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About GLM and XION
Golem is climbing, while XION is falling this week. The current GLM to XION conversion rate is 1.01. Inversely, this means that if you convert 1 XION you will get 0.9938 GLM. The conversion rate of GLM/XION has increased by 0.23% in the last hour (XION/GLM decreased by 0.23%). In the last 24 hours, GLM/XION grew by 2.22%, while XION/GLM shrunk by the same amount.
The exchange rate of Golem is increasing. The current value of 1 GLM is 1.01 XION. In other words, to buy 5 Golem, it would cost you 5.03 XION. Inversely, 1 XION would allow you to trade for 0.9938 GLM while 50 XION would convert to 49.69 GLM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.51%. Meanwhile, in the last 24 hours, the rate has changed by 3.84%, which means that the highest exchange rate of 1 GLM to XION was 1.01 XION and the lowest 24 hour value was 1 GLM for 0.9536 XION. Last month, 1 GLM was worth 0.8562 XION. Today, it's up 14.91%. Looking back a year, Golem has changed by 0.2239 XION. That means that in a single year, the value of Golem has grown by 77.75%.
Golem Market Stats
GLM is an Ethereum token that allows users to pay or receive payment for resources via the Golem protocol. The protocol aims to allow participants in the network to loan out their computer’s spare processing power to others.
XION Market Stats
XION is the first L1 purpose-built for mainstream adoption. **What is XION?** XION is a blockchain built for everyone, everywhere through chain abstraction. Utilizing its Generalized Abstraction layer, XION distinguishes itself by integrating complex blockchain functionalities, such as accounts, signatures, and interoperability, directly at the protocol level. This approach allows for engagement with blockchain applications without needing to understand the underlying technologies. XION is the native utility token that is used for: - Network Usage Fees: Transactions on the XION network incur fees, which are used innovatively to offset the minting of new tokens. This mechanism means that as network usage increases, the offsetting of fees could lead to a deflationary token model. - Proof of Stake Security: As a proof-of-stake network, XION relies on validators to maintain its integrity. $XION token holders can delegate their tokens to validators or stake their tokens to run their own validator nodes. In addition, instead of calculating inflation against all tokens, the XION network calculates against only staked tokens. This vastly reduces the token’s overall inflation, leading to much more sustainable economics of the network. - Governance: $XION token holders can actively participate in network governance by proposing and voting on proposals. - Medium of Exchange & Collateral: $XION can be utilized as native liquidity and collateral within the ecosystem. It can also facilitate peer-to-peer transactions across applications and accounts within the XION ecosystem. **What makes XION unique?** Generalized Abstraction Layer: XION's foundational feature is its Generalized Abstraction layer, designed to simplify blockchain technology's complexities. This innovation aims to address the primary challenges that have prevented widespread blockchain adoption, providing a comprehensive solution for users and developers. Meta Accounts: A distinctive element of XION, Meta Accounts, abstracts the traditional key model, enabling varied authentication methods. This feature facilitates a user-friendly transition from traditional web experiences to blockchain-based applications. Signature and Device Abstraction: Through a signature-agnostic approach, XION accommodates transactions authenticated via common methods like email and biometrics. This inclusivity extends to device usage, ensuring seamless interactions across multiple platforms, thereby boosting security and user accessibility. Parameterized Fee Layer: XION introduces a parameterized fee system that abstracts fees, enhancing user convenience. Furthermore, this system supports transactions denominated in stablecoins, such as USDC, enabling familiar pricing and stability. Abstracted Interoperability: Focusing on interoperability, XION ensures that its Meta Accounts are compatible across diverse blockchain ecosystems. This feature enhances the user experience by facilitating effortless cross-chain interactions through chain abstraction. **Who are the founders of XION?** Burnt is the research and development company that first began contributing to XION blockchain. Burnt Banksy, the founder, purchased a painting by the internationally famous artist Banksy, incinerated it, and then created an authenticated 1 of 1 NFT representation, selling it for more than the original physical artwork. His actions demonstrated the concept of digital scarcity on the world stage, making NFT community history and receiving universal acclaim in the process. The story was covered by leading publications including Bloomberg, CoinDesk, GQ, CoinTelegraph, BBC, CBS, HYPEBEAST, Art.Net, TechCrunch, and many others. He is often cited as one of the catalysts for NFTs as well as being cited in the wikipedia for the word NFT. **How is XION secured?** XION operates on a Tendermint-based proof-of-stake (PoS) consensus mechanism. Prominent validators help to secure the network while making it more decentralized as well. XION is backed by industry leaders such as Animoca, Circle, Multicoin, Arrington, Spartan, Draper Dragon, Hashkey, GoldenTree, Mechanism, Morningstar Ventures, Figment, Play Ventures, Valor, Sfermion, Kucoin Ventures, MH Ventures, Laser Digital (Nomura) and more.
Conversion tables
GLM to XION values from Today at 2:15 am
0.5 GLM = 0.5031 XION |
1 GLM = 1.01 XION |
5 GLM = 5.03 XION |
10 GLM = 10.06 XION |
50 GLM = 50.31 XION |
100 GLM = 100.62 XION |
500 GLM = 503.11 XION |
1,000 GLM = 1,006.23 XION |
XION to GLM values from Today at 2:28 am
0.5 XION = 0.4969 GLM |
1 XION = 0.9938 GLM |
5 XION = 4.97 GLM |
10 XION = 9.94 GLM |
50 XION = 49.69 GLM |
100 XION = 99.38 GLM |
500 XION = 496.90 GLM |
1,000 XION = 993.81 GLM |
GLM to XION over time
GLM | Today | 24H 3.84% | 1M 14.91% | 1Y 77.75% |
|---|---|---|---|---|
0.5 GLM | 0.5031 XION | 0.4838 XION | 0.4281 XION | 0.1119 XION |
1 GLM | 1.01 XION | 0.9676 XION | 0.8562 XION | 0.2239 XION |
5 GLM | 5.03 XION | 4.84 XION | 4.28 XION | 1.12 XION |
10 GLM | 10.06 XION | 9.68 XION | 8.56 XION | 2.24 XION |
50 GLM | 50.31 XION | 48.38 XION | 42.81 XION | 11.19 XION |
100 GLM | 100.62 XION | 96.76 XION | 85.62 XION | 22.39 XION |
500 GLM | 503.11 XION | 483.81 XION | 428.10 XION | 111.93 XION |
1,000 GLM | 1,006.23 XION | 967.61 XION | 856.19 XION | 223.85 XION |
Frequently asked questions
Right now, 1 Golem is worth about $0.1142.
Based on the current rate, you could get 8.76 GLM for 1 USD.
Golem price has been on the rise. Since yesterday, the exchange rate of Golem has increased. Since last month, the exchange rate of Golem has increased. Since this time last year, the price of Golem has decreased.
You can use our GLM to USD calculator at the top of this page to convert any amount of GLM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 43.78 GLM. Inversely, 5 GLM will cost about $0.571
Golem is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Golem.
There are a number of crypto assets that have the a similar or comparable market cap to Golem, including SOON, Meteora, and Dog (Bitcoin). For a more robust list of assets to explore, jump to the asset page dedicated to Golem.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.