Raiden Network (RDN)

charts, markets, prices and volume

Price

$0.7455 +0.3%

฿ 0.00011712 +0.7%

MARKET CAP

$37,403,949

5,876 BTC

24H VOLUME

$254,385

40 BTC

24H LOW/HIGH

$0.7346 - $0.7760

฿0.00011539 - ฿0.00011719

ALL TIME HIGH

$9 -91.79%

฿0.00062800 -81.35%

ROI

6318%
May 28, 2015

CIRCULATION

50.17m RDN

Buyers 46%

across 9 markets

54% Sellers
RDN=

What is Raiden Network?

The Raiden network is envisioned as the Ethereum blockchain’s additional layer. An off-chain scaling solution for ERC20 tokens and their rising transaction demand. It proposes the usage of "Payment channels" (PCs) technology, ensuring near instant, low fee, secure transactions. PCs act as a blockchain based token escrow providing the proof of balance to exchanging parties. This allows token transactions without an on-chain record for each of them. Only the opening and closing of PCs are recorded on the blockchain and incur gas fees. Two users can transact by opening a bi-directional channel. The Raiden network's routing protocol conducts transfers outside the bi-directional channels. The RDN token is an incentive mechanism for the auxiliary services providers (full nodes, developers etc.). Users could pay the fees for better network experience. RDN's are also used for micropayments on µRaiden (Micro Raiden) network which is focused is on frequent unidirectional transactions.

Market Name Traded On Average Price 24h Volume
RDN/BTC Binance, Huobi, Bitfinex, Kucoin 0.00011720 BTC $152,462
RDN/ETH Binance, Huobi, Gate.io, Kucoin 0.00166452 ETH $96,442
RDN/BNB Binance 0.05865000 BNB $5,475
RDN/BTC
24h Volume $152,462
Market pair traded On
RDN/ETH
24h Volume $96,442
Market pair traded On
RDN/BNB
24h Volume $5,475
Market pair traded On

Fundamental Cryptocurrency Data

Symbol RDN
Name Raiden Network
Algorithm ERC20
Circulating supply 50,168,936 RDN
Official website raiden.network
Trading volume of all markets for this coin $254,385
Raiden Network RDN Prices 0.00011712 BTC
$0.7455 USD
€0.64 EUR
£0.56 GBP
840.86 KRW
83.81 JPY
1.00 AUD
0.98 CAD
0.75 CHF
4.98 CNY
0.00 XAU (= 0.00) grams GOLD
0.05 XAG (= 1.42) grams SILVER
Marketcap 5,876 BTC
$37,403,949 USD
€31,962,534.89 EUR
£28,234,969.52 GBP
42,185,483,057.22 KRW
4,204,583,541.28 JPY
50,306,852.93 AUD
49,153,689.18 CAD
37,431,366.30 CHF
249,907,005.86 CNY
851.66 kg gold
66,922.49 kg silver