Golem Network, a community-driven platform that facilitates the sharing of computational power, has been showing a green signal in its charts. In the past week, Golem’s GLM token has witnessed a 13% surge with the price reaching around $0.42. The long-term investors in Golem expect this surge to continue, with Golem Price Prediction indicating that its price could reach $ 1.47 this year.
This article will check whether GLM tokens have the potential to triple their market cap in 2025. Apart from the 2025 predictions, we will provide a long-term forecast till 2030, and analyze whether it is a better coin to invest in. Additionally, a purchasing and earning guide will be provided. Let’s start.
What Is Golem Network?
Golem aims to integrate personal computers and data centers to create a supercomputer. Users who need massive computational power can rent it from Golem’s super chain and earn money by renting out their power. The platform has been around for around nine years, starting with raising around 820,000 Ethereum (ETH) in a crowd sale.
The ecosystem is a decentralized Application (dApp) built on Ethereum that uses $GLM as its native token. GLM can be earned by providing computation power to the network. Those who need computational power should first convert their ETH to GLM. Let’s explore additional details about GLM tokens.
GLM Token: Use Cases, Tokenomics, & More
Token Ticker | $GLM |
Chain | Ethereum ERC-20 |
Contract Address | 0x7DD9c5Cba05E151C895FDe1CF355C9A1D5DA6429 |
Polygon Contract Address | 0x0B220b82F3eA3B7F6d9A1D8ab58930C064A2b5Bf |
Total Supply | 1 Billion GLM |
Circulating Supply | 1 Billion GLM |
Market Cap | 420.94 Million (06/01/2024) |
When the Golem Network was launched in 2016, it used a coin named GNT (Golem Network Token). In 2020, the platform began migrating from GNT to GLM at a 1:1 ratio, mainly because of its upgrade to a transaction framework built on Ethereum’s Layer 2. The newly created GLM has the same tokenomics and use cases as GNT. Around 82% of tokens are used by the holders who engage with the ecosystem. The remaining allocations are for Golam Factory GmbH (12%) and the Golam team (6%).
GLM Token’s Historical Chart Data
After two years of its launch, GLM/GNT achieved its all-time high on January 08, 2018, reaching $1.25 per coin. During the 2021 bull run, the coin performed very well and continued its bull run throughout 2022. At present, it is trading for $0.4193, a 66.55% reduction from the ATH.
Golem Price Prediction 2025, 2026, 2027, 2028, 2029, 2030
The Golem Price Prediction is based on the chart data and market data till January 06, 2025. We have also taken into consideration Golem Network’s community support and its roadmap plans. However, sometimes the market can be extremely volatile so DYOR before making investment decisions.
Year | Minimum Price | Average Price | Maximum Price |
2025 | $ 0.37392 | $ 0.856744 | $ 1.478539 |
2026 | $ 0.377422 | $ 0.597587 | $ 1.085891 |
2027 | $ 0.346474 | $ 0.450247 | $ 0.598359 |
2028 | $ 0.421752 | $ 0.744603 | $ 1.294447 |
2029 | $ 0.737949 | $ 1.450421 | $ 2.39 |
2030 | $ 0.743183 | $ 1.071207 | $ 1.802124 |
Where to Buy Golem ($GLM)?
The best way to HODL GLM is through earning it by providing your computational power. Keep in mind that a 5% fee will be charged for every transaction you make within the network, including the withdrawal to listed exchanges. Or else, you can purchase it via prominent centralized and decentralized exchanges. Here is a list of the top 10 exchanges with the largest trading volume for GLM:
- Binance – GLM/USDT and GLM/BTC
- Uniswap DEX – GLM/WETH
- Coinbase Exchange – GLM/USD
- OKX – GLM/USDT
- Upbit – GLM/KRW
- Bitget – GLM/USDT
- KuCoin – GLM/USDT
- HTX – GLM/USDT
- Gate.io – GLM/USDT
- Crypto.com – GLM/USD
Concluding Thoughts: Is GLM a Good Investment Option?
The technical analysis shows an 86% bullish bias to the GLM token. The short-term 50-day SMA is estimated to roam around the $ 0.51 and $ 0.52 range. For long-term HODLing, we have to consider its presence in the competitive crypto market along with the Golem Price Prediction provided above. Despite being the first blockchain network to fetch the idea of creating a supercomputer, it has competitors such as Zennet and Nexus.
Nexus has attracted around 1.5 million nodes in its recent testnet deployment. If Nexus outperforms Golem in this trust-driven power-sharing market, we can see GLM tokens getting dumped into a downward spiral. However, you can HODL it with the funds you can afford to lose and test your luck. In any case, try to do as much research as possible. DYOR!