Golem
GLM Rank 218 Rank 218
$0.155502 (+6.11%)

Golem GLM price:

$0.155502 (+6.11%)
1h-0.84%
24h+6.11%
Week-11.75%
Month-35.57%
Year-52.89%
ETH 0.000075 (-5.04%)
BTC 0.00000225 (-1.40%)
$0.145386 24h Range $0.157109
The live Golem price today is $0.155502, with a 24-hour trading volume of $4,990,114.04. GLM has changed +6.11% in the last 24 hours.

Golem (GLM) Metrics

Basic info
Source code
Asset type
Contract Address
Explorers
Market Cap Rank 218
$155,501,622.00 BTC 2,254.00
All Time High
$1.25 08 Jan 18 % to ATH (706.28%)
Volume (24h) Rank 401
$4,990,114.04 BTC 72.32
Circulating Supply
Update supply form
1,000,000,000 Total:1,000,000,000 Max: 1,000,000,000

Golem Price Chart Live

Price Chart

Zoom:
Price change:
High: Low:
real time price:
For more data check CoinPaprika API

Golem (GLM)

What is Golem?

Golem (GLM) is a decentralized computing network launched in 2016 by the Golem Factory. It was created to provide a global, open-source, and decentralized supercomputer that allows users to buy and sell computational resources. This platform operates on the Ethereum blockchain, utilizing smart contracts to facilitate transactions and resource sharing between users. The native token, GLM, serves as a utility token within the Golem ecosystem, enabling payments for computational tasks and services. Users can earn GLM by renting out their computing power, while requesters pay in GLM for the resources they need. Golem stands out for its innovative approach to distributed computing, allowing for cost-effective and scalable solutions for tasks such as CGI rendering, scientific computation, and machine learning. This positions Golem as a significant player in the decentralized computing space, offering an alternative to traditional cloud computing services by leveraging blockchain technology.

When and how did Golem start?

Golem originated in November 2016 when the founding team, led by Julian Zawistowski, released its whitepaper. The project aimed to create a decentralized marketplace for computing power. Golem's development milestones began with the launch of its testnet in 2016, followed by the mainnet release in April 2018, which marked its initial public availability. The token's initial distribution was conducted through an Initial Coin Offering (ICO) in November 2016, raising approximately $8.6 million. These foundational steps were crucial in establishing Golem's platform, which allows users to buy and sell computational resources on a global scale.

What’s coming up for Golem?

According to official updates, Golem is preparing for several significant milestones. A primary focus is on enhancing the protocol's scalability and user experience, with a particular emphasis on integrating new resource-sharing capabilities. One of the upcoming features includes a protocol upgrade aimed at improving transaction efficiency, targeted for release in the next quarter. Additionally, Golem is working on expanding its ecosystem through strategic partnerships, which are expected to enhance the platform's functionality and reach. These initiatives are part of a broader roadmap designed to solidify Golem's position in the decentralized computing space. Progress on these developments can be tracked through their official communication channels and repositories.

What makes Golem stand out?

Golem stands out through its decentralized marketplace for computing power, leveraging a unique peer-to-peer network architecture. This design enables users to rent out spare computing resources, facilitating a cost-effective and scalable solution for complex computational tasks. Golem's platform is built on Ethereum, utilizing smart contracts to manage transactions and ensure security and transparency. The ecosystem supports a wide range of applications, from CGI rendering to scientific computations, thanks to its flexibility and robust API. Golem's open-source nature encourages community-driven development, fostering innovation and adaptability. Additionally, its partnerships with various tech entities enhance its capabilities and integration potential, contributing to its distinctive role in the decentralized computing landscape.

What can you do with Golem?

The GLM token is used primarily for transactions and as a utility token within the Golem network. Users can leverage GLM to pay for computing resources on the Golem platform, which allows them to access distributed computing power for tasks such as rendering, machine learning, or scientific calculations. Holders of GLM can also participate in governance, contributing to decision-making processes regarding network upgrades and policy changes. Developers benefit from Golem by building decentralized applications (dApps) that utilize the network's computing resources, integrating with the platform through available SDKs and APIs. The Golem ecosystem supports various wallets that facilitate the storage and transfer of GLM, ensuring seamless interaction with the network's services.

