Nillion’s native token NIL, powering a decentralized privacy and “blind computation” network, has experienced sharp volatility, slumping over 50% recently after an unauthorized market-maker sell-off forced a team-backed buyback to stabilize prices.
Current trading sees NIL still far below its all-time high near $0.95 from March 2025, with market sentiment mixed amid broader altcoin weakness.
Longer-term narrative remains tied to strategic upgrades like an Ethereum bridge and expanded privacy compute tooling that could boost utility and demand.
Technical indicators show occasional short-term rebounds, but persistent sell pressure and low liquidity keep the outlook cautious.
Investors are watching support levels around recent lows while hype over privacy-centric solutions fuels occasional trading interest.
NIL
0.069
-8.36%