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Market

Market stats

Market cap

$55.1M

Volume (24h)

$3.5M

Circulating supply

197.6M WAN

All time high

$9.92

Price change (1h)

+0.83%

Price change (24h)

+0.22%

Price change (7d)

+14.35%

About Wanchain

Wanchain is decentralized finance (DeFi) and blockchain interoperability platform connecting multiple blockchains. Interoperability is the ability to process and access information across two or more blockchains. Wanchain is one such platform created with an aim to connect isolated public and private blockchains allowing for cross-chain transactions and enabling a clear flow of digital assets and data. 

WAN stands for ‘wide area network’ in the network terminology; and, Wanchain is engaged in building a network of many such blockchains that could not communicate earlier. Wanchain supports the development of smart contracts using the Solidity programming language. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. The platform provides the infrastructure for developers to write smart contracts, build decentralized applications (DApps), or issue a fungible or Non-fungible token on Wanchain. It is possible to connect and circulate any public or private blockchain assets on Wanchain. 

As per its whitepaper, Wanchain is an Ethereum-based general public ledger, and there are two types of transactions on the blockchain network; intra-chain and cross-chain. Wanchain uses a proof-of-stake consensus mechanism and a privacy protection feature for ordinary intra-chain transactions. For cross-chain transactions, Wanchain uses both consensus and incentive-based mechanisms. 

Firstly, to enable cross-chain transactions on Wanchain, both the blockchains and assets need to be registered on-chain for unique identification. For this, an asset registration protocol is available on the platform. To convert their vision of an open finance cross-chain world into a reality, Wanchain is open to building strong strategic relationships and technology partnerships.   

Wanchain's native coin is WAN, which enables coin holders to perform various functions. Only WAN holders can earn proof-of-stake block rewards and staking rewards on the platform. Wanchain also has different kinds of crypto wallets for various needs of the users like desktop wallet, mobile wallet, an offline wallet, and a browser extension wallet on Wanchain.   

News about Wanchain

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Messari • Mar 04, 24

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Wanchain is on the rise this week.

The price of Wanchain has increased by 0.83% in the last hour and increased by 0.22% in the past 24 hours. Wanchain’s price has also risen by 14.35% in the past week. The current price is $0.28 per WAN with a 24-hour trading volume of $3.46M. Currently, Wanchain is valued at 97.19% below its all time high of $9.92. This all-time high was the highest price paid for Wanchain since its launch.

The current circulating supply of Wanchain is 197,632,014.674 WAN which means that Wanchain has as total market cap of 197,632,014.674.

FAQ

What is the current price of Wanchain?

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

What is the market cap of Wanchain?

The current market cap of Wanchain is $55.13M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Wanchain?

The all-time high of Wanchain is $9.92. This all-time high is highest price paid for Wanchain since it was launched.

What is the 24 hour trading volume of Wanchain?

Over the last 24 hours, the trading volume of Wanchain is $3.46M.

What other assets are similar to Wanchain?

Assets that have a similar market cap to Wanchain include Cere Network, Onyxcoin, PlatON, and many others. To see a full list, see our comparable market cap assets.

How many Wanchain are there?

The current circulating supply of Wanchain is 198 million.

Can I buy Wanchain on Coinbase?

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

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