This article presents the results from a traverse internal cylindrical grinding process conducted using grinding wheels with sol-gel alumina abrasive grains and varying volumes of glass-ceramic vitrified bond. The aim was to determine how changing the bond volume within the range of V b =11.5-14.5 % influenced the wear phenomenon of the microcrystalline sintered corundum abrasive grains and the ceramic bond bridges with glass-crystalline structure. The paper presents grinding wheels with conic chamfer and the most important wear phenomena of the grinding wheel components occurring in the area of contact between the tool and the workpiece material. The work includes the methodology of the experimental tests on the traverse internal cylindrical grinding of bearing rings made from steel 100Cr6 (62±2 HRC). A wide range of test results were analyzed, including machined surface roughness parameters (Ra, Rz, Sm, Δa), grinding power, grinding wheel volumetric wear V s , material removal V w , G-ratio, root-mean-square roundness deviation from mean circle (Δ, rms), grinding wheel edge wear, grinding wheel microtopography parameters (Sa, St, Sdr, Sds), and SEM images of the wear marks on the grinding wheel active surface. The dominant wear phenomena of the grinding wheels with conic chamfer and the influence of the bond volume share on its intensity were experimentally determined. The results show that the decrease in bond volume from V b =14.5 to 11.5 % increases the grinding wheel life by twofold. This was due to a decrease in abrasive wear and plastic flow phenomena and to a greater fracture wear (mostly fatigue and thermal-fatigue). These events led to a periodic shedding of the oxide layer and the plastically deformed grain layer and also revealed the crystals' sharp edges, located below the plastically deformed surface layer.