Is Golem still active or relevant?

Golem remains active, with recent developments and community engagement indicating its ongoing relevance. As of 2023, Golem has continued to release updates, with the latest version improvements focusing on enhancing the platform's decentralized computing capabilities. The project regularly updates its GitHub repository, showing consistent development activity. Golem is actively traded on several exchanges, maintaining a presence in the cryptocurrency market. The platform has been involved in various integrations, such as collaborations with other blockchain projects to expand its utility in decentralized computing. Additionally, Golem's community governance structure shows active participation, with recent proposals and votes demonstrating a committed user base. These factors collectively underscore Golem's sustained activity and relevance in the decentralized computing sector.

Who is Golem designed for?

Golem is designed for developers and businesses seeking to harness decentralized computing power. It enables these users to distribute and monetize computational tasks across a global network, facilitating efficient processing of complex calculations and rendering tasks. The platform provides tools and resources, such as APIs and SDKs, to support integration and development, allowing users to tap into a marketplace where they can buy and sell computing resources. Secondary participants, like individual contributors and node operators, engage by offering their unused computing power in exchange for rewards. This setup fosters a collaborative ecosystem where resources are efficiently utilized, benefiting both providers and consumers of computational power.

How is Golem secured?

Golem is secured through a decentralized network model that leverages the Ethereum blockchain for transaction settlement and smart contract execution. It uses Ethereum's consensus mechanism, which is currently transitioning from Proof of Work (PoW) to Proof of Stake (PoS) with Ethereum 2.0. In this setup, validators are responsible for confirming transactions and maintaining network integrity. Golem employs cryptographic techniques such as ECDSA (Elliptic Curve Digital Signature Algorithm) for authentication and data integrity, ensuring that transactions are secure and verifiable. Participant incentives are aligned through Ethereum’s PoS model, where validators are rewarded with transaction fees and block rewards for their participation. The network also incorporates slashing penalties to discourage malicious behavior, ensuring that validators act in the network's best interest. Golem benefits from Ethereum's robust security measures, including regular audits, a well-established governance process, and client diversity, which contribute to the overall resilience and security of the network.

Has Golem faced any controversy or risks?

Golem has encountered certain risks and challenges typical of decentralized computing platforms. One notable incident occurred in 2018 when a security vulnerability was discovered in the Golem Brass Beta, which could have potentially allowed malicious actors to exploit the network. The Golem team promptly addressed this issue by releasing a patch to secure the platform, demonstrating their commitment to maintaining the network's integrity. Additionally, like many blockchain projects, Golem faces ongoing risks related to market volatility, regulatory changes, and technical challenges. The team actively mitigates these risks through regular security audits, continuous development, and community engagement to ensure transparency and adaptability. While Golem has not been involved in significant regulatory or legal disputes, the project remains vigilant in navigating the evolving landscape of blockchain technology to minimize potential controversies.

Golem (GLM) FAQ – Key Metrics & Market Insights

Where can I buy Golem (GLM)?

Golem (GLM) is widely available on centralized cryptocurrency exchanges. The most active platform is Binance Futures, where the GLM/USDT trading pair recorded a 24-hour volume of over $3 531 448.43. Other exchanges include Binance and WhiteBIT.

What's the current daily trading volume of Golem?

As of the last 24 hours, Golem's trading volume stands at $4,990,114.04 , showing a 14.99% increase compared to the previous day. This suggests a short-term increase in trading activity.

What's Golem's price range history?

All-Time High (ATH): $1.25
All-Time Low (ATL): $0.008797

Golem is currently trading ~87.60% below its ATH and has appreciated +2,088% from its ATL.

What's Golem's current market capitalization?

Golem's market cap is approximately $155 501 622.00, ranking it #218 globally by market size. This figure is calculated based on its circulating supply of 1 000 000 000 GLM tokens.

How is Golem performing compared to the broader crypto market?

Over the past 7 days, Golem has declined by 11.75%, underperforming the overall crypto market which posted a 7.49% gain. This indicates a temporary lag in GLM's price action relative to the broader market momentum.

