Messari.io
-
16:00 Apr 29, 2025
Moonbeam recorded 5.8 million transactions in Q1 2025, an 11.6% increase quarter-over-quarter, even as daily active addresses declined by 20.2%. GLMR’s market capitalization fell 69.3% to $70.8 million amid a broader altcoin market pullback. Key developments included system-level upgrades that reduced gas costs by 75%, ecosystem expansion through projects like Nectar Protocol and N3MUS, and governance reforms via a newly constituted Treasury Council. Despite financial headwinds, Moonbeam’s infrastructure and ecosystem initiatives positioned the network for sustainable future growth.