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Glacier Network Price

(GLS)

Note: This cryptocurrency has not yet been officially listed on KuCoin Thailand.

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Glacier Network (GLS) Live Price Chart

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    GLS(GLS) Profile

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    ATH
    ฿0.08681797
    Price Change (1h)
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    Price Change (24h)
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    Price Change (7d)
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    Market Cap
    24h Volume
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    Circulating Supply
    118,500,000
    Max Supply
    1B

    About Glacier Network

    • 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.

    FAQ

    • 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 all-time high price of Glacier Network (GLS)?

      The all-time high price of Glacier Network (GLS) is 0.09. The current price of GLS is down -- from its all-time high.

    • How much Glacier Network (GLS) is there in circulation?

      As of 1 23, 2026, there is currently 118,500,000 GLS in circulation. GLS has a maximum supply of 1B.

    • How do I store Glacier Network (GLS)?

      You can store your Glacier Network in the custodial wallet of a cryptocurrency 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), a hardware wallet, a third-party crypto custody service, or a paper wallet.