Shiden Network (SDN) is not tradable on Coinbase.
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Shiden Network Price (SDN)
Market stats
Shiden Network is on the decline this week. ↘
The price of Shiden Network has decreased by 0.38% in the last hour and decreased by 2.70% in the past 24 hours. Shiden Network’s price has also fallen by 16.70% in the past week. The current price is $0.14 per SDN with a 24-hour trading volume of $71.15K. Currently, Shiden Network is valued at 98.13% 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 65,389,339.315 SDN which means that Shiden Network has as total market cap of 65,389,339.315.
Overall
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$9.1M
Volume (24h)
$71,146.71
Circulating
65.4M SDN
All time high
$7.41
Price change
1 hour
↘ 0.38%
1 day
↘ 2.7%
1 week
↘ 16.7%
2 weeks
↘ 14.23%
1 month
↘ 8.6%
1 year
↘ 67.11%
1 year benchmarks
Performance
↘ 67.06%
Vs. Market
↘ 85.26%
Vs. BTC
↘ 87.8%
Vs. ETH
↘ 78.1%
About Shiden Network
FAQ
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.
The Shiden Network was developed under Stake Technologies Pte. Ltd in 2020. Sota Watanabe is the founder as well as CEO of the network.
Shiden Network is Astar network’s canary network, an operational blockchain network having a limited token supply, which is used to test features for a linked mainnet. Astar started its journey in 2019 as Plasm Network.
The maximum total supply of SDN tokens is capped at 70,000,000 SDN.
We update our Shiden Network to USD currency in real-time. Get the live price of Shiden Network on Coinbase.
The current market cap of Shiden Network is $9.07M. A high market cap implies that the asset is highly valued by the market.
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.
Over the last 24 hours, the trading volume of Shiden Network is $71.15K.
Assets that have a similar market cap to Shiden Network include Hacken Token, Klever Coin, Petals, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Shiden Network is 65 million.
Shiden Network Price History
Date | Price | Change |
|---|---|---|
Today (January 22, 2025) | $0.14 | -2.69% |
24 hours ago (January 21, 2025) | $0.14 | -2.70% |
1 week ago (January 15, 2025) | $0.17 | -16.70% |
1 month ago (December 22, 2024) | $0.15 | -8.60% |
1 year ago | $0.42 | -67.11% |
Get up to $200 for getting started
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Shiden Network Calculator
How much is 1 SDN?
Conversion Table
Coinbase Bytes
Coinbase Bytes
The week’s biggest crypto news, sent right to your inbox
Learn how we collect your information by visiting our Privacy Policy.
Related Assets
Discover conversions
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Comparable market cap
Of all the assets on Coinbase, these 12 are the closest to Shiden Network in market cap.
Discover more assets
A selection of other relevant cryptocurrencies
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.