![Shiden Network logo]( "Shiden Network logo")
Live SDN Price Analysis
The current real time Shiden Network price is $0.2449, and its trading volume is $335,816 in the last 24 hours. SDN price has plummeted by
3.61%
in the last day, and increased by
11.14%
in the last 7 days. It’s important to note that current Shiden Network market capitalization is $15,924,801, Talking about circulating supply, SDN has 65,013,099 coins. Currently, Shiden Network rank on the market is #780.
Shiden Network price today is
97.09%
below
all time high, and it is
3,322.07%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling SDN are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What is Shiden Network?
SDN is the native token of Shiden Network, which is a smart contract network that was built for the Kusama Network. It is important to note that the Kusama Network does not support smart contracts due to the way it was designed. As a result, the Shiden Network crypto project allows it to support such functionalities.
Check out the Shiden Network price chart to see the current and the previous SDN price.
If we’re being more specific, the Shiden Network is a Layer 2 solution for the Kusama Network. Layer 2 solutions are extra frameworks built on top of networks to enhance their transaction speeds as well as their scalability.
Getting into the technical details, the Shiden Network works as a parachain on Kusama. A parachain is basically a blockchain that is connected to the Relay Chain of the Kusama Network. This enables Shiden to handle all of its security, consensus, and transactions easily.
In order to ensure that nothing goes wrong whenever the Shiden Network releases something new, it has created a second network called Shibuya. Shibuya is basically a test network that goes through any and all new features just to make sure that they are working just as planned.
Use Cases of Shiden Network Tokens
The Shiden Network has its own native token called SDN. The Shiden Network coin is an important part of the network as it is used for performing transactions and launching smart contracts. Besides that, SDN coins can be staked in order to generate more tokens as a reward.
If you're planning to buy Shiden Network coins, don't forget to check the live SDN price, which is displayed on the aforementioned Shiden Network price chart.
What's Shiden Network trading volume in the last 24 hours?
SDN has a trading volume of $335,816 in the last 24 hours.
What's Shiden Network highest price ever?
SDN has a highest price of $8.41, which was reached on Sep 11, 2021 (2 years 7 months ago).
What's Shiden Network lowest price ever?
SDN has a lowest price of $0.0072, which was reached on Dec 31, 2023 (3 months 3 weeks ago).
What are the best exchanges for buying and selling SDN?
What are the safest hardware wallets for keeping SDN?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Shiden Network. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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