Telegram 計畫推出面向 10 億用戶的 GRAM 錢包，運作模式與後續發展受關注

Telegram's plan to ship a native, non-custodial Gram wallet to 1B+ users is a major distribution catalyst that can reduce onboarding friction and expand potential transfer activity. However, the news is optionality rather than proven adoption: durable impact depends on funded wallets, recurring usage, payments conversion, and exchange liquidity. High reported supply concentration (64.34% in whale-class addresses) increases sensitivity to large-holder flows during the launch window.