Radix Price

Radix (XRD) is a Layer 1 blockchain cryptocurrency designed for decentralized finance (DeFi) and smart contract applications. Currently ranked #702 with a price of $0.003942, XRD has seen a -6.5% change in the last 24 hours. The token has a circulating supply of 11.8B XRD out of a total supply of 13.2B XRD. Radix operates on its own blockchain platform launched in July 2021, offering scalable solutions for DeFi applications. With a market cap of $46.53M, XRD reached its all-time high of $0.6512 in April 2023. The 24-hour trading volume stands at $642K, with price fluctuations between $0.00357 and $0.004827 during this period. Radix is developed by RadixDLT and focuses on providing a platform for building and deploying DeFi applications with improved scalability and security.

Radix was created on July 28, 2021, when the Radix Public Network officially launched. As the native token of the Radix blockchain, XRD plays a crucial role in the network's Delegated Proof of Stake (DPoS) consensus mechanism, helping secure the network against Sybil attacks. The token has a maximum supply cap of 24 billion tokens, similar to how Bitcoin has its own supply limit. Since its launch, Radix has developed into a fundamental component of the Radix DeFi ecosystem.

Radix was founded by Dan Hughes and Piers Ridyard. Dan Hughes serves as the Chief Technology Officer (CTO), bringing his expertise in blockchain technology and software development to the project. Piers Ridyard is the Chief Executive Officer (CEO), responsible for the strategic vision and overall direction of Radix. Together, they launched Radix in 2021 with the goal of creating a scalable, secure, and developer-friendly layer-1 blockchain platform.

Radix operates on a Delegated Proof of Stake (DPoS) consensus mechanism, where XRD tokens secure the network against Sybil attacks. As the native token of the Radix Public Network launched in July 2021, XRD serves as the base currency for the entire ecosystem. It has a current price of $0.003942 with a 24-hour change of -6.5% and trading volume of $642K. XRD has a maximum supply cap of 24 billion tokens, with 11.8B XRD currently in circulation. The token is essential for network security, transaction fees, and can be used within any dApp in the Radix DeFi ecosystem. With a market cap of $46.53M, XRD ranks #702 among cryptocurrencies as of 2025-07-31. Holders can stake their XRD tokens to validators who process transactions and secure the network, earning rewards in return. This model ensures network security while providing passive income opportunities for token holders.

Radix operates on a unique technical architecture designed specifically for decentralized applications. At its core, XRD uses the Cerberus consensus protocol, which enables parallel transaction processing for unprecedented scalability. The architecture employs a sharded design with an Atomic Composability guarantee across the network, allowing transactions to execute simultaneously while maintaining data consistency. The XRD network is built on a layer-1 blockchain that utilizes a Proof-of-Stake mechanism for security and energy efficiency. Its Component Catalog system allows developers to create reusable smart contract components, while the Radix Engine provides a secure execution environment optimized for DeFi applications. The architecture also features the Scrypto programming language, specifically designed to reduce vulnerabilities common in other blockchain platforms. This comprehensive technical foundation allows Radix to achieve high throughput without sacrificing security or decentralization, positioning it as a scalable solution for Web3 applications.

Radix has a promising future with several key developments on its roadmap. The project focuses on building a scalable Layer 1 blockchain specifically designed for DeFi applications. In the near term (2025-2026), Radix plans to enhance its Babylon mainnet with improved smart contract functionality and cross-chain interoperability. By 2027, the team aims to implement sharding technology to increase transaction throughput while maintaining decentralization. The roadmap also includes expanding the developer ecosystem with better tooling and documentation. Long-term goals for 2030 include achieving enterprise adoption and establishing XRD as a leading platform for decentralized finance applications. The project's unique approach to scalability through its Cerberus consensus mechanism positions it well against competitors. While Radix currently ranks at 702 with a market cap of $46.53M, its technical foundations and dedicated development team suggest potential for significant growth in the coming years.