Radix (XRD)

$0.025

+4.33%

Discover Radix (XRD), a cutting-edge blockchain platform revolutionizing decentralized finance. With its innovative technology, Radix aims to provide scalable, secure, and interoperable solutions for the future of finance. Explore its potential today!

Radix (XRD) Price Real Time-Data

The live price of Radix (XRD) is $0.025 with a 24-hour trading volume of $2.83M. Its 24-hour peak value is $0.026, and its 24-hour low is $0.023. The current circulating supply is 10.62B XRD, leading to a fully diluted market capitalization of $266.2M. The Radix (XRD) to USD price is updated in real-time.

What is Radix (XRD)?

Radix is a smart contract platform aiming to shape a Web3 future accessible to all. It's designed to enable easy participation in Web3 and DeFi for everyone, not just tech-savvy individuals. It integrates various technologies tightly, such as wallets, programming languages, execution environments, and consensus algorithms.

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FAQ

Who are the founders of Radix (XRD)?

Radix was founded by Dan Hughes, who hails from the UK. He discovered Bitcoin in 2012 and recognized its potential impact on global finance. In 2013, he initiated eMunie, later renamed Radix. Piers Ridyard joined as CEO in 2017, and the project received funding from Taavet Hinrikus, co-founder of TransferWise, and LocalGlobe, a prominent European VC.

How many Radix (XRD) are there?

The native token of the Radix Public Network is RADIX (XRD). It has a maximum supply of 24 billion tokens. At the network's genesis, 12 billion tokens were allocated, with 9.6 billion unlocked. Approximately 4.62 billion XRD are circulating publicly, with more being emitted over time as rewards for staking and validating. Additionally, 2.4 billion tokens are indefinitely locked in the stable coin reserve.

What are the potential use cases for Radix (XRD)?

Radix holds promise for various use cases. Its unique features, such as a specialized programming language called Scrypto and a revolutionary consensus algorithm named Cerberus, enable the creation of secure and scalable decentralized applications (dApps). These dApps can cater to diverse needs, ranging from financial services in DeFi to other decentralized applications across industries.

What is the history of Radix (XRD)?

Radix traces its roots back to 2013 when Dan Hughes initiated eMunie, later rebranded as Radix. Over the years, the project focused on solving scalability issues in blockchain technology. Breakthroughs like Cerberus, a consensus protocol allowing atomic cross-shard transactions, marked significant milestones. In 2021, the Radix Public Network, named "Olympia," went live, followed by the release of the game-changing Scrypto programming language. The mainnet upgrade, "Babylon," in 2023 brought smart contracts and the Radix Wallet to the forefront, fostering the development of an ecosystem of innovative Web3 and DeFi applications.