Glimmer (GLMR) has experienced a 26% price increase in the last 24 hours, taking the price of the token to just over $11. GLMR is the utility and governance token for the Moonbeam network, which operates as a parachain on the Polkadot network.
The Moonbeam network went live on Polkadot on the 11th of January, making it the first fully operational parachain on Polkadot.