Crypto Trending Pick: $GLMR – Moonbeam’s Comeback on the Polkadot Stage

Moonbeam’s native token, $GLMR, launched in early 2022 as a Polkadot-based EVM-compatible smart contract platform designed for Ethereum developers. It hit its all-time high of $29.84 in January 2022, but then lost over 99% of its value, reaching a low near $0.0793 on March 11, 2025.

Since that low, $GLMR has begun recovering, trading at approximately $0.0914, marking a 16–17% increase in the past 24 hours and about 18% over the past week . The token now has a market cap close to $90 million, with daily trading volumes between $23 million and $24 million.

The rebound reflects renewed community confidence, buoyed by Moonbeam’s upcoming roadmap and growing adoption in cross-chain DeFi and dApp development. With strong fundamentals and increasing on-chain activity, $GLMR appears poised to challenge its old downside trends—and with enough momentum, may even explore the $0.20–$0.30 range again.