Glacier Network Price
(GLS)
USD($)
Glacier Network (GLS) Live Price Chart
Overview
About
Analysis
FAQ
Glacier Network Live Price Data
The live price of Glacier Network is $0.03589, with a total trading volume of $ 425,333 in the last 24 hours. The price of Glacier Network changed by -7.51% in the past day, and its USD value has increased by +79.6% over the last week. With a circulating supply of -- GLS, the market cap of Glacier Network is currently -- USD, marking a --% increase today. Glacier Network currently ranks #-- in market cap.
How do you feel about Glacier Network today?
Note: This data is for reference only.
Glacier Network(GLS) Profile
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Website
Documentation
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Contract
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Audited By
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Code & Community
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$0.03408
$0.04687
- ATH
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- Price Change (1h)
- -0.19%
- Price Change (24h)
- -7.51%
- Price Change (7d)
- +79.60%
- Market Cap
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- 24h Volume
- $425,333
- Circulating Supply
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- Max Supply
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About GLS
How can I buy Glacier Network (GLS)?
Buying GLS on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Glacier Network (GLS) for more information. What Is Glacier Network (GLS) Crypto?
Glacier Network is a blockchain platform designed to enhance artificial intelligence (AI) applications. It offers a programmable, modular, and scalable infrastructure for managing data from both on-chain and off-chain sources. This setup supports AI, Decentralized Physical Infrastructure Networks (DePIN), and large-scale decentralized applications (dApps). The native cryptocurrency of Glacier Network is GLS.
The platform includes components like GlacierAI, GlacierDB, and GlacierDA to enable verifiable computing. GlacierAI features the world's first decentralized vector database (VectorDB) for AI, integrated with LangChain to optimize AI workflows. GlacierDB provides a data-centric network layer, streamlining dataset management on decentralized storage systems such as Arweave, Filecoin, and BNB Greenfield. GlacierDA offers a robust solution for off-chain verification and computation of AI and DePIN states, bridging the gap between blockchain and real-world applications.
How Does Glacier Network Work?
Glacier Network is a blockchain platform that enhances AI applications by providing a programmable, modular, and scalable infrastructure for managing data from both on-chain and off-chain sources.
It includes components like GlacierAI, GlacierDB, and GlacierDA to enable verifiable computing.
1. GlacierAI features the world's first decentralized vector database (VectorDB) for AI, integrated with LangChain to optimize AI workflows.
2. GlacierDB provides a data-centric network layer, streamlining dataset management on decentralized storage systems such as Arweave, Filecoin, and BNB Greenfield.
3. GlacierDA offers a robust solution for off-chain verification and computation of AI and DePIN states, bridging the gap between blockchain and real-world applications.
History of Glacier Network and GLS Coin
Glacier Network began in early 2022. The team established the project in the first quarter and developed a proof of concept in the second quarter. They released a draft whitepaper and launched development and marketing efforts in the third quarter. By the end of 2022, they had launched their official website and released a litepaper.
In 2023, Glacier Network achieved several milestones. They released their GitHub repositories and launched a testnet in the first quarter. They deployed on Arweave, BNB Greenfield, and Filecoin in the second quarter. An incentivized testnet and multiple storage layer upgrades followed in the third quarter.
Looking ahead, Glacier Network plans to integrate ZK-rollup technology. They aim to test this integration in the fourth quarter of 2023 and launch it on the mainnet in the first quarter of 2024. They also plan to improve user experience in the second quarter of 2024.
In June 2024, Glacier Network raised $8 million in funding, valuing the project at $100 million. This funding aims to advance the platform's development and its mission to integrate AI with blockchain technology.
Additionally, Glacier Network was selected for the University of California, Berkeley's 2024 Blockchain Xcelerator program, highlighting its potential in the blockchain industry.
What Is GLS Token Used for?
The Glacier Network (GLS) token serves multiple purposes within its ecosystem. Primarily, it incentivizes participants who operate verifier nodes, ensuring the network's security and efficiency.
Additionally, you can trade Glacier Network tokens on cryptocurrency exchanges. For instance, KuCoin listed GLS on December 18, 2024, allowing you to trade it on their spot market.
What Is Glacier Network Tokenomics?
