The Dual Identity of UMBR Coin: Umbrella Network (UMB) vs. Umbria Network (UMBR)
In the cryptocurrency space, it's not uncommon for token names or codes to be similar, and the UMBR coin is one such example. Currently, there are two main projects associated with "UMBR" or "UMB": the defunct Umbrella Network and its UMB token, and the actively developing Umbria Network and its UMBR token. Understanding the distinction between the two is crucial for assessing their current status and future prospects.
I. Umbrella Network (UMB): A Defunct Project
Umbrella Network was once a decentralized oracle service provider, aiming to deliver secure, scalable, and low-cost data solutions for smart contracts by leveraging Layer 2 Merkle Trees technology. The project was founded by Sam Kim in 2020, acquired blockchain advertising and analytics platform Lucidity in September 2021, and launched a $15 million oracle accelerator program in December of the same year.
Project Discontinuation
According to official announcements, Umbrella Network ceased operations on May 27, 2025. Its core products were shut down on September 30, 2025, and staking services ended on March 20, 2026. As of the time of writing, the project has completely ceased all activities. The project team stated that the prolonged crypto bear market, leading to a depletion of funds, was the primary reason for its discontinuation.
UMB Token Status
Umbrella Network's native token was UMB. During the project's operation, its all-time high price reached $2.57. However, since the project has ceased operations, the UMB token no longer has any practical application value or future development prospects. Currently, there is no active trading market for this token.
II. Umbria Network (UMBR): An Active Oracle Solution
Unlike Umbrella Network, Umbria Network is an independent crypto project with its native token UMBR, and it is actively developing its decentralized oracle service.
Project Positioning and Latest Developments
Umbria Network is dedicated to providing essential data infrastructure for multi-chain ecosystems, aiming to lower entry barriers for blockchain applications and foster dApp growth. The project continuously expands the application scope and capabilities of its oracle solutions by establishing partnerships with various blockchain platforms:
- Partnership with Rootstock: On April 24, 2024, Umbria Network announced a partnership with the Bitcoin sidechain Rootstock, aiming to deploy decentralized oracles on the Bitcoin blockchain to attract more Solidity developers and grow the Rootstock ecosystem.
- Partnership with Arthera: On March 28, 2024, the project partnered with Arthera to ensure transparency and reliability of on-chain data by providing a wide range of data APIs.
- Partnership with 5ireChain: In December 2024, Umbria Network became the exclusive oracle for the 5ireChain ecosystem, providing 7 high-frequency price data feeds, deeply aligning with 5ire's commitment to sustainability.
UMBR Token and Market Performance
The maximum supply of UMBR tokens is 10 million UMBR. As of August 17, 2026, the real-time price of UMBR is approximately $0.279, with a 24-hour trading volume of about $16,756.23. The circulating supply is approximately 27.34 million UMBR, with a market capitalization of around $7.27 million (data is subject to change and for reference only).
Future Development Prospects
Umbria Network's future development prospects are primarily reflected in its continuous technological innovation and ecosystem expansion. The project roadmap includes developing on-demand solutions, Random Number Generator 2.0, consensus mechanism upgrades, an on-chain data explorer, a new validator dashboard, and automation tools. These initiatives demonstrate Umbria Network's commitment to enhancing the efficiency, functionality, and market competitiveness of its oracle services. By continuously integrating with new Layer 1 and Layer 2 ecosystems, Umbria Network is expected to diversify its network coverage and secure a position in the decentralized oracle market.
How to Acquire UMBR Tokens
UMBR tokens can be traded on exchanges that still support the coin. Please verify the listing status before trading.
