What is Nillion?
Nillion (NIL) is an altcoin currently ranked 589th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.
Market position
At the current price of $0.0590, Nillion carries a market capitalization of $26.44M. Daily trading volume across exchanges sits at roughly $37.15M. That works out to a 24-hour turnover of about 140.49% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.
Price action across timeframes
Over the past 24 hours, Nillion has moved -1.33%; over the past week, Nillion has moved ++6.90%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.
Cycle position
Nillion is currently trading far below its all-time high (all-time high of $0.9510, -93.8% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward.
Supply & dilution
The circulating supply stands at 1,000,000,000 NIL. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.
Volatility profile
Recent price action puts Nillion in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.
How to evaluate Nillion
A balanced read on NIL typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is NIL performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Nillion (NIL) is a decentralized network designed to enable efficient and scalable computations without sharing or exposing raw data. It aims to enhance privacy and security in various applications while maintaining high performance. Source: CoinPaprika.com