Golem
GLM Rank 226 Rank 226
$0.149530 (-1.74%)

Golem GLM price:

$0.149530 (-1.74%)
1h+0.10%
24h-1.74%
Week+0.05%
Month+16.95%
Year-48.89%
ETH 0.000065 (-1.35%)
BTC 0.00000184 (-1.76%)
$0.144782 24h Range $0.153541
The live Golem price today is $0.149530, with a 24-hour trading volume of $1,992,543.16. GLM has changed -1.74% in the last 24 hours.

Golem (GLM) Metrics

Basic info
Source code
Asset type
Contract Address
Explorers
Market Cap Rank 226
$149,529,682.00 BTC 1,842.00
All Time High
$1.25 08 Jan 18 % to ATH (738.69%)
Volume (24h) Rank 720
$1,992,543.16 BTC 24.54
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 $2 054 635.93. 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 $1,992,543.16 , showing a 39.48% decline compared to the previous day. This suggests a short-term reduction 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 ~88.08% below its ATH and has appreciated +2,088% from its ATL.

What's Golem's current market capitalization?

Golem's market cap is approximately $149 529 682.00, ranking it #226 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 gained 0.05%, underperforming the overall crypto market which posted a 0.15% gain. This indicates a temporary lag in GLM's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

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 Market Cap Price Volume (24h) Circulating Supply 7d chart
86 Filecoin Filecoin FIL $863 452 040 $1.106271 $94 203 979 780,506,995
Filecoin 7d price chart-3.25%
329 Holo Holo HOT $78 599 170 $0.000443 $2 362 865 177,619,433,541
Holo 7d price chart+0.46%
362 Quantum Resistant Ledger Quantum Resistant Ledger QRL $68 299 215 $1.005329 $42 316.93 67,937,170
Quantum Resistant Ledger 7d price chart-13.55%
370 aelf aelf ELF $66 641 473 $0.081303 $695 646 819,668,406
aelf 7d price chart-0.89%
411 Siacoin Siacoin SC $56 296 467 $0.001005 $3 437 133 56,025,636,522
Siacoin 7d price chart-3.17%
Top coins with Software Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
54 Ethereum Classic Ethereum Classic ETC $1 488 397 710 $9.51 $84 150 284 156,559,602
Ethereum Classic 7d price chart+2.33%
287 Qtum Qtum QTUM $104 035 304 $1.037202 $11 352 576 100,303,822
Qtum 7d price chart+13.53%
300 Enjin Coin Enjin Coin ENJ $95 689 923 $0.048734 $18 095 300 1,963,508,050
Enjin Coin 7d price chart-2.48%
356 Constellation Constellation DAG $70 123 901 $0.019753 $883 541 3,549,997,434
Constellation 7d price chart+135.42%
770 Cortex Cortex CTXC $16 460 474 $0.074872 $4 125.40 219,846,861
Cortex 7d price chart-0.05%
Top coins with Monetization Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
4 BNB BNB BNB $94 830 160 965 $681.33 $1 075 543 129 139,184,442
BNB 7d price chart+7.33%
67 KuCoin Token KuCoin Token KCS $1 140 339 133 $8.47 $10 375 625 134,655,022
KuCoin Token 7d price chart+0.21%
176 THETA THETA THETA $245 002 279 $0.245002 $32 905 340 1,000,000,000
THETA 7d price chart+13.45%
197 Decentraland Decentraland MANA $192 302 862 $0.099010 $13 873 933 1,942,255,184
Decentraland 7d price chart+7.38%
199 SwissBorg SwissBorg BORG $189 015 254 $0.192141 $499 235 983,729,858
SwissBorg 7d price chart-2.59%
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
40 BitTensor BitTensor TAO $3 001 937 530 $312.78 $171 866 130 9,597,491
BitTensor 7d price chart+9.48%
47 Near Protocol Near Protocol NEAR $1 991 220 862 $1.68 $380 969 132 1,185,165,436
