ShidenNetwork Price

ShidenNetwork (SDN) is a cryptocurrency launched in 2021 as part of the Polkadot ecosystem. It serves as the native token for the ShidenNetwork network, which aims to provide a scalable and interoperable platform for decentralized applications (dApps) and smart contracts. Currently ranked #2033 by market cap, ShidenNetwork is trading at $0.05072 with a 24-hour change of -5.19%. Key features of ShidenNetwork include: 1. Interoperability: Enables seamless communication between different blockchain networks. 2. Smart contract functionality: Supports the development and execution of complex dApps. 3. DeFi capabilities: Facilitates various decentralized finance applications and services. As of 2025-07-24, ShidenNetwork has a circulating supply of 67.26M SDN and a total supply of 86.71M SDN. Its market capitalization stands at $3.41M, with a 24-hour trading volume of $82.46K. The all-time high for SDN was $8.36, while its all-time low was $0.04645. ShidenNetwork is part of the broader Polkadot ecosystem, which aims to create a network of interconnected, specialized blockchains. This positioning gives SDN potential for growth and adoption as the Polkadot ecosystem expands.

ShidenNetwork (SDN) was created on August 30, 2021. It was launched as part of the Polkadot ecosystem, aiming to provide a scalable and interoperable blockchain platform for decentralized applications. ShidenNetwork serves as the native token of the Shiden Network, which is designed to support smart contracts, DeFi protocols, and cross-chain functionality. Since its inception, ShidenNetwork has gained traction in the Web3 space, currently ranking 2033 among cryptocurrencies with a market cap of $3.41M. As of 2025-07-24, SDN is trading at $0.05072, with a 24-hour trading volume of $82.46K. The total supply of ShidenNetwork is 86.71M SDN, while the circulating supply stands at 67.26M SDN. Despite market fluctuations, ShidenNetwork continues to play a significant role in the Polkadot ecosystem, fostering innovation and development in the blockchain industry.

The founders of ShidenNetwork (SDN) are Sota Watanabe and Maarten Henskens. Sota Watanabe is the CEO and founder of Astar Network, which developed ShidenNetwork as part of its multi-chain ecosystem. Maarten Henskens serves as the CTO and co-founder. They launched ShidenNetwork in August 2025 as a scalable smart contract platform on the Kusama network, aiming to provide developers with a high-performance environment for building decentralized applications. The project's goal is to foster innovation and interoperability within the Polkadot ecosystem while offering fast transaction speeds and low fees. Since its inception, ShidenNetwork has gained traction as a key player in the Polkadot ecosystem, currently ranked #2033 with a market cap of $3.41M and a price of $0.05072.

ShidenNetwork (SDN) operates on the Polkadot ecosystem as a layer-2 network, providing scalability and interoperability solutions. It utilizes a Proof-of-Stake consensus mechanism to validate transactions and secure the network. ShidenNetwork supports smart contracts and decentralized applications (dApps), enabling developers to build and deploy various DeFi projects. The network's native token, SDN, is used for transaction fees, staking, and governance. Users can participate in network security by staking their SDN tokens, earning rewards in return. The platform's unique feature is its compatibility with Ethereum Virtual Machine (EVM), allowing easy migration of Ethereum-based projects. As of 2025-07-24, ShidenNetwork has a market cap of $3.41M and is ranked #2033 among cryptocurrencies. The current price is $0.05072, with a 24-hour trading volume of $82.46K. The total supply of SDN is 86.71M SDN, with 67.26M SDN in circulation. The network's focus on scalability and interoperability positions it as a promising player in the evolving Web3 landscape.

ShidenNetwork (SDN) utilizes a multi-layer architecture designed for scalability and interoperability. At its core, it's built on the Substrate framework, which enables seamless integration with the Polkadot ecosystem. The network employs a Nominated Proof-of-Stake (NPoS) consensus mechanism, ensuring efficient block production and network security. ShidenNetwork's smart contract layer supports multiple virtual machines, including Ethereum Virtual Machine (EVM) and WebAssembly (Wasm), allowing for diverse dApp development. The platform also features a unique layer-2 solution called dApps Staking, incentivizing developers and users to participate in the ecosystem. With its cross-chain capabilities, ShidenNetwork facilitates interoperability between various blockchain networks, enhancing its utility and potential for widespread adoption in the decentralized finance (DeFi) space.

The future of ShidenNetwork (SDN) looks promising. As a key player in the Polkadot ecosystem, ShidenNetwork aims to enhance interoperability and smart contract functionality. The roadmap includes: 2025: Expanding DeFi capabilities and improving cross-chain communication. 2026: Launching new governance features and increasing network scalability. 2027: Implementing advanced smart contract upgrades and enhancing security measures. 2030: Achieving full integration with major blockchain networks and becoming a leading platform for decentralized applications. 2035: Establishing ShidenNetwork as a cornerstone of the Web3 infrastructure, with widespread adoption across various industries. The team is committed to continuous development, focusing on scalability, security, and user experience. With its current market cap of $3.41M and a growing ecosystem, ShidenNetwork is well-positioned for long-term growth. The project's emphasis on interoperability within the Polkadot framework gives it a unique advantage in the evolving blockchain landscape. Investors can expect potential price appreciation as the network expands and adoption increases. While the current price is $0.05072, market analysts project significant growth potential in the coming years, potentially reaching new all-time highs beyond the current $8.36.