Radix | XRDRadix has kicked off 2023 with an impressive performance, as evidenced by XRD’s recent surge that conspicuously stood out atop the cryptocurrency charts.
This surge can be attributed to the rollout of Babylon RCnet, which is Radix’s latest milestone release, incorporating novel features and capabilities for both developers and users.
The price of Radix is $0.059 today with a 24hour trading volume of 10 million dollar. This represents a 15% price increase in the last 24 hours and a 35% price increase in the past 7 days
Radix is a layer 1 smart contract platform that started from the problem of how to decentralize the HKEX:400 trillion global financial system and worked backwards from that objective.
December was a momentous month for Radix, as it marked the launch of the highly-anticipated Babylon Betanet. This development served as an ideal launchpad, paving the way for an exciting start to 2023. with six promising projects accepted onto the 12-week program, the Radix ecosystem is poised to receive a significant boost that could prove to be immensely valuable in the long run.as the calendar flipped to February, the Radix team hit the ground running, not only to get the grant program projects up and running but also to participate in the Scrypto DeFi Challenge. With Scrypto as the native language for Radix developers, they had the opportunity to compete for a slice of the 50,000 $ prize pool.
Radixusdt
$EXRD / $XRD HopiumHumans struggle to comprehend exponential curves, but the history of crypto has shown that the log chart it is the only rational TA method for mature projects.
If Radix were to match the market cap of Solana CRYPTOCAP:SOL , its price would be ~$7.50. Radix's superior tech, narrative, and ecosystem could 10x that, and at the apex of the bull market 5-10x that again.
Therefore, we are giving a price target of ~$200 before the end of the year, with Bitcoin at $400k by the same analysis.
Can RADIX Pull A Fantom?RADIX (XRD) is DeFi only chain just like Fantom. The project has huge backers, the big dogs and it has a strong community behind. I am not shilling the project, however, this project might have the potential to pull a Fantom like price action by 2023 if you can be patient enough and buy in increments. This is not a buy today get rich tomorrow project; it is rather a mid to long term hold project with a strong community and backers.
Best regards,