Today’s top gainer highlights a key piece of the cross-chain future.
Glimmer ( $GLMR ) is the native token of Moonbeam, a smart contract platform built on Polkadot that enables full Ethereum compatibility. Its main goal is to allow Ethereum-based dApps to run seamlessly in a multi-chain environment.
Why is Glimmer needed?
• Enables developers to deploy Ethereum smart contracts without rewriting code
• Connects Ethereum tools with Polkadot’s interoperability
• Supports cross-chain use cases with lower friction
Why the recent attention?
• Growing demand for cross-chain infrastructure
• Increased focus on scalable and interoperable blockchains
• Active development around EVM compatibility and developer tooling
The Moonbeam team continues to focus on making multi-chain development simpler and more accessible. Understanding GLMR means understanding where blockchain infrastructure is heading. DYOR.
