Telegram Removed from Apple App Store Sends GRAM Plummeting Amid Solana Surge

Crypto markets are seeing mixed results on Tuesday as iOS's removal of Telegram has weighed heavily on the GRAM token. The token is down 3% at press time, with a contracting price trend and bearish momentum in its daily chart.

The technical analysis shows that GRAM is forming a falling wedge pattern, with the Relative Strength Index (RSI) around 37 indicating firm bearish momentum. A decisive close above $1.44 could open up new resistance levels, while a sustained daily close below $1.29 would confirm the bearish breakout.

In contrast, Solana is showing upside potential as BlackRock filed to issue tokenized fund shares on the network. This move has boosted stablecoin reserves and attracted renewed demand in the memecoin ecosystem.