About Raiden Network Token
Raiden Network Token (RDN) is a cryptocurrency and operates on the Ethereum platform. Raiden Network Token has a current supply of 99,999,999.99999995 with 0 in circulation. The last known price of Raiden Network Token is 0.00207956 USD and is down -2.04 over the last 24 hours. It is currently trading on 15 active market(s) with $3.78 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
Not enough data
FDV
$228.64K
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
100M RDN
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$3.97
0.16%
Volume (7D)
$26.88
Volume (30D)
$166.56
All time high
$8.84
Price Change (1Y)
-82.58%
Additional info about Raiden Network Token
Recent trends
The latest RDN price is $0.0023. Compared to Raiden Network Token's value of $0.00 from 24 hours ago, there's been a -1% decrease, while the current price is 6% up from $0.00 which was recorded one week ago. Raiden Network Token's all time high is $8.84, which was reached on January 9, 2018. This is a -100% change from its price today.
The fully diluted valuation of Raiden Network Token is $228.64K. The diluted valuation of Raiden Network Token is $228.64K.
Market details
RDN vs markets
↘ 86.21%
RDN vs BTC
↘ 88.43%
RDN vs ETH
↘ 74.34%
Tags
platform
defi
scaling
state-channel
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x255Aa6DF07540Cb5d3d297f0D0D4D84cb52bc8e6 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0023 | ↘ 0.67% |
1 Day | $0.0023 | ↘ 0.67% |
1 Week | $0.0021 | ↗ 6.47% |
1 Month | $0.0019 | ↗ 17.66% |
1 Year | $0.0131 | ↘ 82.58% |
FAQ
Raiden Network token (RDN) is a cryptocurrency belonging to the Raiden project. The Raiden is an open-source project that uses state channel technology to scale Ethereum. The state channel technology is a process that facilitates users to transact outside the blockchain. According to the website, to carry out the process of scaling, Raiden project developed the network known as Raiden Network.
The Raiden Network is an off-chain scaling solution that functions on the Ethereum blockchain and seeks to enable economical, fast, and scalable token transfer for ERC-20 tokens. The term off-chain signifies transactions that take place outside the blockchain. The network also seeks to provide users with security, privacy, finality, and decentralization like blockchains. Thus, aiming to create an ecosystem where users can transfer tokens without a global consensus mechanism while resolving the issues that existed with the Ethereum blockchain. To operate on the network, users and clients have to pay fees for the payment channels to transfer tokens. The payment channels are the technology that facilitates off-chain transfers of on-chain tokens. These fees thus collected by the network are of two types:
The collection of these fees aims to allow the network to function properly while ensuring proper maintenance of the network. Further, to ensure a proper service framework on the network is maintained, the Raiden project introduced the cryptocurrency, the RDN token. The RDN token is a virtual currency of the Raiden Network and aims to be used for many service-related purposes on the network, which includes:
These utilities of the RDN token seek to help in maintaining a proper operational structure for the service framework within the Raiden Network.
The Raiden Network launched its token RDN on October 18, 2017. The token has a maximum total supply of 100,000,000 RDN.
We update our Raiden Network Token to USD currency in real-time. Get the live price of Raiden Network Token on Coinbase.
The current market cap of Raiden Network Token is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Raiden Network Token is $8.84. This all-time high is highest price paid for Raiden Network Token since it was launched.
Over the last 24 hours, the trading volume of Raiden Network Token is $3.97.
Assets that have a similar market cap to Raiden Network Token include LeisurePay, EverETH Reflect, BABY DRAGON, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Raiden Network Token is 0.
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