Shiden Network (SDN) is not tradable on Coinbase.
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Shiden Network Price (SDN)
Market stats
Shiden Network is on the decline this week. ↘
The price of Shiden Network has decreased by 1.98% in the last hour and decreased by 1.36% in the past 24 hours. Shiden Network’s price has also fallen by 19.19% in the past week. The current price is $0.15 per SDN with a 24-hour trading volume of $83.46K. Currently, Shiden Network is valued at 97.91% below its all time high of $7.41. This all-time high was the highest price paid for Shiden Network since its launch.
The current circulating supply of Shiden Network is 65,673,581.072 SDN which means that Shiden Network has as total market cap of 65,673,581.072.
Overall
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$10.2M
Volume (24h)
$83,464.79
Circulating
65.7M SDN
All time high
$7.41
Price change
1 hour
↘ 1.98%
1 day
↘ 1.36%
1 week
↘ 19.19%
2 weeks
↘ 27.97%
1 month
↗ 8.47%
1 year
↘ 50.23%
1 year benchmarks
Performance
↘ 51.35%
Vs. Market
↘ 75.68%
Vs. BTC
↘ 77.55%
Vs. ETH
↘ 65.52%
About Shiden Network
FAQ
Shiden Network (SDN) is a smart contract network for decentralized application (DApp) layer built on the Kusama Network that supports multiple blockchains. By design, Kusama doesn’t support smart contract functionalities. Shiden is designed to accommodate "layer 2" solutions- supplementary frameworks built on top of current blockchains to enhance the transaction speeds and scalability of the network.
As mentioned on the platform’s website, Shiden aims to work as a parachain on Kusama. Parachains are user-generated blockchains that are connected to Kusama's Relay Chain, the network's main blockchain. Kusama's shared security, consensus, and transaction settlements are all handled via the Relay Chain.
In addition, Shiden has a test network called Shibuya that behaves quite similar to the Shiden. Shibuya is connected to the network’s own relay chain. Any new features incorporated in the network are first tested on Shibuya before deploying them on Shiden. In this way, users can test their smart contracts on Shibuya before deploying them on Shiden to verify functionality.
The native token of the Shiden network is represented as ‘SDN.’ Users need to pay in SDN for executing transactions and deploying smart contracts on the network. SDN token holders are permitted to stake their tokens on dApps of their choice to earn SDN tokens. This helps both nominators as well as the dApp developers to earn the SDN tokens.
The Shiden Network was developed under Stake Technologies Pte. Ltd in 2020. Sota Watanabe is the founder as well as CEO of the network.
Shiden Network is Astar network’s canary network, an operational blockchain network having a limited token supply, which is used to test features for a linked mainnet. Astar started its journey in 2019 as Plasm Network.
The maximum total supply of SDN tokens is capped at 70,000,000 SDN.
We update our Shiden Network to USD currency in real-time. Get the live price of Shiden Network on Coinbase.
The current market cap of Shiden Network is $10.18M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Shiden Network is $7.41. This all-time high is highest price paid for Shiden Network since it was launched.
Over the last 24 hours, the trading volume of Shiden Network is $83.46K.
Assets that have a similar market cap to Shiden Network include Hacken Token, Klever Coin, Petals, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Shiden Network is 66 million.
Shiden Network Price History
Date | Price | Change |
|---|---|---|
Today (December 22, 2024) | $0.15 | -1.61% |
24 hours ago (December 21, 2024) | $0.16 | -1.36% |
1 week ago (December 15, 2024) | $0.19 | -19.19% |
1 month ago (November 22, 2024) | $0.15 | 8.47% |
1 year ago | $0.32 | -50.23% |
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