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Wanchain WAN

Wanchain Price (WAN)
$0.2010
0.51% Buy WAN Now

0.0000573 ETH

0.00000311 BTC

Buy WAN Now
Low: $0.1979
High: $0.2118
24h
Market Cap
$39,807,584
0.51%
Fully Diluted Market Cap
$42,137,302
0.51%
Volume
24h
$1,701,316
35.26%
Volume / Market Cap
0.0427
Circulating Supply
198,066,151 WAN
94.32%
Max Supply
210,000,000
Total Supply
198,066,151

Wanchain (WAN) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.18%

Joined at Jul 09, 2017

Following

419

0.24%

Tweet count

5,207

0.31%

Wanchain reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Wanchain (WAN) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Wanchain telegram
Telegram Stats
Visit Telegram

Members

0.20%

Title

WanchainANN - Wanchain.org Announcements Channel

Wanchain traffic
Website Traffic
Visit Website

Website Rating (DR)

66 / 100

0.00%

Ahrefs Rank

167,331

8.79%

Organic Traffic (mo.)

0

Wanchain github
GitHub Organization
Visit GitHub

Public repos

Created at May 21, 2017

Type

Organization

Wanchain github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Wanchain (WAN) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 183,773

Members: 5,366


Live WAN Price Analysis

The current real time Wanchain price is $0.2010, and its trading volume is $1,701,316 in the last 24 hours. WAN price has plummeted by 0.51% in the last day, and decreased by 6.27% in the last 7 days. It’s important to note that current Wanchain market capitalization is $39,807,584, and the maximum supply is 210,000,000 WAN coins. Talking about circulating supply, WAN has 198,066,151 coins. Currently, Wanchain rank on the market is #506.

Wanchain price today is 97.97% below all time high, and it is 413.08% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling WAN 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 Wanchain (WAN)?

WAN is the native token of Wanchain, which is a Layer 1 blockchain and an interoperability solution. If you’re interested in the current WAN price, check out the Wanchain price chart above.

Since Wanchain is a fork of Ethereum, it provides users with an environment that is fully compatible with Ethereum’s dApps, protocols, and tools. As an interoperability solution, it connects different blockchains and allows users to make cross-chain transactions. It connects public, private, and consortium chains using bridges, this way eliminating the need for centralized middlemen. To protect cross-chain assets, the bridges use Secure Multiparty Computation (sMPC) with Shamir's Secret Sharing.

Overall, there are three types of bridges on the Wanchain network:

  • Direct Bridges. Whenever there’s a transaction, Direct Bridges create a wrapped token on the destination blockchain after locking the original asset on the source network. The wrapped token can always be burned by the user to get back the original asset. This method is called lock-mint-burn-unlock.
  • Layer 2 Bridges. In this case, both the source and the destination chains have liquidity pools created for that certain asset. Users have to deposit their assets into the source chain for the same amount of assets to appear in the liquidity pool of the destination chain.
  • NFT Bridges. These bridges are similar to Direct Bridges due to their lock-mint-burn-unlock method. However, they are usually customized for each project individually.

In addition to different types of bridges, there are also three types of functional modules that allow cross-chain communication:

  • Registration module. It tracks asset transfers and registers the original chain.
  • Cross-chain transaction data transmission module. It performs cross-chain transactions.
  • Transaction status query module. It monitors cross-chain transactions.

Besides, note that decentralized collateral pools that are managed by Wanchain's Bridge Nodes serve as the foundation for all of the network's cross-chain bridges. Bridge Nodes, also known as Storeman Nodes, are in charge of carrying out and confirming cross-chain transactions. Operators of Bridge Nodes are required to stake WAN tokens as collateral.

Lastly, keep in mind that Wanchain utilizes a Proof-of-Stake consensus mechanism called the Galaxy Consensus. To enhance the random number generation and block creation procedures, Galaxy makes use of a number of cryptographic techniques, such as distributed secret sharing and threshold signatures. Essentially, Galaxy Consensus is a continuation of Cardano's Ouroboros.

The Founder of Wanchain

The Wanchain crypto project was founded in 2017 by Jack Lu. He is the CEO of Wanchain. Prior to founding Wanchain, Lu was a developer at Reynolds and Reynolds, a software architect at L Brands, Xerox, and Hewlett-Packard, as well as the tech lead at Tween Brands. Besides, he also co-founded Factom and Wanglu Tech.

Use Cases of WAN Tokens

Wanchain tokens were initially issued on an ERC-20 token standard. However, they were adapted to the Wanchain as its native coin once the mainnet was launched. There are three main use cases of WAN tokens – governance, means of payment, and staking.

As a governance token, WAN provides its holders with the possibility of deciding the future development of the Wanchain crypto project. As a payment method, WAN coins are used to pay any costs that occur while using the platform. This includes paying for native and cross-chain transactions. In terms of staking, as mentioned before, users have to stake WAN tokens to become Bridge Node operators, as well as participate in the consensus mechanism of Wanchain.

Besides, don’t forget to check out the Wanchain price chart above to see how its value changes over time.

Tokenomics of WAN

The max supply of WAN tokens is 210 million. The initial coin offering (ICO) of WAN tokens took place in 2017 when the tokens were still based on an ERC-20 token standard. However, a year later, they were exchanged for the native coins of the Wanchain network.

More than half of the supply (51%) was dedicated to investors in the ICO. The remaining portion was split between the development team and the Wanchain foundation, as well as dedicated to rewards and airdrops.

If you plan to buy Wanchain coins, just note that the WAN price is liable to change. This happens because, similarly to the pricing of other digital assets, the volatility of the overall crypto market has an effect on the Wanchain price. Thus, always make sure to analyze how it fluctuates before making a purchase.

What's Wanchain trading volume in the last 24 hours?

WAN has a trading volume of $1,701,316 in the last 24 hours.

What's Wanchain highest price ever?

WAN has a highest price of $9.92, which was reached on May 03, 2018 (6 years 1 month ago).

What's Wanchain lowest price ever?

WAN has a lowest price of $0.0392, which was reached on Dec 11, 2022 (1 year 6 months ago).

What are the best exchanges for buying and selling WAN?

Currently, the most active and dominating exchanges for buying and selling Wanchain are Binance, Kraken & Kucoin. The most popular Wanchain trading pairs are WAN/USDT (on Binance ), WAN/ETH (on Huobi Global ), WAN/BTC (on Huobi Global ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping WAN?

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 Wanchain. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Wanchain project's Circulating Supply has been verified and is equal to:

Circulating Supply

198,066,151 WAN

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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