Near Protocol 7d price chart+28.20%
75 Render Render RENDER $1 002 799 582 $1.94 $45 661 374 517,690,747
Render 7d price chart+1.51%
106 Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET $596 761 874 $0.228648 $52 072 609 2,609,959,126
Artificial Superintelligence Alliance 7d price chart+2.41%
111 Virtuals Protocol Virtuals Protocol VIRTUAL $540 355 118 $0.833117 $63 299 445 648,594,347
Virtuals Protocol 7d price chart+1.52%
Top coins with Polygon (MATIC) Token Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
6 USDC USDC USDC $77 085 095 735 $0.999660 $12 617 924 667 77,111,320,019
USDC 7d price chart-0.04%
13 Wrapped Bitcoin Wrapped Bitcoin WBTC $10 619 712 261 $80 956.50 $145 529 700 131,178
Wrapped Bitcoin 7d price chart-0.14%
15 Wrapped Liquid Staked Ether 2.0 Wrapped Liquid Staked Ether 2.0 WSTETH $10 090 983 391 $2 837.95 $2 851 484 3,555,731
Wrapped Liquid Staked Ether 2.0 7d price chart-2.67%
19 WETH WETH WETH $8 661 879 466 $2 300.08 $233 990 333 3,765,896
WETH 7d price chart-2.81%
23 Chainlink Chainlink LINK $6 558 604 727 $10.46 $361 935 098 626,849,970
Chainlink 7d price chart+6.42%
Top coins with Distributed Computing Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
40 BitTensor BitTensor TAO $3 001 937 530 $312.78 $171 866 130 9,597,491
BitTensor 7d price chart+9.48%
170 Akash Network Akash Network AKT $266 997 620 $0.909324 $40 887 513 293,622,016
Akash Network 7d price chart+41.28%
176 THETA THETA THETA $245 002 279 $0.245002 $32 905 340 1,000,000,000
THETA 7d price chart+13.45%
206 OriginTrail OriginTrail TRAC $172 010 601 $0.344025 $1 657 330 499,995,033
OriginTrail 7d price chart-0.23%
309 Theta Fuel Theta Fuel TFUEL $89 026 909 $0.012148 $1 939 066 7,328,416,399
Theta Fuel 7d price chart+5.12%
Top coins with Web3 Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
75 Render Render RENDER $1 002 799 582 $1.94 $45 661 374 517,690,747
Render 7d price chart+1.51%
106 Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET $596 761 874 $0.228648 $52 072 609 2,609,959,126
Artificial Superintelligence Alliance 7d price chart+2.41%
164 The Graph The Graph GRT $276 803 159 $0.028989 $25 057 291 9,548,531,509
The Graph 7d price chart+11.64%
170 Akash Network Akash Network AKT $266 997 620 $0.909324 $40 887 513 293,622,016
Akash Network 7d price chart+41.28%
176 THETA THETA THETA $245 002 279 $0.245002 $32 905 340 1,000,000,000
THETA 7d price chart+13.45%
Top coins with DePIN Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
75 Render Render RENDER $1 002 799 582 $1.94 $45 661 374 517,690,747
Render 7d price chart+1.51%
86 Filecoin Filecoin FIL $863 452 040 $1.106271 $94 203 979 780,506,995
Filecoin 7d price chart-3.25%
151 BitTorrent BitTorrent BTT $325 302 324 $0.000000 $5 773 331 987,037,885,840,675
BitTorrent 7d price chart+1.09%
164 The Graph The Graph GRT $276 803 159 $0.028989 $25 057 291 9,548,531,509
The Graph 7d price chart+11.64%
165 IOTA IOTA IOTA $275 642 383 $0.063925 $5 251 281 4,311,998,937
IOTA 7d price chart+8.20%
Top coins with Platform Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
14 Cardano Cardano ADA $10 582 416 193 $0.274009 $383 056 868 38,620,621,816
Cardano 7d price chart+4.40%
30 Sui Sui SUI $5 013 360 067 $1.25 $603 388 211 4,005,418,370
Sui 7d price chart+27.41%
34 Avalanche Avalanche AVAX $4 233 612 877 $10.03 $246 225 719 422,275,285
