Moonbeam (GLMR) is the native token of the Moonbeam Network — an Ethereum-compatible smart-contract parachain on Polkadot that aims to simplify cross-chain dApp development.
GLMR has fallen dramatically from its all-time high near $29.84 in early 2022 to a fraction of that value today, reflecting long-term crypto market weakness.
Recent price drivers include ecosystem upgrades (like capped inflation and transaction-fee burns) and gaming/DeFi growth initiatives, which aim to boost utility and on-chain activity.
Short-term trading remains weak and tied to broader crypto sentiment; recent analysis suggests a neutral-to-bearish outlook unless major support holds.
Moonbeam’s strategy includes new gaming tournaments and developer accelerator programs to attract users and drive transaction demand.
Analysts note that broader adoption and sustained on-chain growth — not just price swings — will be key to any stability or recovery.