Glacier Network's tokenomics outline the distribution and allocation of its native token, GLS. The total supply of GLS is 1 billion tokens. The allocation is as follows:
> Ecosystem & Treasury: 30%
> Founding Team & Advisors: 24%
> Node Rewards: 20%
> Pre-seed Round: 9%
> Angel Round: 7%
> Public Sale: 6%
> Seed Round: 3%
> Community Rewards: 1%
The public sale of GLS tokens took place from December 11 to December 18, 2024, offering 6% of the total supply (60 million tokens) at a price of $0.033 per token.
How to Participate in Glacier Network Airdrop
To participate in Glacier Network's (GLS) airdrop, follow these steps:
1. Join the Points Program: Visit the Glacier Points page. Connect your wallet and complete tasks on platforms like Galxe and TaskOn to earn points. Ensure you use the same wallet for all tasks.
2. Interact with AI Models: On the Glacier Points page, click "Start" to chat with AI models. You'll earn 10 points per vote, up to 100 points daily, with a maximum of 500 points.
3. Refer Friends: Generate your referral link on the Glacier Points page and share it. Both you and your referral will receive 50 points each.
After the Token Generation Event (TGE), GLS tokens will be distributed proportionally based on the points you've accumulated. These tokens will follow a vesting schedule, ensuring gradual release over time.
Glacier Network (GLS) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.00317 | -8.11% |
| 7 Days | $0.01591 | 79.60% |
| 30 Days | $0.01591 | 79.60% |
| 3 Months | $0.01591 | 79.60% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Glacier Network Conversion Rate
FAQ
How much is 1 Glacier Network (GLS) worth?
KuCoin provides real-time USD price updates for Glacier Network (GLS). Glacier Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time GLS to USD exchange rates. Is Glacier Network (GLS) a Good Investment?
Investing in Glacier Network (GLS) offers several advantages:
1. Innovative Technology: Glacier Network is building a programmable, modular, and scalable blockchain infrastructure designed to enhance AI scalability. It integrates components like GlacierAI, GlacierDA, and GlacierDB to support decentralized AI computing and data management.
2. Strong Financial Backing: In June 2024, Glacier Network secured $8 million in funding during its Angel and Seed rounds, valuing the project at $100 million. This substantial investment indicates strong confidence from investors in the project's potential.
3. Market Accessibility: As of December 18, 2024, GLS tokens are listed on major cryptocurrency exchanges like KuCoin, providing you with the opportunity to trade GLS on their spot market.
4. Ecosystem Growth: Glacier Network has achieved significant milestones, including over 10 billion queries and 10.5 million on-chain CRUD transactions. Its data storage ranks first on the BNB Greenfield layer, highlighting its growing ecosystem and adoption.
These factors suggest that investing in GLS could be a promising opportunity, especially if you're interested in projects at the intersection of blockchain and AI technologies.
What Is Glacier Network Price Prediction?
Several factors can influence the price of Glacier Network's (GLS) token:
1. Market Demand and Supply: The balance between buyers and sellers directly affects GLS's price. High demand with limited supply can drive the Glacier Network up, while low demand or increased supply may lead to a decrease in the GLS to USD price.
2. Technological Developments: Advancements in Glacier Network's infrastructure, such as enhancements to GlacierAI, GlacierDB, and GlacierDA, can boost investor confidence and positively impact the GLS token price.
3. Partnerships and Integrations: Collaborations with other projects or platforms can expand GLS's utility and adoption, potentially increasing its market value.
4. Market Sentiment: General perceptions and attitudes toward the cryptocurrency market, as well as specific sentiments about GLS, can cause $GLS price fluctuations.
5. Trading Volume and Liquidity: Higher trading volumes and liquidity on exchanges like KuCoin can lead to more stable prices, while low liquidity might result in increased volatility in the GLS crypto price.
Understanding these factors can help you make informed decisions when considering investing in GLS tokens.
What is the market cap of Glacier Network (GLS)?
The current market cap of GLS is $22.41M. It is calculated by multiplying the current supply of GLS by its real-time market price of $22.41M.
How do I store Glacier Network (GLS)?
You can securely store your Glacier Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your GLS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Monero (XMR) to cash?
You can instantly exchange your Monero (XMR) for cash using KuCoin's Fast Trade feature. This feature enables you to convert XMR to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.