Moonbeam PriceGLMR

What is Moonbeam (GLMR)?

Moonbeam (GLMR) is an Ethereum-compatible smart contract parachain on Polkadot, built to let developers use popular Ethereum tooling to build or redeploy Solidity projects inside a Substrate-based environment. Rather than a simple EVM implementation, Moonbeam mirrors Ethereum's Web3 RPC, accounts, keys, subscriptions, and logs, while extending the base feature set with onchain governance, staking, and cross-chain integrations. Developers can reuse existing Solidity contracts without rewriting them and connect familiar tools such as MetaMask, Hardhat, Waffle, Remix, and Truffle through a complete set of Web3 RPC endpoints, alongside JavaScript libraries like Web3.Js and Ethers.Js. The network also connects Polkadot parachains with external chains such as Ethereum and Bitcoin through bridges.

The project is now entering a new phase. Moonbeam is migrating from Polkadot to Base at a 1:1 rate, with the GLMR token moving to Base as a fixed-supply ERC-20. The migration deadline is July 31, 2026. In its new form, Moonbeam Protocol is described as an AI agent settlement network on Base, where autonomous agents discover each other, agree terms, and settle onchain. GLMR has a circulating supply of roughly 1.21 billion tokens, with a total supply of about 1.23 billion and no maximum supply cap.

Key Specifications & Tokenomics

• Name: Moonbeam
• Symbol / Ticker: GLMR
• Consensus / Architecture: Ethereum-compatible smart contract parachain on Polkadot; Substrate-based environment
• Smart Contracts: Ethereum-compatible, supporting Solidity and existing EVM tooling
• Category: Layer 1, Smart Contracts
• Circulating Supply: 1,212,553,277 GLMR
• Total Supply: 1.23B GLMR
• Max Supply: No maximum supply
• Fully Diluted Valuation: $7.15M
• Contract Address (Base, ERC-20): 0xb3846fd356c2149ee8d30b0449088dc74e265459
• Official Website: https://moonbeam.network/
• Block Explorer: moonscan.io
• CertiK Rating: 4.1

On the tokenomics side, 30% of supply inflation was directed to the parachain bond reserve from network launch until January 22, 2025, when governance reduced that allocation to 6%. The migration to Base converts GLMR into fixed-supply ERC-20 tokens, and Base now provides the security that GLMR previously had to buy, allowing the token's utility to focus on the agent economy.

Who created Moonbeam?

Moonbeam was started in 2019 by Derek Yoo of Pure Stake. Derek Yoo was CEO of PureStake at the time of Moonbeam's creation and is currently CEO of Moonsong Labs. PureStake was an early contributor to Moonbeam's development, focusing on infrastructure and engineering support for blockchain networks. The Moonbeam Foundation supports the development, growth, and adoption of the Moonbeam Network and its ecosystem, working with developers, partners, and the broader community to fund ecosystem initiatives, support technical development, and promote network usage across different application areas. The Foundation also helps coordinate resources for builders, including grants, partnerships, and community programs, while contributing to the long-term sustainability of the network.

How does Moonbeam work?

In its parachain era, Moonbeam operated as a Substrate-based parachain on Polkadot with full Ethereum compatibility. It mirrored Ethereum's Web3 RPC, accounts, keys, subscriptions, and logs, so developers could use existing Ethereum H160 accounts and ECDSA signatures to interact with the network. Collators staked GLMR to secure the chain, and GLMR paid the gas fees on every transaction. Cross-chain connectivity linked Polkadot parachains with other chains such as Ethereum and Bitcoin via bridges.

In its new form on Base, Moonbeam Protocol functions as an AI agent settlement network. Autonomous agents find each other, agree terms, and settle onchain. Every job is held in escrow, graded by bonded evaluators against the evidence, and released on proof of work. The network is built on three primitives: Discover, where agents publish what they can do and find each other without a directory, broker, or intermediary; Negotiate, where a bid is an offer to be bound and is checked before acceptance so that one which could not be settled is refused while the buyer still has a choice; and Settle, where payment clears onchain against proof of the work rather than a status report. The governing rule is that the work arrives, or the money comes back. A buyer pays a small premium on top of the job fee, and both are held in escrow. If nothing arrives, the payment returns in full. If the work arrives bad, the buyer is repaid from the deposit the worker locked before starting. Every ending is written to a receipt anyone can check.

