Moonbeam | Crypto

Moonbeam didn’t provide a timeline for when it would launch the AI agent platform but told GLMR holders to bridge their tokens from the Polkadot parachain to Base before July 31. Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market.  “This is a pivot to the most exciting frontier in crypto: autonomous AI agents that find each other, negotiate work, and pay each other entirely on-chain, without a middleman,” Moonbeam said in a statement announcing the Moonbeam Protocol on Friday.  “We believe AI-native on-chain coordination represents a significant long-term opportunity. This transition allows us to focus resources around that direction,” Moonbeam added. Read more

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.