Wanchain Price (WAN)

Currency:
WAN to VND:
1 Wanchain equals ₫ 5,954.55 VND+1.76%1D
Page last updated: 2024-12-24 04:50 (UTC+0)
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Price of WAN today

The live price of Wanchain is ₫ 5,954.55 per (WAN / VND) with a current market cap of ₫ 1,181.70B VND. 24-hour trading volume is ₫ 41.42B VND. WAN to VND price is updated in real-time. Wanchain is +1.76% in the last 24 hours with a circulating supply of 198.45M.
WAN Price History VND
Date ComparisonAmount Change% Change
Today₫ 103.11+1.76%
30 Days₫ 402.20+7.24%
60 Days₫ 1,646.51+38.22%
90 Days₫ 1,051.68+21.45%

WAN Market Information

24h Low & High
Low: ₫ 5,689.93
High: ₫ 5,989.64
The highest and lowest price paid for this asset in 24 hours.
All Time High
₫ 252,777.86
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.26%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+1.76%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-14.95%
The percentage change in price for this asset compared to 7 days ago.

WAN Market Information

Popularity
#687
Popularity is based on the relative market cap of assets.
Market Cap
₫ 1,181.70B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
₫ 41.42B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
198.45M
94.50%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
210.00M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
₫ 1,250.46B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2017-10-03

What Can You Do With Wanchain (WAN)?

Explore how to use your cryptocurrencies with Binance.

About Wanchain (WAN)

Wanchain is positioned as a decentralized platform with the main objective of supporting seamless interoperability between several independent public and private blockchains, enabling them to intercommunicate. Wanchain provides the technological environment to facilitate interoperability through its independent blockchain platform hosted on the underlying Ethereum decentralized network.

Operations on the Wanchain blockchain are aimed at cross-chain and multi-chain functions, which the project references on its website as the ‘future of DeFi’ - interoperability between all existing blockchains. Wanchain supports cross-chain functions between popular blockchains such as Bitcoin, Ethereum, BNB Chain, Polygon, Avalanche, XRP, and many others listed by the team.

Wanchain bridges blockchain networks in three distinct ways. The first is by way of what the network refers to as a ‘direct bridge.’ Direct bridge transactions require no intermediaries to complete them. When a user wishes to move assets from one blockchain to another, they can do so directly from the source to the destination chain with no action required in between.

Another way assets are moved on Wanchain is by an implementation referred to as a layer-2 bridge. Layer-2 bridges use decentralized liquidity pools to link popular layer-2 networks built on the Ethereum blockchain, like Polygon and Arbitrum. Wanchain promotes layer-2 bridges as a cost-effective and simpler method to transfer assets between networks while preserving layer-2 throughput. There are also potential downsides to using layer-2 bridges, as the vulnerability to breaches and network exposure is also increased in layer-2 environments.

Finally, NFT bridges implement a mechanism known as lock-mint-burn-unlock to move non-fungible tokens from one blockchain to another. The original NFTs are locked securely on the source chain before being minted on the destination chain to complete the steps which lead to the NFT asset being moved to the destination blockchain - along with its associated NFT ID information and attributes.

The Wanchain project was founded in 2017 by Jack Lu, a tech expert and entrepreneur reported to have an extensive background in blockchain and technology. 

Wanchain is known by its token ticker $WAN. The pirce of Wanchain is updated and available in real-time on Binance.

People Also Ask: Other Questions About Wanchain

  1. What Does Wanchain Stand For?

    Wanchain stands for wide-area network, which is comprised of computer networks that are geographically dispersed.

  2. What is WAN Used For?

    WAN is used in the network consensus model. In the Proof-of-Stake (PoS) model implemented on the Wanchain platform, users can stake WAN and participate in the system to securely validate transactions being presented to the chain.

    WAN can also be staked on the platform for users to participate in different liquidity provision mechanisms offered on the Wanchain network.

  3. How Does Network Consensus And Validation Work On Wanchain?

    Wanchain leverages the PoS consensus mechanism, which works through peers on the independent blockchain network who stake their tokens to become validators on the chain. Validators are tasked with keeping the network secure and processing transactions on the blockchain platform as they occur. Every blockchain validator who participates in keeping the network secure and efficient is distributed WAN network coins as a reward.

  4. Who Is the Founder of Wanchain?

    Wanchain was founded in 2017 by Jack Lu. Prior to founding Wanchain, Lu operated in various business and tech leadership roles, including as co-founder and CTO of Factom in 2014.

  5. What Is the Maximum Token Supply of WAN?

    The maximum token supply for WAN is 210,000,000. At the time of writing the total circulating supply of WAN is 196,936,896.

  6. What Makes Wanchain Different From Others?

    Wanchain aims to promote blockchain interoperability for the future of DeFi. Existing blockchain networks can connect and operate across ecosystems through the Wanchain platform, and developers can create smart contract-powered decentralized applications on the Wanchain network, which can function with multiple interconnected blockchains supported within the existing ecosystem.

  7. How To Buy Wanchain (WAN)?

    Wanchain (WAN) can be purchased directly from Binance using a debit or credit card. Wanchain (WAN) can also be traded for other cryptocurrencies on Binance. Live Wanchain price is updated in real-time. Additionally, WAN price and purchase information is available for users to read on our How to Buy Wanchain (WAN) Guide.

WAN to Local Currency

FiatPriceOperation
1 WAN to USD$ 0.233758
1 WAN to TRY$ 0.233758
1 WAN to RUB$ 0.233758
1 WAN to EUR$ 0.233758
1 WAN to AED$ 0.233758
1 WAN to AUD$ 0.233758
1 WAN to BRL$ 0.233758
1 WAN to VND$ 0.233758
1 WAN to IDR$ 0.233758
Last updated 2024/12/24 04:50 (UTC)

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