What makes Moonbeam unique and valuable?

Moonbeam's Ethereum compatibility is its defining strength. It requires minimal changes, letting developers use existing Solidity smart contracts right away with no need to rewrite or reconfigure. It supports existing developer tools through a complete set of Web3 RPC endpoints and well-known JavaScript libraries, and it uses unified accounts, addresses, and signatures so users can interact with existing Ethereum H160 accounts and ECDSA signatures. Ecosystem integrations allow existing oracles, bridges, wallets, and other tools to build on Moonbeam.

The new Moonbeam Protocol adds a distinct value proposition: an assurance economy for agent work. Rewards are fees a buyer already paid, never minting, and capital outside the program is never touched. Adapters let any protocol plug in while keeping its own rail and adding the guarantee. Verified job receipts update an agent's record with signals such as completion rate, latency accuracy, and dispute history. This combination of Ethereum familiarity and onchain settlement guarantees positions Moonbeam as infrastructure for cross-chain connected applications and, in its new phase, for the emerging agent economy.

What is Moonbeam used for?

GLMR is the native token of Moonbeam Protocol. In the parachain era, GLMR paid the gas fees on every transaction, and collators staked it to secure the chain. Both of those jobs ended with the parachain. In the new protocol, GLMR's utility centers on standing behind guaranteed agent work and earning a share of the premiums buyers pay for that guarantee, with a governance role to be defined with the community before it opens. As one community explanation puts it, GLMR functions like the ETH of the Moonbeam network: sending a transaction requires paying a small amount of GLMR as a transaction fee. Beyond fees and staking, holding GLMR allows participation in the growth of the network and its ecosystem of projects and dApps.

How Is the Moonbeam ecosystem developing?

Moonbeam has a growing ecosystem of projects and dApps built on its platform, with integrations spanning oracles, bridges, wallets, and other tools. The network provides integration and connectivity between Polkadot parachains and other chains such as Ethereum and Bitcoin via bridges. The new Moonbeam Protocol on Base is building an adapter system designed to plug any protocol in under the principle of keeping your rail and adding the guarantee. Adapters open the network to other protocols, and the team is actively talking to teams now. Builders who want to onboard can reach the team at [email protected]. The official timeline frames the journey as one slot becoming a whole network from 2020 to 2026, with 2026 onward marking the new era as an AI agent settlement network on Base.

How to mine Moonbeam?

Moonbeam is not mined through proof-of-work. In the parachain era, security came from collators who staked GLMR to secure the chain, while GLMR paid gas fees on every transaction. With the migration to Base, those parachain-era roles have ended, and Base now provides the security that GLMR used to buy. In the new Moonbeam Protocol, the relevant participation mechanism is assurance: GLMR stands behind guaranteed agent work, and participants can earn a share of the premiums buyers pay for that guarantee. Rewards are funded by fees a buyer already paid rather than by minting, and capital outside the program is never touched. A governance role for GLMR in the new protocol is defined with the community before it opens.

How to keep your Moonbeam Coin safe?

Because GLMR is migrating to Base as a fixed-supply ERC-20, holders should complete the migration before the July 31, 2026 deadline using the open GLMR bridge. Some platforms handle the migration automatically, so users should confirm the status of their holdings rather than assume action is required. As with any crypto asset, GLMR is volatile, and its value can be affected by broader market conditions, including Bitcoin's behavior, as well as regulatory developments such as the introduction of MiCA in Europe, which may require the project to operate in a regulated environment. Standard security practices apply: use reputable wallets, verify contract addresses before interacting, keep private keys offline where possible, and never share seed phrases. For official information, refer to the project's website, documentation, and verified social channels.