Golem (GLM) is a decentralized computing platform that enables users to rent out their idle computational power, forming a global supercomputer for complex tasks like CGI rendering, machine learning, and scientific simulations. As interest in decentralized infrastructure grows, so does the attention on GLM price, market trends, and real-world utility. This article provides an updated analysis of the current Golem price, its technology, key features, development team, and long-term potential — all optimized for readers seeking reliable, SEO-friendly insights into this innovative cryptocurrency.
🔍 Real-Time GLM Price Analysis
As of today, the Golem (GLM) price stands at $0.2282**, with a 24-hour trading volume of **$13,842,159. The token has seen a slight dip of 2.15% over the past day but has gained 5.00% in the last seven days — signaling moderate bullish momentum despite short-term volatility.
Key metrics:
- Market Cap: $228,212,072
- Rank on Crypto Exchanges: #144
- Circulating Supply: 1,000,000,000 GLM
- Maximum Supply: 1,000,000,000 GLM
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With a fixed maximum supply, GLM is designed to become increasingly scarce over time — a deflationary mechanism that could support long-term value appreciation if demand rises. Currently, Golem trades at 75.55% below its all-time high, offering potential upside for strategic investors. It's also worth noting that GLM is priced 2,494.16% above its historical low, reflecting strong recovery and adoption since its early days.
All data is updated in real time to ensure accuracy for traders and enthusiasts tracking GLM price movements.
🧠 What Is Golem?
Golem (GLM) is the native utility token of the Golem Network — a decentralized peer-to-peer platform that allows users to buy and sell computing power. Originally launched as Golem Network Token (GNT), it transitioned to GLM, an ERC-20 token on the Ethereum blockchain, in November 2020.
The migration from GNT to GLM was conducted at a 1:1 ratio and remains open-ended — meaning former GNT holders can still exchange their tokens for GLM at any time.
GLM serves as the primary medium of exchange within the network:
- Users pay in GLM to access computing resources.
- Providers earn GLM by sharing their idle CPU or GPU power.
- Developers build and monetize applications using Golem’s APIs.
Unlike traditional cloud providers such as AWS or Google Cloud, Golem operates without central control — reducing costs and increasing accessibility. Importantly, GLM cannot be mined; instead, users acquire it through exchanges or by contributing computing power to the network.
⚙️ Key Features of the Golem Network
A Decentralized Supercomputer
At its core, Golem functions as a decentralized supercomputer, aggregating unused processing power from devices worldwide. This distributed architecture supports high-demand computational tasks including:
- 3D rendering and animation
- Artificial intelligence and machine learning
- Cryptographic computations
- Scientific research simulations
By eliminating intermediaries, Golem offers faster processing at lower costs compared to centralized alternatives.
Three Core Roles in the Ecosystem
- Requesters
Users who need computing power submit tasks and set a budget in GLM. They define what kind of hardware they require and how much they’re willing to pay. - Providers
Anyone with spare computing resources — from a home laptop to enterprise-grade servers — can act as a provider. They set pricing preferences (minimum/maximum rates) and earn passive income in GLM when their resources are used. - Developers
Build tools, apps, and services on top of Golem using supported programming languages like Python, JavaScript, and Rust. The platform provides APIs, SDKs, tutorials, and community support to accelerate development.
Roadmap: From Brass to Iron Golem
Golem’s evolution follows a four-phase roadmap:
- Brass Golem: Initial release focused on task execution.
- Clay Golem: Introduced user-friendly interfaces and improved security.
- Stone Golem: Enabled GPU-based computation for AI workloads.
- Iron Golem: Ongoing phase aiming for full decentralization and scalability via blockchain integration.
This structured progression reflects Golem’s commitment to sustainable innovation and long-term usability.
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👥 Who Developed Golem?
The Golem project was officially launched in April 2018 by Golem Factory, a company founded in 2016 by Julian Zawistowski, Aleksandra Skrzypczak, Andrzej Regulski, and Piotr Janiuk. However, the concept was first introduced in late 2014 during DevCon 0 — Ethereum’s inaugural developer conference.
In late 2016, Golem conducted one of the earliest successful ICOs (Initial Coin Offerings), raising approximately 820,000 ETH — a significant milestone at the time.
Leadership & Governance
The project is guided by a dedicated team based primarily in Poland:
Steering Committee:
- Pascal Schmid (CEO)
- Natalja Lorenz (COO)
Board Members:
- Julian Zawistowski
- Pascal Schmid
- Natalja Lorenz
- Thomas Linder
Advisors:
- Joanna Rutkowska (cybersecurity expert)
- Andrzej Regulski
This blend of technical expertise and strategic vision has helped Golem maintain relevance in a rapidly evolving Web3 landscape.
❓ Frequently Asked Questions (FAQ)
What is Golem’s all-time high price?
GLM reached its highest price of $0.9336 on November 28, 2021, during the broader crypto market rally.
What was GLM’s lowest price historically?
The lowest recorded price for GLM was $0.0088, reached on December 12, 2016, shortly after its initial launch.
Can you mine GLM tokens?
No, GLM cannot be mined. It is not a proof-of-work cryptocurrency. Tokens are distributed through exchange purchases or earned by providing computing power on the network.
What are the best exchanges to trade GLM?
Top exchanges for buying and trading GLM include Binance, KuCoin, and Kraken — known for high liquidity and secure trading environments.
How many GLM tokens are in circulation?
There are currently 1 billion GLM tokens in circulation, which also equals the maximum supply — making GLM a deflationary asset by design.
Is Golem built on Ethereum?
Yes, GLM is an ERC-20 token operating on the Ethereum blockchain, ensuring compatibility with wallets, DeFi protocols, and dApps across the ecosystem.
💡 Why Golem Matters in Web3
As demand for affordable, scalable computing grows — especially in AI and decentralized science — projects like Golem offer a compelling alternative to traditional cloud providers. By leveraging underutilized global hardware, Golem promotes efficiency, inclusivity, and cost savings.
Its tokenomics — capped supply, real-world utility, and passive income opportunities — align well with long-term investment strategies. Moreover, ongoing upgrades under the Iron Golem phase suggest continued innovation ahead.
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Whether you're a developer seeking affordable compute resources or an investor tracking promising Web3 infrastructure plays, Golem (GLM) deserves attention.
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