a curveball when you least expect it? That’s exactly what happened with Gram [GRAM]. After months of playing it low, this altcoin suddenly flipped the script, breaking free from its stubborn downtrend and nudging past the $1.60 mark to hit a fresh three-month high—talk about making a comeback! At press time, GRAM was sitting comfortably at about $1.58, enjoying a solid 10% boost on daily charts. But here’s the kicker: spot volume didn’t just creep up; it surged an eye-popping 130% to $215 million. Daily turnover? It shot back up to July’s levels, rocketing to $71 million—clear as day, that’s some serious buying muscle flexing in the market.

So what’s fueling this sudden surge? Rumor has it that whispers about the network’s self-custodial wallet rollout—set to reach over a billion users—have reignited speculative fire under GRAM’s price. Traders haven’t missed a beat either; open interest and derivatives volume have both spiked sharply, signaling renewed enthusiasm and strategic positioning. Does this signal a genuine turnaround, or is it just the market’s latest flirtation with hype? Maybe the smartest move right now is to watch closely and keep your wits about you. Because when momentum looks this strong, but bears remain stubborn, it’s anyone’s guess what’s next on the charts. LEARN MORE

In a major trend reversal, Gram [GRAM] broke out of a multi-month downtrend. In doing so, the altcoin flipped $1.60 and climbed to a three-month high of $1.63 before retracing.

At press time, GRAM was trading around $1.58, up 10% on the daily charts. At the same time, the Spot volume surged 130% to $215 million. Moreover, the altcoin’s daily turnover also rose to July levels, hiking to $71 million, suggesting strong buying pressure in the market.

Why is GRAM crypto rising now?

GRAM made a major upward move amid renewed chatter around the network’s self-custodial wallet. For instance, Khi.ETH noted that the much-anticipated rollout of self-custodial wallets to over one billion users will be complete in the coming weeks.

Bringing the wallet to such a user base is expected to create a long-term boost for the token. Furthermore, GRAM crypto traders returned with strength for strategic positioning.

According to CoinGlass data, the altcoin’s Open interest (OI) rose 17% to $188.6 million as of writing. Over the same period, derivatives volume rose 199% to $186 million.

The jump in both OI and volume indicated higher participation as traders opened new positions.

Meanwhile, GRAM’s Long Short Ratio jumped to a high of 3.4 among Binance’s top traders. On both OKX and Binance, the ratio held above two, with the overall ratio sitting around 1.028.

At these levels, this metric suggested that investors mostly opened leveraged longs expecting more gains on the price charts.

What’s next?

The community speculation over the GRAM ecosystem’s anticipated expansion brought about higher speculative activity, resulting in more gains.

At the time of writing, the Aroon Up line was nearly 100%. Likewise, the MACD has also held on an upward trajectory, further confirming this uptrend.

Under these market conditions, GRAM is well positioned to reclaim $1.60 and target $1.80, where the trend reversed in July.

However, bears have proven stubborn, and profit realization is a major hurdle GRAM faces. For the trend to hold, selling pressure must cool down.

Final summary

GRAM broke out of a downtrend and surged 10%, to a three-month high of $1.62.
GRAM rallied as speculative demand returned amid renewed community chatter over self-custodial wallets.