Raiden Network (RDN)

charts, markets, prices and volume

Price

$0.5589 +0.13%

฿ 0.00008609 +0.95%

MARKET CAP

$28,036,085

4,319 BTC

24H VOLUME

$436,866

67 BTC

24H LOW/HIGH

$0.5440 - $0.5732

฿0.00008372 - ฿0.00008610

ALL TIME HIGH

$9 -93.85%

฿0.00062800 -86.29%

ROI

4736%
May 28, 2015

CIRCULATION

50.17m RDN

Buyers 45%

across 14 markets

55% 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, Bibox, OKEx, Kucoin, Bitfinex 0.00008619 BTC $328,799
RDN/ETH Binance, Huobi, Bibox, Gate.io, OKEx, Bitfinex, Kucoin 0.00272985 ETH $101,334
RDN/BNB Binance 0.05695000 BNB $6,751
RDN/BTC
24h Volume $328,799
Market pair traded On
RDN/ETH
24h Volume $101,334
Market pair traded On
RDN/BNB
24h Volume $6,751
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 $436,866
Raiden Network RDN Prices 0.00008609 BTC
$0.5589 USD
€0.48 EUR
£0.43 GBP
629.60 KRW
62.76 JPY
0.78 AUD
0.73 CAD
0.55 CHF
3.87 CNY
0.00 XAU (= 0.00) grams GOLD
0.04 XAG (= 1.13) grams SILVER
Marketcap 4,319 BTC
$28,036,085 USD
€24,320,715.24 EUR
£21,333,750.71 GBP
31,585,173,337.67 KRW
3,148,366,869.08 JPY
39,347,019.63 AUD
36,450,555.58 CAD
27,839,412.16 CHF
194,219,980.91 CNY
648.99 kg gold
54,214.46 kg silver