About Radix
Radix (XRD) is a cryptocurrency launched in 2021. Radix has a current supply of 13,125,040,215.48913084 with 10,725,034,473.84595167 in circulation. The last known price of Radix is 0.01044734 USD and is down -4.25 over the last 24 hours. It is currently trading on 39 active market(s) with $1,497,002.07 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
$101,253,651.59
FDV
Not enough data
Circulating Supply
10,726,942,576.271 XRD
Max Supply
Not enough data
Total Supply
13,126,942,645.371 XRD
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$1,613,827.95
0.47%
Volume (7D)
$10,774,949.47
Volume (30D)
$47,050,802.73
All time high
$0.56
Overall Price Change (1Y)
-0.81%
Additional info about Radix
Recent trends
The price of Radix has decreased by 0.79% in the last hour and decreased by 6.44% in the past 24 hours. Radix’s price has also fallen by 11.40% in the past week. The current price is $0.0094 per XRD with a 24-hour trading volume of $1.61M. Currently, Radix is valued at 98.31% below its all time high of $0.56. This all-time high was the highest price paid for Radix since its launch. The current circulating supply of Radix is 10,726,942,576.271 XRD which means that Radix has as total market cap of $101,253,651.59.
Market details
XRD vs markets
↘ 85.3%
XRD vs BTC
↘ 87.33%
XRD vs ETH
↘ 65.65%
Tags
platform
layer-1
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0094 | ↘ 6.44% |
1 Day | $0.0101 | ↘ 6.44% |
1 Week | $0.0107 | ↘ 11.40% |
1 Month | $0.0093 | ↗ 1.75% |
1 Year | $0.0500 | ↘ 81.13% |
FAQ
Radix (XRD) is a layer 1 smart contract platform that strives to decentralize the global financial system. It is designed with a unique asset-oriented programming language, Scrypto, which aims to improve the Web3 and DeFi developer experience by providing assets (tokens) as a native first-class feature of the language. Radix also features the Radix Engine, a programmable "DeFi Engine", and Cerberus, a unique consensus algorithm that provides atomic composability with linear scalability. The RADIX token, with the ticker XRD, is the native token of the Radix Public Network.
Radix operates using a unique BFT-style consensus algorithm called Cerberus. This algorithm is the result of seven years of research and development, and it is designed so that all transactions are atomically composed across shards. This feature is crucial for DeFi to scale to billions of users. Cerberus is also supported by the Radix network's Delegated Proof of Stake (DPoS) system to protect against Sybil attacks. This system allows holders of the XRD token to delegate stake to validator node-runners.
Radix seeks to provide a platform for the development of DeFi and Web3 applications. Its unique asset-oriented programming language, Scrypto, is designed to make the development of these applications faster and more secure. The Radix Engine, a "DeFi Engine", seeks to enhance DeFi in a similar way that game engines have enhanced game development. The XRD token is utilized in the security of the Radix Public Network through its role in Radix’s Delegated Proof of Stake system. XRD is also the token that compensates for transaction processing on Radix, which are then removed from circulation.
Radix was founded by Dan Hughes, a UK-based developer who discovered Bitcoin in 2012. After researching Bitcoin for a year, he started eMunie (later renamed Radix) in May 2013. For the next five years, Hughes focused on solving the scalability problem, inventing and testing multiple consensus architectures. In 2017, Piers Ridyard joined as CEO, the project was renamed Radix, and funding was raised from various sources. The breakthrough of Cerberus in 2020 created a cross-shard atomically composable consensus protocol. The first iteration of the Radix Public Network, “Olympia”, went live in July 2021, and the DeFi development language, Scrypto, was released in early access form in December 2021.
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The current market cap of Radix is $101.25M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Radix is $0.56. This all-time high is highest price paid for Radix since it was launched.
Over the last 24 hours, the trading volume of Radix is $1.61M.
Assets that have a similar market cap to Radix include Metis, Request, Spell Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Radix is 11 billion.
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Radix news
Social stats
Popularity in posts
#632
Contributors
452
Posts
836
% About Radix
0.059%
Articles
1
Hold times
0 days
X (Twitter)
58.57% bullish
Sentiment
3.0 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
452 unique individuals are talking about Radix and it is ranked #632 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Radix has an average sentiment score of 59 out of 5. Finally, Radix is becoming less newsworthy, with 1 news articles published about Radix.
On Twitter, people are mostly bullish about Radix. There were 63.67% of tweets with bullish sentiment compared to 8.71% of tweets with a bearish sentiment about Radix. 36.33% of tweets were neutral about Radix. These sentiments are based on 270 tweets.
On Reddit, Radix was mentioned in 276 Reddit posts and there were 958 comments about Radix. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.