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  • 03 Oct 2025

State of Nillion Q2 2025

  • Messari Research
    • Jake Koch-Gallup

    • 18 pages


 

In Q2 2025, Nillion strengthened its infrastructure, ecosystem, and research initiatives while advancing toward production-ready privacy. The circulating market cap declined 33.9% to $56.9 million, staking participation rose to 4.4% of the eligible supply, and validator count grew to 50. Developer activity also rebounded in June, averaging 13.8 daily commits. The ecosystem expanded with more than 60 projects and 75 native applications in development, supported by integrations with Coinbase Developer Platform, Monad, and enterprise partners such as Deutsche Telekom, Alibaba Cloud, and Vodafone’s Pairpoint. Notable milestones included the launch of the Enterprise Cluster, new research outputs such as Fission and The Nillion Standard, and recognition by CB Insights as one of the top AI startups of 2025. Technical progress featured the release of nilGPT, a privacy-preserving chatbot, and the introduction of Blind Provable Interfaces (BPIs) as a framework for data access and compensation.

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State of Nillion Q2 2025

  • Published: 03 Oct 2025
  • Author: Jake Koch-Gallup
  • Pages: 18
  • Messari Research


In Q2 2025, Nillion strengthened its infrastructure, ecosystem, and research initiatives while advancing toward production-ready privacy. The circulating market cap declined 33.9% to $56.9 million, staking participation rose to 4.4% of the eligible supply, and validator count grew to 50. Developer activity also rebounded in June, averaging 13.8 daily commits. The ecosystem expanded with more than 60 projects and 75 native applications in development, supported by integrations with Coinbase Developer Platform, Monad, and enterprise partners such as Deutsche Telekom, Alibaba Cloud, and Vodafone’s Pairpoint. Notable milestones included the launch of the Enterprise Cluster, new research outputs such as Fission and The Nillion Standard, and recognition by CB Insights as one of the top AI startups of 2025. Technical progress featured the release of nilGPT, a privacy-preserving chatbot, and the introduction of Blind Provable Interfaces (BPIs) as a framework for data access and compensation.

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