$RAD

RAD is the native token of the Radicle Network, a decentralized platform aimed at promoting collaboration in open source software. Radicle was launched in 2019 and uses peer-to-peer (P2P) protocols rather than relying on centralized code repositories like GitHub.

The Radicle Network features Git as a storage layer, replication, and public key cryptography (PKC) to ensure code security. The RAD digital currency is used in the network to facilitate governance, treasury management, and reward infrastructure providers. Maximum supply is around 99.9 million units, with only about half currently in circulation, which could impact the price as more coins are released into circulation.

RAD has seen price fluctuations, reaching a high of around $27 in 2021, and a low of $1.21 in August 2023.

The most important news of the day

Some minor updates were noted at the level of platforms and trading, as some technical improvements were implemented that help increase performance and facilitate dealing with the platform.

On the technical side, technical indicators indicate that the currency has witnessed a breach of some important resistance levels, which enhances expectations for further rise if the positive momentum continues.