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Increased by 50% due to support from institutions
NMR has shown impressive momentum, rising from $8.08 to $11.62 with an intraday gain of 13.6%.
With a market capitalization of $65.34M and a trading volume of $6.11M, this performance aligns with broader trends of institutional cryptocurrency adoption.
• Numerai announced a strategic token buyback of $1M on July 17, when its assets under management (AUM) increased by 155% year-on-year to $441M.
• More than $7M in NMR has been staked, demonstrating strong confidence in the protocol.
• Regulatory clarity through the approval of the GENIUS Act in the second quarter of 2025 created a more favorable investment environment