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    $0.0385038 $ 0.0385038
    +¥5204,24 0.4% 1D
    1D 1M 1Y ALL
    Updated:
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    Market Cap (USD)
    825.28M
    24H Volume
    7.47M
    Circulating Supply
    21.48B XCN
    Max Supply
    53.47B XCN
    All Time High
    0.184139
    Rank
    51

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    • About Chain (XCN)

      Chain is a blockchain-based technology company, founded in 2014, with the mission of "realizing a smarter and more interconnected economy". In the blockchain field, its main business is to build crypto ledger and cloud infrastructure, support revolutionary financial products and Web3 services, etc. Among them, the cloud blockchain infrastructure supported by Chain Cloud and Sequence can enable development organizations to build better financial services from scratch.

      Chain released the open source and licensable blockchain protocol Chain Core, which is officially said to be designed for the financial system performance required by modern enterprises. The time for creating, signing and verifying transactions is in milliseconds. Institutions can use it to start and operate blockchain networks, or link other networks on the chain. The protocol redefines the issuance, transfer and control of assets on the blockchain network from its own perspective, and allows a single entity or organization to operate a network, supports the coexistence of multiple asset types, and can also interact with other independent networks.

      Although Chain Core is a software product for enterprises to implement the Chain protocol, the open source developer version is currently available free of charge. Meanwhile, Chain runs the Chain blockchain network as a freely accessible test network. Chain believes that the blockchain industry is still at a young stage, and Chain is the future blockchain infrastructure solution. It will change the way people interact in finance, retail, government and entertainment.

      Among the services currently provided by Chain, using Chain Cloud, developers can access the public blockchain network; The ledger as a service product Sequence can make the team building team more focused on delivering and expanding their products; NFT instant service products, supported by blockchain technology, integrate digital and physical collections into life. Chain has become partners with many giants in payment, banking, market and other fields, and has brought blockchain infrastructure to all parts of the world, including VISA, Nasdaq, CITI and so on.

      Meanwhile, Chain's charity and public welfare are also carried out globally. Through the power of encryption and blockchain, it has assisted 7 projects with about US $705,250, including COVID-19 pandemic vaccine support and Russia Ukraine war related projects. It is believed that Chain can complete the mission of building a stronger global financial system through blockchain and cloud technology.


      How does Chain Token (XCN) Work?

      Chain Protocol is a shared and multi asset crypto ledger, which supports the coexistence and interactive operation of multiple independent networks and can share common formats and capabilities with different operators. In addition, Chain uses the principle of minimum authority to realize the function of separate control for the synchronization of assets and account books.

      Chain Protocol also allows any network participant to define and issue assets by writing a custom "publisher". However, after issuance, the unit of assets is controlled by the "control procedure". These programs are expressed in flexible and Turing complete programming languages and can be used to build complex smart contracts.

      Meanwhile, each network on the Chain will be protected by the "block signer" alliance. As long as a quorum of block signers follow the protocol, system fork can be prevented. In order to improve efficiency, the creation of Chain blocks will be entrusted to a single "block generator", and any node on the network can verify the blocks and send transactions to the network, and apply its logs to the blockchain in linear time.


      What is Chain Token (XCN)?

      Chain Token (XCN) is the native cryptocurrency of the Chain ecosystem. Currently, the total market circulation is 23,470,523,779XC. It is a digital currency based on the use program. After the symbol was changed from the original CHN to the current XCN, the new Chain Token smart contract has been deployed on the Ethereum mainnet.

      XCN can be used for governance and voting on Protocol Improvement and various community drivers in Chain Protocol. You can also participate in XCN staking to obtain additional income. XCN is also a payment method for obtaining Sequence discounts, paying invoices, and obtaining advanced services and other Chain ecosystem products.

      In general, there are relevant application scenarios in payment, staking, governance, discount and use right. In June, with the support of Wormhole Network, the team launched XCN Bridge Based on XCN token. Users can seamlessly transfer XCN from Ethereum to other supported blockchains, and no trust is required. Through Wormhole's core infrastructure, decentralized applications (dApps) and smart contracts on Chain or other different blockchain networks can communicate with each other to achieve interoperability between chains.

      Expand
    • Chain Market

      Currency Price 24H Change Action
      Chain
      XCN /USDT
      3X Margin
      $0.0385038 +0.4% Trade
      Chain
      XCN /USDT
      Perpetual
      $0.03554 -3.92% Trade
      Chain
      XCN /USDT
      Spot
      $0.0385038 +0.4% Trade

    Chain FAQs

    • 1. What determines the price of Chain?
      There are two schools of thought in determining the price of Chain.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Chain, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Chain from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Chain on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Chain as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Chain and the cryptocurrency market as a whole.
    • 2. What is the highest price of Chain in history?
      Chain achieved the all-time high of €0.18 in 2022-05-27, and is currently trading at €0.037.
    • 3. What is the lowest price of Chain in history?
      In 2022-06-14, Chain reached the all-time low of €0.0027.
    • 4. Should I buy Chain now?
      It is important to remember that Chain, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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