Shimmer is a multichain, scalable network to build, connect, and secure sovereign Blockchain networks, enabling the frictionless transfer of assets and data across networks. The foundation of Shimmer is the parallelized UTXO-based DAG ledger. This allows anyone to mint and transfer native assets feelessly under a storage deposit model. On top of the DAG is a flexible application layer offering full EVM-compatibility and WASM support. Additionally, Shimmer will act as a staging network for upgrades to the IOTA ledger.
The first blockchain network to launch on Shimmer will be the ShimmerEVM, which removes traditional points of friction with asset composability.
Both the underlying DAG and the ShimmerEVM run on SMR token, with was allocated entirely to the community of IOTA stakers over a 90-day period.
Where is Shimmer available for purchase?
You can exchange SMR tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Shimmer is MagicSea (ShimmerEVM), notably the SMR/SMR pair, which saw a trading volume of $ 71.09 in the past day.
What is the highest value Shimmer (SMR) has ever reached?
Shimmer (SMR) reached its peak price at 0.1788 $ on 06 October 2022, approximately 3 years ago ago. Presently, the current price is -99.83% lower than this all-time high.
What is the historical minimum price for Shimmer (SMR)?
The minimum price reached for Shimmer (SMR) was 0.0001638 $, documented on 17 June 2025, more than 2 months ago. In comparison, the current price is 83.98%, it above this historical low.
What is the fully diluted valuation of Shimmer (SMR)?
The fully diluted valuation (FDV) of Shimmer (SMR) stands at $ 358,408. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,813,620,509 SMR tokens. The realization of this FDV might take several years depending on the emission schedule of SMR tokens.