Shimmer is an incentivized, feeless, highly interoperable Layer 1 network for scalable digital assets, tokenization, and innovation, serving as a testing ground for IOTA upgrades with SMR tokens.
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Shimmer is an innovative Layer 1 network designed to promote the growth of fee-less, highly interoperable digital assets and token economies. Similar to IOTA, Shimmer utilizes a DAG-based parallelized settlement layer with greater Layer 2 capacity than traditional blockchains. It serves as a testing ground for new innovations aimed at the IOTA ecosystem. Its native currency is SMR. Why choose Shimmer? Unlimited Asset Possibilities. Tokenization Capabilities: Anyone—including Layer 2 smart contract chains—can create and transfer custom tokens and NFTs directly on the base layer at no cost, with no need for bridges. Enhanced Interoperability: All transfers on Shimmer are fee-free, and chains connected to Shimmer can use it as a secure, fee-less bridge for all transactions. Layer 2 bridges ar...
As of now, Shimmer is trading at 0.00073 USD, with a 24-hour trading volume of approximately 0 USD. The SMR to USD price is updated in real time. Over the past 24 hours, Shimmer has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 1.06M USD. Currently, there are 1 450 896 407 SMR in circulation out of a maximum supply of 1 813 620 509 SMR.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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