News All News

Education All Education

Golem Basics

WhitepaperGolem WhitepaperOpen
Development status Beta version
Org. Structure Centralized
Open SourceYes
Consensus Mechanism Not mineable
Algorithm None
Hardware wallet Yes
Website
WalletCoins Mobile App
Source code
Asset typeToken
Contract Address
Explorers (2)
Tags
  • Platform (367)
  • Smart Contracts (579)
  • Internet Of Things (34)
  • Monetization (146)
  • AI (Artificial Intelligence) (543)
  • Big Data & Data Storage (153)
  • Computing & Cloud Infrastructure (49)
  • Software (41)
  • Ethereum (ETH) Token (ERC-20) (13346)
  • Polygon (MATIC) Token (1472)
  • Payments (189)
  • Distributed Computing (26)
  • Web3 (73)
  • DePIN (125)
Blog
Facebook
Faq
Reddit

Similar Coins

Golem Team

Name
Position
Other

Golem Exchanges

Golem Markets

By Volume
All CEX DEX
* Price / Volume Excluded - Outlier detected
** Volume Excluded - markets with no fees and transaction mining
*** Volume Excluded - no fresh data from exchange API

Other coins worth interest - similar to Golem

# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
80 Filecoin Filecoin FIL $830 850 376 $1.101591 $239 258 043 754,227,396
Filecoin 7d price chart+19.53%
272 Quantum Resistant Ledger Quantum Resistant Ledger QRL $101 117 987 $1.49 $86 785.97 67,937,170
Quantum Resistant Ledger 7d price chart-19.57%
342 Holo Holo HOT $69 339 654 $0.000390 $5 265 833 177,619,433,541
Holo 7d price chart+2.47%
365 Siacoin Siacoin SC $64 596 177 $0.001153 $5 014 626 56,025,636,522
Siacoin 7d price chart-1.13%
367 aelf aelf ELF $64 513 044 $0.078785 $1 040 024 818,846,262
aelf 7d price chart-2.43%
Top coins with Software Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
53 Ethereum Classic Ethereum Classic ETC $1 474 366 461 $9.47 $139 766 747 155,676,748
Ethereum Classic 7d price chart+12.54%
281 Qtum Qtum QTUM $97 282 986 $0.970381 $12 059 238 100,252,344
Qtum 7d price chart+2.26%
458 Constellation Constellation DAG $44 621 467 $0.012569 $737 873 3,549,997,434
Constellation 7d price chart-9.47%
491 Enjin Coin Enjin Coin ENJ $39 855 745 $0.020581 $6 523 133 1,936,488,972
Enjin Coin 7d price chart+0.93%
814 Elastos Elastos ELA $13 625 508 $0.609853 $293 820 22,342,297
Elastos 7d price chart-20.26%
Top coins with Monetization Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
5 BNB BNB BNB $87 908 595 063 $631.60 $1 544 993 248 139,184,442
BNB 7d price chart+4.50%
64 KuCoin Token KuCoin Token KCS $1 183 715 492 $8.96 $3 513 348 132,155,022
KuCoin Token 7d price chart+9.60%
184 THETA THETA THETA $204 035 486 $0.204035 $8 072 665 1,000,000,000
THETA 7d price chart+3.83%
190 Decentraland Decentraland MANA $199 110 553 $0.102515 $13 175 636 1,942,255,184
Decentraland 7d price chart+4.83%
191 SwissBorg SwissBorg BORG $197 074 672 $0.200334 $807 051 983,729,858
SwissBorg 7d price chart+5.83%
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
47 BitTensor BitTensor TAO $1 789 780 392 $186.48 $103 270 594 9,597,491
BitTensor 7d price chart+2.31%
54 Near Protocol Near Protocol NEAR $1 475 006 602 $1.24 $261 453 198 1,185,165,436
Near Protocol 7d price chart+23.18%
84 Render Render RENDER $788 403 630 $1.52 $32 905 647 517,690,747
Render 7d price chart+8.35%
