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Nillion Price

(NIL)

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

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Nillion (NIL) Live Price Chart

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    Note: This data is for reference only.
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    NIL(NIL) Profile

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    ATH
    ฿0.9515934
    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
    303,625,167
    Max Supply
    100,000,000

    About Nillion

    • What Is Nillion (NIL) Crypto?

      Nillion is a decentralized network that allows you to store and process sensitive data securely, similar to how blockchains decentralize transactions. It enables private computation, meaning you can work with encrypted data without exposing it. 

       

      This is particularly useful for applications like personalized AI, private healthcare analytics, and secure messaging. The network uses nodes to form clusters that handle data processing and storage, ensuring your information remains confidential. 

       

      NIL is the native utility token of the Nillion Network. You can use NIL tokens to pay for services within the network, participate in governance, and incentivize network participants.

    • How Does Nillion Work?

      Nillion operates through a multi-layered system to ensure secure and private data processing:

       

      1. Processing Layer: Nodes equipped with Nillion's Node Deployment Kit (NDK) form clusters. These clusters collaboratively process your data securely.

      2. Coordination Layer: This blockchain-based environment manages payments, requests, and resource coordination within the network.

      3. Connectivity Layer: It enables the network to interface with external systems and blockchains, expanding access to Nillion's computing and storage capabilities.

       

      Within each node, several components work together:

       

      > Cryptographic Preprocessor: Generates blinding factors to mask your data, ensuring privacy.

      > Secure Resource Vault: Stores these blinding factors securely, distributing trust across the network in a quantum-safe manner.

      > Coordination Interface: Manages information flow and payments through the Coordination Layer.

      > Public Particle Database: Holds masked data particles, allowing flexible and secure storage.

      > Program Library: Provides access to a collection of user-generated programs for data processing.

      > Authentication and Access Control Service: Manages network authentication and data access collaboratively.

       

      By integrating these layers and components, Nillion enables you to process and store sensitive data securely and privately.

    • History of Nillion and NIL Coin

      Nillion was founded by a team of experienced professionals:

       

      > Conrad Whelan: Founding Engineer of Uber.

      > Andrew Masanto: Founding CMO of Hedera Hashgraph.

      > Slava Rubin: Founder of Indiegogo.

      > Lindsay Danas Cohen: Former Associate General Counsel at Coinbase.

       

      The company began its development phase around September 2022. Over the next 15 months, the team focused on building the core infrastructure and tools for the Nillion Network. By November 2023, they completed Phase I, which involved internal testing and collaboration with external builders. They planned to launch a public testnet in 2024.

       

      In June 2024, Nillion announced a Community Round, allowing public participation at the same valuation as their Series A token sale. This initiative aimed to include the community alongside venture capitalists.

       

      By December 2024, Nillion introduced the Nillion Nucleus program to support developers building on their network. This program offers assistance in areas like market research, business development, fundraising, and technical guidance.

    • What Is NIL Token Used for?

      NIL is the native utility token of the Nillion Network. You can use NIL tokens to pay for services within the network, participate in governance, and incentivize network participants.

       

      You can also trade Nillion tokens on KuCoin's Pre-Market. This allows you to buy and sell NIL before its official launch on the spot market.

    • How to Claim Nillion Airdrop

      As of February 20, 2025, the registration period for Nillion's (NIL) airdrop has concluded. Eligible participants who registered before the February 3, 2025, deadline will receive their NIL tokens in their claim wallets following the Alpha Mainnet launch. 

      If you registered, monitor Nillion's official channels and website for updates on the exact claim process and timelines.

    FAQ

    • Is Nillion (NIL) a Good Investment?

      Investing in Nillion (NIL) offers several potential benefits:

       

      1. Innovative Technology: Nillion introduces a decentralized network that enables secure data processing without decryption, enhancing data privacy and security.

      2. Diverse Use Cases: The platform supports applications across various sectors, including confidential AI model training, secure messaging, and private healthcare analytics, indicating a broad market potential.

      3. Community-Centric Approach: Nillion emphasizes community involvement by offering investment opportunities at valuations equal to those of private funding rounds, fostering a sense of ownership among participants.

      4. $NIL Staking Opportunities: Holders of NIL tokens can participate in network staking, potentially earning rewards while contributing to network security and decentralization.

      5. Strong Team and Partnerships: Led by experienced professionals from companies like Uber and Indiegogo, Nillion has secured significant funding from reputable investors, underscoring confidence in its mission and technology.

    • What Is Nillion Price Prediction?

      The $NIL price prediction is influenced by several key factors:

       

      1. Supply and Demand Dynamics: The balance between the number of NIL tokens available and the market's desire to acquire them plays a crucial role. High demand with limited supply can drive the NIL to USD price up, while an oversupply with low demand can lead to Nilion price decreases.

      2. Ecosystem Development: Progress in Nillion's technology, partnerships, and real-world applications can enhance investor confidence, potentially increasing the NIL token pice.

      3. Market Sentiment: General perceptions of the cryptocurrency market, influenced by news, social media, and global economic conditions, can impact NIL's price.

      4. Tokenomics: The total supply of NIL tokens is capped at 1 billion, with allocations for community incentives, early backers, and ecosystem partners. This structured distribution can influence liquidity and, subsequently, NIL crypto price movements.

      5. Trading Activity: The volume of NIL tokens being bought and sold on exchanges affects NIL coin price stability and volatility.

    • What is the all-time high price of Nillion (NIL)?

      The all-time high price of Nillion (NIL) is 0.95. The current price of NIL is down -- from its all-time high.

    • How much Nillion (NIL) is there in circulation?

      As of 1 24, 2026, there is currently 303,625,167 NIL in circulation. NIL has a maximum supply of 100,000,000.

    • How do I store Nillion (NIL)?

      You can store your Nillion in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your NIL 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.