GLM is the native utility token of the Golem Network, a decentralized computing marketplace where users pay or earn by renting idle computational resources.
Built as an ERC-20 token on Ethereum, GLM facilitates peer-to-peer compute transactions and is fully circulating with a fixed 1 billion supply.
The price currently trades around ~$0.18–$0.20 USD, down sharply from early cycle highs but holding meaningful support levels.
Recent developments include a trial partnership with Salad.com to test decentralized compute workloads, which could boost utility if successful.
Technical analysis shows GLM reacts strongly with broader crypto sentiment, making it vulnerable in risk-off markets but offering upside on rebounds.
Overall, it remains a speculative utility token tied to decentralized compute adoption and market cycles.
GLM
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