108 Virtuals Protocol Virtuals Protocol VIRTUAL $458 123 796 $0.706333 $117 807 194 648,594,347
Virtuals Protocol 7d price chart+15.27%
110 Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET $451 350 727 $0.172934 $37 335 442 2,609,959,126
Artificial Superintelligence Alliance 7d price chart+5.54%
Top coins with Polygon (MATIC) Token Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
3 Tether Tether USDT $177 586 928 644 $1.000939 $66 003 661 066 177,420,277,588
Tether 7d price chart+0.10%
6 USDC USDC USDC $75 374 495 453 $1.000572 $14 179 229 212 75,331,387,386
USDC 7d price chart+0.04%
14 Wrapped Liquid Staked Ether 2.0 Wrapped Liquid Staked Ether 2.0 WSTETH $9 050 886 146 $2 545.44 $10 374 716 3,555,731
Wrapped Liquid Staked Ether 2.0 7d price chart+6.81%
15 Wrapped Bitcoin Wrapped Bitcoin WBTC $9 027 238 802 $68 816.71 $425 076 355 131,178
Wrapped Bitcoin 7d price chart+3.98%
18 WETH WETH WETH $7 813 679 736 $2 074.85 $574 337 102 3,765,896
WETH 7d price chart+6.73%
Top coins with Distributed Computing Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
47 BitTensor BitTensor TAO $1 789 780 392 $186.48 $103 270 594 9,597,491
BitTensor 7d price chart+2.31%
184 THETA THETA THETA $204 035 486 $0.204035 $8 072 665 1,000,000,000
THETA 7d price chart+3.83%
209 OriginTrail OriginTrail TRAC $170 028 065 $0.340060 $2 167 578 499,995,033
OriginTrail 7d price chart+3.34%
266 Theta Fuel Theta Fuel TFUEL $104 688 399 $0.014457 $2 786 791 7,241,412,162
Theta Fuel 7d price chart-0.30%
289 Akash Network Akash Network AKT $94 474 751 $0.327179 $3 523 790 288,755,948
Akash Network 7d price chart+2.68%
Top coins with Web3 Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
84 Render Render RENDER $788 403 630 $1.52 $32 905 647 517,690,747
Render 7d price chart+8.35%
110 Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET $451 350 727 $0.172934 $37 335 442 2,609,959,126
Artificial Superintelligence Alliance 7d price chart+5.54%
157 The Graph The Graph GRT $272 627 109 $0.028552 $15 479 854 9,548,531,509
The Graph 7d price chart+7.27%
184 THETA THETA THETA $204 035 486 $0.204035 $8 072 665 1,000,000,000
THETA 7d price chart+3.83%
209 OriginTrail OriginTrail TRAC $170 028 065 $0.340060 $2 167 578 499,995,033
OriginTrail 7d price chart+3.34%
Top coins with DePIN Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
80 Filecoin Filecoin FIL $830 850 376 $1.101591 $239 258 043 754,227,396
Filecoin 7d price chart+19.53%
84 Render Render RENDER $788 403 630 $1.52 $32 905 647 517,690,747
Render 7d price chart+8.35%
133 BitTorrent BitTorrent BTT $337 491 513 $0.000000 $7 546 613 987,037,885,840,675
BitTorrent 7d price chart+0.06%
157 The Graph The Graph GRT $272 627 109 $0.028552 $15 479 854 9,548,531,509
The Graph 7d price chart+7.27%
161 IOTA IOTA IOTA $264 336 837 $0.072410 $5 987 524 3,650,535,129
IOTA 7d price chart+8.63%
Top coins with Platform Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
11 Cardano Cardano ADA $11 859 617 069 $0.308427 $929 451 427 38,451,959,435
Cardano 7d price chart+12.80%
32 Avalanche Avalanche AVAX $4 091 436 979 $9.69 $616 638 332 422,275,285
Avalanche 7d price chart+9.60%
33 Sui Sui SUI $3 865 223 762 $1.004953 $640 260 537 3,846,172,527
Sui 7d price chart+8.34%
45 Aave Aave AAVE $1 839 035 791 $122.01 $345 449 528 15,073,211
