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Buy or Exhange Raiden Network (RDN) at the Best Market Price Today.
Raiden Network Chart
The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations. The introduction of payment channels, specifically the type first described by the Lightning Whitepaper (which introduced the Lightning Network), seeks to fix the scalability and congestion issues that currently plague blockchain technology. While the Lightning Network operates on the Bitcoin blockchain, Raiden introduces a comparable solution for the Ethereum network. There are several key features of the Raiden Network Token. Expedited transfer confirmations (<1 second ). Current transfers on the Ethereum blockchain can take a few seconds to minutes. Private transfers that are not viewable on the global ledger. Solve scalability issues so that Ethereum can create mass adoption, allowing Ethereum to become the peer-to-peer, global payments infrastructure with electronic cash that it was initially designed for. Low fee transactions. Micropayment capability that works in union with any ERC-20 token. The Raiden Network project is being developed by Germany’s Brainbot Technologies AG, a software company devoted to blockchain protocol development. Founded in the year 2000 by Heiko Hees, it currently has between 11 to 50 employees in offices among Berlin, Mainz, and Copenhagen. Also the founder of PediaPress, Hees has been a core developer of Ethereum since March 2014. Being a core developer for Ethereum, it is evident on how the founder sees the flaws in the current its present protocol with ways to improve it. Interestingly enough, the website does not include RDN as one of their main blockchain developments, which could be attributed to the difficulty of highlighting a wide variety of projects they are currently undertaking on one page. However, there are no updates on the status of the Raiden Network Project on either Twitter nor Medium since December 1st, 2017. Raiden can be used for a wide variety of applications and purposes such as Micropayments For Content Distribution, Decentralized M2M Markets, API Access and Fast Decentralized Exchanges."
The current price of 1 Raiden Network (RDN) in USD is $0.003614.
This price is currently -99.96% than its all-time high (ATH) of $8.650,
and 71.22% than its all-time low (ATL) of $0.002111.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Raiden Network’s price.
The market capitalization of Raiden Network (RDN) is $184,822.00 as of today.
Raiden Network (RDN) is currently ranked #5582 in the market, and this market cap is calculated by multiplying the current price of Raiden Network with the circulating supply.
The circulating supply of Raiden Network (RDN) is 51,137,365, meaning there are 51,137,365 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Raiden Network (RDN) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Raiden Network (RDN)’s official platforms.
The trading volume of Raiden Network (RDN) today is $3,624.46.
This represents the total value of Raiden Network (RDN) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Raiden Network (RDN) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Raiden Network's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Raiden Network (RDN) to make well-informed trading decisions.
The all-time high (ATH) price of Raiden Network (RDN) is $8.650.
This ATH was reached on 09 Jan 2018, marking the highest value ever for Raiden Network (RDN) in the market.
Currently, Raiden Network is lower than its ATH by -99.96%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Raiden Network, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Raiden Network (RDN) is $0.002111.
This ATL was reached on 31 Aug 2024, marking the lowest value ever for Raiden Network (RDN).
Currently, Raiden Network is higher than its ATL by 71.22%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Raiden Network (RDN), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Raiden Network (RDN), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Raiden Network (RDN) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Raiden Network against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Raiden Network.
4. Place an Order: After funding your account, navigate to the Raiden Network (RDN) trading pair (e.g., Raiden Network/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Raiden Network in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Raiden Network (RDN).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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Buy or Exhange Raiden Network (RDN) at the Best Market Price Today.