The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market. The cryptocurrency’s market Price changes in percent within the last 24 hours . At that period, AION was an ERC-20 token on the Ethereum blockchain. The Aion blockchain mainnet called Kilimanjaro was launched later, in April 2018.

If you are considering investing in cryptocurrency tokens, we recommend that you always do your own research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any investment decision. Keep in mind that past performance is no guarantee of future returns. We also gather additional information from different sources to make sure we cover all necessary data or events. In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Whether the AION token is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors.

The circulation supply of Aion is 501,505,081 AION, with a market cap of $20,532,133.85. Nuco’s CTO, Jin Tu, has been working with corporate engineering for over 15 years and also has four years of experience in the blockchain industry. New Alchemy is working on supporting and advising the Aion project. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap, Coinpaprika and TradingView.

Aion Coin cryptocurrency blockchain icon. Virtual electronic, internet money or cryptocoin symbol, logo

https://www.beaxy.com/ has a built-in Java-based virtual machine to maintain higher speed transactions compared to solidity-based ones. Find the latest price of AION, the coin’s market capitalization, volume, circulating supply and other data on COIN360. Primarily, AION crypto assets enable users to connect with the OAN network. Besides that, holders of AION coins can also stake their assets to secure the network and this way earn rewards. Additionally, these tokens can be traded for other assets in various crypto exchanges. Thus, before making any moves using the AION tokens, make sure to check the aforementioned Aion price chart.

To put it another way, the OAN network resembles a local computer network that connects different blockchain networks. Besides enabling information exchange, the project also enables the exchange of values between networks, creating a chain of transactions. These are the project’s quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project. These are the project’s quantitative metrics of its official Twitter account that can be used to trace regular or artificial Social activity & growth within the project.

AION Price Forecast for 2031

By the beginning of the next decade, a maximum price of $1.19 was expected. The DOGE RSI is a very popular technical indicator used to analyze prices of a variety of assets, including Aion. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

This metric can be used as a predictive indicator of the asset’s future market capitalization. Aion aims to become a glue connecting different blockchains and keeping them together despite the fact that they are built securely on different architectures. There is no technical infrastructure for this connection to provide communications and transfers across the networks. Aion came up with a technical solution and offers the infrastructure of this type. Aion aims to support future blockchain platforms and solve some critical problems which the blockchain industry faces nowadays.

More about Aion

Receive, send, store and exchange your cryptocurrency within the mobile interface. Aion is a third-generation multilevel network based on blockchain technology. The goal of the project is to solve problems with scalability, anonymity, and compatibility of other blockchain projects. Aion is multi-tier blockchain network and Java based smart contract platform designed for interoperability among blockchains. Aion Tokens are used to secure the overall network, create new blockchains and monetize inter-chain bridges.

Yes, aion is a minable coin, you can check, the list of minable coins here. AION was unable to come back from its bearish trend, which has plagued the cryptocurrency since the end of 2018. In its last quarterly update, at the end of 2020, Spoke discussed the competitive blockchain industry and admitted OAN struggled with adoption. It managed to continue this momentum into the new year, along with the bullish crypto market at the time. AION rocketed to its all-time high of $11.51 on 7 January 2018.

Use Cases of AION Tokens

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware options for keeping Aion. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory. The project was launched in 2017, however, its whitepaper only came out on December 31, 2020. FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation. CoinCodex expected a fall of 17% over the next month for AION, whereas DigitalCoinPrice and TechNewsLeader anticipated steady growth. The hashpower has jumped from roughly 300,000 sols/second to a high of more than two million sols/second on 17 October.

The individual consensus is required on each bridge employing a certain consensus mechanism from the main chain. Validator nodes earn mining and transaction rewards as they validate these transactions, which afterward are distributed among node backers. The routing of an interchain transaction is a multi-phase process, during which the transaction is verified by validators and consensus is reached.

The price of Ethereum is $1,565.22 and ETH market dominance is %. The best performing cryptoasset sector is Yield Farming, which gained 1%. CoinGecko provides a fundamental analysis of the crypto market.

The Everest version of Aion launched a DPoS-PoI hybrid consensus mechanism employing Validators and Backers. If Backers stake the computing power or AION, the validators distribute rewards when a block is validated. This scheme of action was developed for balancing financial and computing power. The mission of Aion is to become the common protocol for the blockchains enabling dApps to be adopted at scale. Different blockchains need a hub for connecting with each other, and Aion plans to become one. With the help of this platform, it’s possible to transfer data across numerous blockchains making different platforms interoperable.

Besides that, since 2020, Spoke has been working on an application that fuels the thriving gig economy called Moves. Most Secure Wallets To Start With Check the analysis report on Top-rated Crypto Wallets that are safest for your funds. Exclusive Crypto Deal List of 2022 Get huge savings on the biggest crypto brands with custom discounts & deals. Speculations abound for how high Aion’s price will get in the future.

Its main purpose was to foster an environment for aion coin to build open-access applications. Open Application Network, the blockchain behind AION, was abandoned by its CEO and chief operating officer in 2020 as they struggled to spur adoption of the network. However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy Aion or not.

AION launched in 2017 as the native cryptocurrency for the Open Application Network. However, the network’s CEO has since abandoned the project and given control to the community. The site’s AION price prediction for 2022 said thw token would have fallen by 17% to $0.04 on 15 October. AION went live on 18 October 2017 at $0.616 and saw a gradual rise in its first few months. Binance, the largest cryptocurrency exchange, then listed AION at the end of the year and it closed December at $4.65. Open Application Network was created in 2018 when its founders noted the lack of interoperability between blockchains as a main factor for preventing financial innovation.

• The total dollar value of all transactions for this asset over the past 24 hours.
• Binance requires users to complete Identity Verification to increase their account security.
• Aion has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
• This link is provided solely for informational purposes and is not an endorsement in any way.

During the last month, the price of AION has increased by 19.1%, adding a colossal average amount of $0.01 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow. Aion AION does not have a predefined maximum supply or hard limit.

In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency’s lifetime. AION is traded on such platforms as DragonEX, Binance, BCEx, and a few others. The cryptocurrency can be stored in the official AION wallets with versions for different operating systems. BNB Also, Trust wallet added support for AION, both for iOS and Android mobile wallets.