Avalanche 7d price chart+5.27%
47 Near Protocol Near Protocol NEAR $1 991 220 862 $1.68 $380 969 132 1,185,165,436
Near Protocol 7d price chart+28.20%
49 Internet Computer Internet Computer ICP $1 780 304 089 $3.22 $52 456 031 552,082,671
Internet Computer 7d price chart+16.70%
Top coins with Internet Of Things Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
165 IOTA IOTA IOTA $275 642 383 $0.063925 $5 251 281 4,311,998,937
IOTA 7d price chart+8.20%
199 SwissBorg SwissBorg BORG $189 015 254 $0.192141 $499 235 983,729,858
SwissBorg 7d price chart-2.59%
216 Helium Helium HNT $163 106 045 $0.919453 $2 029 121 177,394,590
Helium 7d price chart-2.76%
417 XYO XYO XYO $54 577 900 $0.003918 $3 975 764 13,931,216,938
XYO 7d price chart+9.16%
431 IoTeX IoTeX IOTX $52 743 321 $0.005586 $1 691 505 9,441,368,550
IoTeX 7d price chart+19.19%
Top coins with Smart Contracts Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
2 Ethereum Ethereum ETH $277 116 091 128 $2 301.13 $10 417 580 543 120,426,316
Ethereum 7d price chart-2.76%
4 BNB BNB BNB $94 830 160 965 $681.33 $1 075 543 129 139,184,442
BNB 7d price chart+7.33%
7 Solana Solana SOL $55 177 846 229 $95.48 $2 558 827 623 577,882,571
Solana 7d price chart+9.95%
8 TRON TRON TRX $30 127 917 340 $0.348851 $490 753 253 86,363,298,503
TRON 7d price chart+1.60%
14 Cardano Cardano ADA $10 582 416 193 $0.274009 $383 056 868 38,620,621,816
Cardano 7d price chart+4.40%
Top coins with Payments Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
1 Bitcoin Bitcoin BTC $1 626 115 577 706 $81 189.49 $23 752 987 773 20,028,647
Bitcoin 7d price chart-0.16%
5 XRP XRP XRP $89 667 482 261 $1.45 $1 827 638 737 61,796,225,236
XRP 7d price chart+2.17%
10 Dogecoin Dogecoin DOGE $16 660 621 365 $0.111706 $1 010 557 790 149,147,696,384
Dogecoin 7d price chart-2.96%
18 Bitcoin Cash Bitcoin Cash BCH $8 799 133 026 $442.93 $166 284 564 19,865,787
Bitcoin Cash 7d price chart-8.18%
46 Cronos Cronos CRO $2 110 889 884 $0.079442 $32 897 190 26,571,560,696
Cronos 7d price chart+12.53%
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
6 USDC USDC USDC $77 085 095 735 $0.999660 $12 617 924 667 77,111,320,019
USDC 7d price chart-0.04%
9 Lido Staked Ether Lido Staked Ether STETH $22 545 767 614 $2 301.90 $13 982 619 9,794,399
Lido Staked Ether 7d price chart-2.53%
12 Usds Usds USDS $11 073 244 912 $0.999643 $132 370 463 11,077,194,156
Usds 7d price chart-0.03%
13 Wrapped Bitcoin Wrapped Bitcoin WBTC $10 619 712 261 $80 956.50 $145 529 700 131,178
Wrapped Bitcoin 7d price chart-0.14%
15 Wrapped Liquid Staked Ether 2.0 Wrapped Liquid Staked Ether 2.0 WSTETH $10 090 983 391 $2 837.95 $2 851 484 3,555,731
Wrapped Liquid Staked Ether 2.0 7d price chart-2.67%
Top coins with Big Data & Data Storage Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
8 TRON TRON TRX $30 127 917 340 $0.348851 $490 753 253 86,363,298,503
TRON 7d price chart+1.60%
40 BitTensor BitTensor TAO $3 001 937 530 $312.78 $171 866 130 9,597,491
BitTensor 7d price chart+9.48%
49 Internet Computer Internet Computer ICP $1 780 304 089 $3.22 $52 456 031 552,082,671
Internet Computer 7d price chart+16.70%
86 Filecoin Filecoin FIL $863 452 040 $1.106271 $94 203 979 780,506,995
Filecoin 7d price chart-3.25%
147 Gnosis Gnosis GNO $334 394 104 $129.13 $767 829 2,589,588
Gnosis 7d price chart-3.54%