RAD, the native cryptocurrency of peer-to-peer blockchain Radworks Network, has been on the rise, posting a 15% gain over the past week.
In this article, we take a closer look at the RAD token to understand what its purpose is and how it functions. We shall also make price predictions for the cryptocurrency until 2030, and list exchanges where it can be traded before determining whether it is a credible cryptocurrency investment.
What is Radworks Network?
Radworks is a community-governed decentralized protocol that is focused on developing and funding resilient, permissionless technologies aimed at promoting freedom on the Internet. There are two primary projects under Radworks: Radicle and Drips.
Radicle is a peer-to-peer network similar to Github that is primarily designed for code collaboration, which enables developers to work together without relying on centralized intermediaries. Meanwhile, Drips is a decentralized toolkit for funding software dependencies, ensuring that critical components of open-source projects are financially sustainable.
Radworks aims to foster a blockchain ecosystem that prioritizes freedom, privacy, and decentralization in technology. The network is supported by a decentralized network of node operators, called the Radworks Seed Network, which provides storage and retrieval services for the Radicle ecosystem.
What is the $RAD Token?
RAD is the native cryptocurrency of the Radworks Network that plays a crucial role in the governance, treasury management, and incentivizing infrastructure providers within the Ethereum-based protocol.
RAD primarily serves as a medium of exchange and a means of coordinating activities among Radwork network participants. It is used to manage the treasury and reward infrastructure providers who support the protocol. RAD holders also gain voting rights on governance proposals, allowing them to influence fund distribution from the treasury and other important decisions regarding network improvements.
RAD is also a reward token that is used to incentivize Radworks seed node operators who provide the storage and retrieval services.
The token has a maximum supply of 100 million, out of which, approximately 49.829 million RAD is currently in circulation. RAD has a market capitalization of $63.257 million and attained a trading volume of $66.260 million over the last 24 hours.
RAD Price Prediction: 2025, 2026, 2027, 2028, 2029, 2030
At the time of writing, RAD is trading at $1.27 – down 12.4% over the last 24 hours. Taking its current market rate into consideration, we have predicted the prices at which the Radworks Network token could be changing hands between 2025 and 2030.
Keep in mind that the numbers given below are purely speculative and could change depending on the market performance of RAD.
| YEAR | MINIMUM PRICE | AVERAGE PRICE | MAXIMUM PRICE |
|---|---|---|---|
| 2024 | $1.12 | $2.61 | $2.77 |
| 2025 | $2.70 | $3.09 | $3.24 |
| 2026 | $3.71 | $4.23 | $4.54 |
| 2027 | $4.84 | $5.48 | $5.71 |
| 2028 | $4.84 | $5.48 | $5.71 |
| 2029 | $5.98 | $6.71 | $6.82 |
| 2030 | $8.50 | $9.25 | $9.43 |
Where to Buy RAD Tokens From?
Here are the exchanges where you can buy, sell, and sell Radworks (RAD) tokens:
Is Radworks (RAD) a Credible Cryptocurrency Investment?
Radworks is an innovative decentralized protocol that operates as a peer-to-peer platform for software development and collaboration. It aims to create a sovereign stack for developers that allows for collaboration on open-source projects without relying on centralized intermediaries.
The Ethereum-based network’s RAD token is showcasing strong price performance through the end of the decade. All things considered, I would recommend RAD as a credible long-term cryptocurrency investment.
However, as is the case with every cryptocurrency, RAD is also prone to the extremely volatile nature of the market. Therefore, you must conduct thorough research before making any investment decision related to Radworks and RAD.
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