Aave 7d price chart-0.65%
53 Ethereum Classic Ethereum Classic ETC $1 474 366 461 $9.47 $139 766 747 155,676,748
Ethereum Classic 7d price chart+12.54%
Top coins with Internet Of Things Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
161 IOTA IOTA IOTA $264 336 837 $0.072410 $5 987 524 3,650,535,129
IOTA 7d price chart+8.63%
166 Helium Helium HNT $252 266 928 $1.42 $11 323 798 177,394,590
Helium 7d price chart-12.09%
191 SwissBorg SwissBorg BORG $197 074 672 $0.200334 $807 051 983,729,858
SwissBorg 7d price chart+5.83%
386 XYO XYO XYO $60 065 651 $0.004312 $5 119 467 13,931,216,938
XYO 7d price chart+1.09%
450 IoTeX IoTeX IOTX $46 000 513 $0.004872 $1 872 647 9,441,368,979
IoTeX 7d price chart-9.98%
Top coins with Smart Contracts Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
2 Ethereum Ethereum ETH $250 109 340 813 $2 076.87 $16 969 286 358 120,426,316
Ethereum 7d price chart+6.84%
5 BNB BNB BNB $87 908 595 063 $631.60 $1 544 993 248 139,184,442
BNB 7d price chart+4.50%
7 Solana Solana SOL $51 179 494 606 $89.98 $4 575 378 409 568,787,949
Solana 7d price chart+10.65%
8 TRON TRON TRX $24 692 204 914 $0.285911 $637 886 105 86,363,298,503
TRON 7d price chart+2.49%
11 Cardano Cardano ADA $11 859 617 069 $0.308427 $929 451 427 38,451,959,435
Cardano 7d price chart+12.80%
Top coins with Payments Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
1 Bitcoin Bitcoin BTC $1 379 576 669 397 $68 996.70 $42 047 309 240 19,994,822
Bitcoin 7d price chart+3.96%
4 XRP XRP XRP $89 643 507 559 $1.47 $3 454 076 526 61,018,583,977
XRP 7d price chart+3.49%
10 Dogecoin Dogecoin DOGE $15 562 303 808 $0.104342 $1 433 000 958 149,147,696,384
Dogecoin 7d price chart+5.97%
12 Bitcoin Cash Bitcoin Cash BCH $10 161 091 083 $511.49 $468 350 467 19,865,787
Bitcoin Cash 7d price chart-7.84%
43 Cronos Cronos CRO $2 113 282 234 $0.079532 $11 843 293 26,571,560,696
Cronos 7d price chart+2.19%
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
3 Tether Tether USDT $177 586 928 644 $1.000939 $66 003 661 066 177,420,277,588
Tether 7d price chart+0.10%
6 USDC USDC USDC $75 374 495 453 $1.000572 $14 179 229 212 75,331,387,386
USDC 7d price chart+0.04%
9 Lido Staked Ether Lido Staked Ether STETH $20 309 875 295 $2 073.62 $30 871 747 9,794,399
Lido Staked Ether 7d price chart+6.79%
14 Wrapped Liquid Staked Ether 2.0 Wrapped Liquid Staked Ether 2.0 WSTETH $9 050 886 146 $2 545.44 $10 374 716 3,555,731
Wrapped Liquid Staked Ether 2.0 7d price chart+6.81%
15 Wrapped Bitcoin Wrapped Bitcoin WBTC $9 027 238 802 $68 816.71 $425 076 355 131,178
Wrapped Bitcoin 7d price chart+3.98%
Top coins with Big Data & Data Storage Tag
# Name MarketCap Price Volume (24h) Circulating Supply 7d chart
8 TRON TRON TRX $24 692 204 914 $0.285911 $637 886 105 86,363,298,503
TRON 7d price chart+2.49%
47 BitTensor BitTensor TAO $1 789 780 392 $186.48 $103 270 594 9,597,491
BitTensor 7d price chart+2.31%
56 Internet Computer Internet Computer ICP $1 393 558 018 $2.54 $90 132 243 549,311,302
Internet Computer 7d price chart+13.22%
80 Filecoin Filecoin FIL $830 850 376 $1.101591 $239 258 043 754,227,396
Filecoin 7d price chart+19.53%
131 Gnosis Gnosis GNO $342 152 672 $132.13 $1 184 945 2,589,588
Gnosis 7d price chart+15.10%