$0.013
15.28%
$0.011
24h Range
$0.013
Market Cap
$143,977,823.6
Fully Diluted Valuation
$176,366,905.1
24 Hour Trading Vol
$2,016,577.3
Circulating Supply
10,668,619,194.3
Total Supply
13,068,619,194.4
Max Supply
∞
Radix Price
$0.013
24h Range
$0.011 - $0.013
Percent Change 1h
1.98%
Percent Change 24h
15.28%
Percent Change 7d
43.72%
All-time high
$0.651
All-time low
$0.008410
1D
7D
1M
1Y
All
Radix (XRD) is a decentralized, layer-1 protocol designed specifically for DeFi (Decentralized Finance) applications. It aims to provide a secure and scalable environment for the creation of decentralized applications (dApps) and tokenized assets. Unlike traditional blockchains, Radix utilizes a unique consensus mechanism known as Cerberus, which allows for horizontal scalability and eliminates bottlenecks associated with high transaction volumes.
As of 2024, Radix boasts a transaction throughput capable of handling thousands of transactions per second, making it one of the fastest platforms in the cryptocurrency space. The native token, XRD, is used for transaction fees, staking, and governance within the Radix ecosystem.
Radix was co-founded by Dan Hughes, who has a background in software engineering and has been involved in the blockchain space since its early days. Hughes' vision for Radix was to create a platform that addresses the challenges of scalability and security faced by existing blockchain solutions. The founding team also includes other experienced professionals from various tech and finance backgrounds, contributing to the project’s development and strategic direction.
Radix operates on a unique architecture that combines various innovative technologies to enhance its performance. At its core is the Cerberus consensus protocol, which allows for parallel processing of transactions across multiple shards. This means that instead of processing transactions sequentially, Radix can handle them simultaneously, leading to increased throughput and reduced latency.
Additionally, Radix employs a programming language called Scrypto, specifically designed for creating smart contracts. Scrypto allows developers to write secure and efficient code, simplifying the process of building dApps on the Radix platform. The Radix engine automatically handles aspects like security and state management, enabling developers to focus on the functionality of their applications.
Radix is positioned to support a variety of use cases within the DeFi sector and beyond:
Keeping your Radix (XRD) tokens safe is crucial to protecting your assets. Here are some best practices:
Investing in Radix (XRD) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Radix: Once your account is funded, you can purchase Radix directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Radix using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Radix (XRD) is currently trading at $0.013 and exhibits good potential for future growth. Check the latest Radix (XRD) price prediction.
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