Radix (XRD) is a layer 1 smart contract platform designed to decentralize the global financial system. The platform is built on three unique technologies: Scrypto, an asset-oriented programming language; Radix Engine, the world’s first “DeFi Engine”; and Cerberus, a consensus algorithm that provides atomic composability with linear scalability.
Radix’s Cerberus protocol is designed so that all transactions are atomically composed across shards and is supported by the Radix network’s Delegated Proof of Stake system to protect against Sybil attacks. XRD is used to secure the Radix Public Network by staking it as part of Radix’s Delegated Proof of Stake system and is also the only token used to pay transaction fees on Radix, which are burnt.
The token has a maximum supply of 24 billion tokens, with at least 4.62 billion XRD circulating in the hands of the public. Radix’s “Babylon” release, which brings production smart contracts written in Scrypto onto mainnet, is scheduled to go live in the first half of 2023.
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Radix (XRD) Current Price
Current price of Radix (XRD) is currently traded from $0.04188, %0.12 down d/d. Current market cap of Radix (XRD) is $426.330.283, ranked 213th according to Coinmarketcap. 24H trading volume is $1.187.637 today.
Radix (XRD) Price Prediction for 2023
Indicators suggest that the cryptocurrency market is poised to transition into a new era, leading to positive long-term projections for the value of XRD as there is confidence that it will gain increased interest. It is expected that by the conclusion of 2023, the average price of XRD will be $0.054, with a minimum price of $0.052 and a maximum price of around $0.062.
Radix (XRD) Price Prediction for 2025
The value of Radix is expected to increase due to the efforts of network developers and investors, resulting in a bullish calculated price for 2025. Analysts predict that XRD may reach a maximum price level of $0.14 by the end of 2025, with optimism that Radix’s future growth is inevitable. Depending on market conditions, the anticipated average price of XRD in 2025 is projected to be between $0.11 and $0.12, with the maximum price predicted to be between $0.11 and $0.14, according to the same analysis.
Radix (XRD) Price Prediction for 2030
The potential for XRD is vast, and with some collaborations and innovations, the user base and adoption can increase, resulting in a surge in price if the market invests in Radix. By 2030, it is projected that XRD could reach a maximum value of $0.93. If the market declines, XRD is expected to stabilize somewhat. The anticipated average price of XRD by the end of 2030 is around $0.80, with a minimum price of $0.78 and a maximum price of $0.93.
