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Raiden Network Token (RDN) Statistics

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Raiden Network Token

RDN

0.26720510
Price (USD)
2.70%
24h Change
0.00006754
Price (BTC)

Cryptocurrency Information

All-Time High USD
8.6507
Since All-Time High Change
-96.91%
All-Time High Date
2018-01-09

Marketcap (BTC)
3,416.76269694
Marketcap (USD)
13,517,409.57

24h Volume (USD)
776,970.55

7d Change
17.68%
14d Change
31.12%
30d Change
22.79%

Circulating Supply
50,593,935
Total Supply
99,999,999

Influence Statistics

Alexa Rank
723276
Facebook Likes
0
Twitter Followers
24886

What is Raiden Network Token?

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 (