Moonbeam's GLMR Token Surges Amid AI Settlement Network Development

Moonbeam (GLMR) is an ERC-20 token on Base that was previously a Polkadot parachain token. On September 27, 2026, GLMR traded $38.50 million, which is 9.8 times its daily average from the previous three days.

Since its relaunch on July 3, 2026, Moonbeam has been building an AI agent settlement network on Base. The token closed at $0.007899 on September 27, 2026, which is 42.1% above its close on September 16 and 9.5% above the previous day's close.

The all-time high for GLMR was $19.50 on January 11, 2022, but this year's price has been significantly lower, with a 99.96% drawdown from that peak.