Shiden Network logo

Shiden Network

SDN

Keep an eye on Shiden Network

Get instant alerts for major price changes.

Market

Market stats

Market cap

$27.2M

Volume (24h)

$421,094.83

Circulating supply

76.7M SDN

All time high

$7.41

Price change (1h)

-0.34%

Price change (24h)

+0.57%

Price change (7d)

-8.98%

About Shiden Network

Shiden Network (SDN) is a smart contract network for decentralized application (DApp) layer built on the Kusama Network that supports multiple blockchains. By design, Kusama doesn’t support smart contract functionalities. Shiden is designed to accommodate "layer 2" solutions- supplementary frameworks built on top of current blockchains to enhance the transaction speeds and scalability of the network.

As mentioned on the platform’s website, Shiden aims to work as a parachain on Kusama. Parachains are user-generated blockchains that are connected to Kusama's Relay Chain, the network's main blockchain. Kusama's shared security, consensus, and transaction settlements are all handled via the Relay Chain.

In addition, Shiden has a test network called Shibuya that behaves quite similar to the Shiden. Shibuya is connected to the network’s own relay chain. Any new features incorporated in the network are first tested on Shibuya before deploying them on Shiden. In this way, users can test their smart contracts on Shibuya before deploying them on Shiden to verify functionality.

The native token of the Shiden network is represented as ‘SDN.’ Users need to pay in SDN for executing transactions and deploying smart contracts on the network. SDN token holders are permitted to stake their tokens on dApps of their choice to earn SDN tokens. This helps both nominators as well as the dApp developers to earn the SDN tokens.

News about Shiden Network

The Defiant • Feb 25, 24

Our Most Read Stories This Week: FIL/SOL Integration, UNI Spikes, ETH Burn Rate, STRK Airdrop

The Defiant's most read stories for the week of Feb. 19.

Read more

News Article Image

BeInCrypto • Feb 25, 24

Satoshi Nakamoto’s Emails Reveal Why Bitcoin Is Capped at 21 Million

Nakamoto's emails reveal why Bitcoin's supply is capped at 21 million: to align with traditional currencies and ensure global scalability.The post Satoshi Nakamoto’s Emails Reveal Why Bitcoin Is Capped at 21 Million appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • Feb 24, 24

Shiba Inu Community Gears Up for Next Development Phase Post Sheboshi NFTs Launch

Sheboshi's success propelled Shibarium transactions to surge. Concurrently, the network's TVL hit the $1 million milestone.The post Shiba Inu Community Gears Up for Next Development Phase Post Sheboshi NFTs Launch appeared first on BeInCrypto.

Read more

News Article Image

Decrypt • Feb 24, 24

'Calladita' Director Miguel Faus: How Web3 Filmmaking is 'Taking the Castle'

Miguel Faus, director of NFT-funded feature film "Calladita," joined Decrypt's Stephen Graves at NFT Paris to talk about the film's recent premiere and how the "radically independent" decentralized Film3 movement is evolving.

Read more

News Article Image

The Block • Feb 24, 24

Crypto projects have received over $90 billion in all-time funding

The total dollar amount invested in crypto and blockchain startups passed an important milestone after a busy start to the year.

Read more

News Article Image

Decrypt • Feb 24, 24

Pudgy Penguins Teams Up With Unstoppable Domains

Pudgy Penguins CEO Luca Netz and Unstoppable Domains COO Sandy Carter joined Decrypt's Stephen Graves at NFT Paris to talk about the launch of the NFT collection's .pudgy domains, its second line of toys at Walmat, and the upcoming launch of the Pudgy World game.

Read more

News Article Image

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Shiden Network in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Discover more assets

A selection of other relevant cryptocurrencies

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Shiden Network is on the decline this week.

The price of Shiden Network has decreased by 0.34% in the last hour and increased by 0.57% in the past 24 hours. Shiden Network’s price has also fallen by 8.98% in the past week. The current price is $0.35 per SDN with a 24-hour trading volume of $421.09K. Currently, Shiden Network is valued at 95.21% below its all time high of $7.41. This all-time high was the highest price paid for Shiden Network since its launch.

The current circulating supply of Shiden Network is 76,731,643.828 SDN which means that Shiden Network has as total market cap of 76,731,643.828.

FAQ

What is the current price of Shiden Network?

We update our Shiden Network to USD currency in real-time. Get the live price of Shiden Network on Coinbase.

What is the market cap of Shiden Network?

The current market cap of Shiden Network is $27.23M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Shiden Network?

The all-time high of Shiden Network is $7.41. This all-time high is highest price paid for Shiden Network since it was launched.

What is the 24 hour trading volume of Shiden Network?

Over the last 24 hours, the trading volume of Shiden Network is $421.09K.

What other assets are similar to Shiden Network?

Assets that have a similar market cap to Shiden Network include Hacken Token, Klever, Petals, and many others. To see a full list, see our comparable market cap assets.

How many Shiden Network are there?

The current circulating supply of Shiden Network is 77 million.

Can I buy Shiden Network on Coinbase?

No, Shiden Network is not currently available on Coinbase, but you can sign up to get the latest news on Shiden Network and be notified when it gets added to our exchange.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.