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About XION and GLM
XION is falling, while Golem is climbing this week. The current XION to GLM conversion rate is 0.8705. Inversely, this means that if you convert 1 GLM you will get 1.15 XION. The conversion rate of XION/GLM has increased by 1.72% in the last hour (GLM/XION decreased by 1.72%). In the last 24 hours, XION/GLM shrunk by 0.46%, while GLM/XION grew by the same amount.
The exchange rate of XION is decreasing. The current value of 1 XION is 0.8705 GLM. In other words, to buy 5 XION, it would cost you 4.3523 GLM. Inversely, 1 GLM would allow you to trade for 1.15 XION while 50 GLM would convert to 57.44 XION, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.36%. Meanwhile, in the last 24 hours, the rate has changed by 2.15%, and that the highest exchange rate of 1 XION to GLM was 0.9547 GLM and the lowest 24 hour value was 1 XION for 0.7567 GLM. Last month, 1 XION was worth 1.16 GLM. Today, it's down 33.65%. Looking back a year, XION has changed by 3.81 GLM. That means that in a single year, the value of XION has shrank by 337.88%.
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.
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.
Conversion tables
XION to GLM values from Today at 9:25 am
0.5 XION = 0.4352 GLM |
1 XION = 0.8705 GLM |
5 XION = 4.35 GLM |
10 XION = 8.70 GLM |
50 XION = 43.52 GLM |
100 XION = 87.05 GLM |
500 XION = 435.23 GLM |
1,000 XION = 870.47 GLM |
GLM to XION values from Today at 9:27 am
0.5 GLM = 0.5744 XION |
1 GLM = 1.15 XION |
5 GLM = 5.74 XION |
10 GLM = 11.49 XION |
50 GLM = 57.44 XION |
100 GLM = 114.88 XION |
500 GLM = 574.40 XION |
1,000 GLM = 1,148.81 XION |
XION to GLM over time
XION | Today | 24H -2.15% | 1M -33.65% | 1Y -337.88% |
|---|---|---|---|---|
0.5 XION | 0.4352 GLM | 0.4446 GLM | 0.5817 GLM | 1.91 GLM |
1 XION | 0.8705 GLM | 0.8892 GLM | 1.16 GLM | 3.81 GLM |
5 XION | 4.35 GLM | 4.45 GLM | 5.82 GLM | 19.06 GLM |
10 XION | 8.70 GLM | 8.89 GLM | 11.63 GLM | 38.12 GLM |
50 XION | 43.52 GLM | 44.46 GLM | 58.17 GLM | 190.58 GLM |
100 XION | 87.05 GLM | 88.92 GLM | 116.33 GLM | 381.16 GLM |
500 XION | 435.23 GLM | 444.59 GLM | 581.67 GLM | 1,905.80 GLM |
1,000 XION | 870.47 GLM | 889.19 GLM | 1,163.34 GLM | 3,811.60 GLM |
Frequently asked questions
Right now, 1 XION is worth about €0.09051.
Based on the current rate, you could get 11.05 XION for 1 EUR.
XION price has been declining. Since yesterday, the exchange rate of XION has decreased. Since last month, the exchange rate of XION has increased. Since this time last year, the price of XION has decreased.
You can use our XION to EUR calculator at the top of this page to convert any amount of XION to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 55.24 XION. Inversely, 5 XION will cost about €0.4525
XION can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy XION.
There are a number of crypto assets that have the a similar or comparable market cap to XION, including XION, Wecan Group, and Wirex Token. For a more robust list of assets to explore, jump to the asset page dedicated to XION.
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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.