Beam in November 2026: A network built for games, and a token that has more than tripled since its June low
Beam (BEAM) is the token of the Beam network, a blockchain that grew out of the gaming community Merit Circle and is aimed at game studios. BEAM is trading at $0.0044321 and, with a market capitalisation of about $197.9 million, ranks 125th among the largest crypto assets. The data provider lists it in categories including Gaming and Play-to-Earn. To place Beam in context, compare it with other gaming projects such as The Sandbox and Axie Infinity, and on the technical side with Avalanche, whose technology the network builds on.
What has changed in recent weeks
October opened at $0.001979 and closed at $0.005166, a gain of about 161 percent in a single month. On 1 November the price reached $0.006268, the highest level of the past twelve months. Since then BEAM has given back a large part of that move. The low on 4 November was $0.003792, and today the price stands about 37 percent below the high of 1 November. That leaves a loss of about 17.7 percent over seven days, a gain of about 58.4 percent over 30 days and a gain of about 181.6 percent over 90 days.
Why this prediction is cautious
For 2026 the token shows a gain of about 41 percent: from the closing price of the first trading day of the year, $0.002785, BEAM has risen to roughly $0.003932. It is still about 91 percent below its all-time high of $0.04434 from 10 March 2024. A run of more than 180 percent in 90 days is no yardstick for the coming years, and the first days of November showed how quickly such gains can shrink. Under our methodology our scenarios start from the price at the beginning of the year, so the average for 2026 sits practically on today's price.
The crypto market right now
Total value and sentiment of the market from our own charts. While the page is open, the values refresh at the pace of their source.
What Beam is and what BEAM is used for
In its documentation Beam describes itself as an open-source, sovereign blockchain network that uses the technology of Avalanche and operates independently. Game studios get tools to build player accounts, digital items, a marketplace and swap functions into a game. BEAM is the gas token of the network, so it pays for transactions. The documentation also lists governance votes, payments within the ecosystem and token burning as uses.
From Merit Circle to Beam
BEAM is not a new token. It emerged from MC, the token of the gaming community Merit Circle. According to Merit Circle's guide, the conversion began on 26 October 2023, and every MC was exchanged for 100 BEAM. The price history at the data provider therefore goes back to October 2021. That helps with the assessment: there is data covering more than one market cycle, including the all-time high of $0.04434 on 10 March 2024 and the twelve-month low of $0.001223 on 25 June 2026.
The supply side
According to CoinMarketCap about 50.32 billion BEAM are in circulation, and the total and maximum supply is about 58.47 billion. That means about 86 percent of the supply can already be traded. The market capitalisation of about $197.9 million compares with a fully diluted value of about $229.9 million, so the gap is small. The project does not currently publish a complete emission schedule for the remaining 8.15 billion or so BEAM. The documentation says the schedule has changed because of burns and longer lock-ups, and that more details will follow.
What is still pending: the Horizon upgrade
According to the documentation, the upgrade called Horizon is meant to turn Beam into a proof-of-stake network. Participants could then secure the network themselves or delegate to validators and share in transaction and protocol fees. The documentation gives no date for this upgrade. We therefore factor in no effect on the price as long as it is not live.
Where BEAM trades
We measured the distribution of daily volume ourselves, across the spot market trading pairs. We captured 61 spot pairs with a combined volume of about $16.5 million over 24 hours, of which only about $0.75 million sat in decentralised pools. BEAM is therefore not DEX-heavy. Four centralised exchanges each carry more than one million dollars: Binance with about $3.81 million, Upbit with about $2.94 million, Biconomy with about $1.22 million and BtcTurk with about $1.06 million. The most reliable venues are the two large ones, Binance and Upbit, which together account for about 41 percent of the measured volume. As with Immutable, it is ultimately use by games that decides the value, not trading in the token.
