• bitcoinBitcoin (BTC) $ 113,763.00
  • ethereumEthereum (ETH) $ 3,553.28
  • xrpXRP (XRP) $ 3.01
  • tetherTether (USDT) $ 0.999545
  • bnbBNB (BNB) $ 759.35
  • solanaSolana (SOL) $ 165.76
  • usd-coinUSDC (USDC) $ 0.999681
  • staked-etherLido Staked Ether (STETH) $ 3,550.07
  • dogecoinDogecoin (DOGE) $ 0.206818
  • tronTRON (TRX) $ 0.326022
  • cardanoCardano (ADA) $ 0.727412
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 113,690.00
  • wrapped-stethWrapped stETH (WSTETH) $ 4,294.31
  • hyperliquidHyperliquid (HYPE) $ 37.63
  • suiSui (SUI) $ 3.56
  • stellarStellar (XLM) $ 0.393593
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,822.39
  • chainlinkChainlink (LINK) $ 16.33
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  • hedera-hashgraphHedera (HBAR) $ 0.247331
  • wrapped-eethWrapped eETH (WEETH) $ 3,808.51
  • avalanche-2Avalanche (AVAX) $ 21.81
  • the-open-networkToncoin (TON) $ 3.61
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • leo-tokenLEO Token (LEO) $ 8.95
  • wethWETH (WETH) $ 3,556.96
  • litecoinLitecoin (LTC) $ 105.19
  • usdsUSDS (USDS) $ 0.999239
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999612
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 113,763.00
  • whitebitWhiteBIT Coin (WBT) $ 42.60
  • moneroMonero (XMR) $ 304.61
  • uniswapUniswap (UNI) $ 9.09
  • polkadotPolkadot (DOT) $ 3.59
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.31
  • pepePepe (PEPE) $ 0.000011
  • crypto-com-chainCronos (CRO) $ 0.133755
  • aaveAave (AAVE) $ 257.54
  • daiDai (DAI) $ 0.999782
  • ethenaEthena (ENA) $ 0.588351
  • bittensorBittensor (TAO) $ 347.35
  • pi-networkPi Network (PI) $ 0.406483
  • ethereum-classicEthereum Classic (ETC) $ 19.99
  • nearNEAR Protocol (NEAR) $ 2.44
  • ondo-financeOndo (ONDO) $ 0.902991
  • aptosAptos (APT) $ 4.25
  • okbOKB (OKB) $ 46.68
  • internet-computerInternet Computer (ICP) $ 5.09
  • jito-staked-solJito Staked SOL (JITOSOL) $ 202.63
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • mantleMantle (MNT) $ 0.703363
  • kaspaKaspa (KAS) $ 0.086921
  • usd1-wlfiUSD1 (USD1) $ 0.999308
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,555.14
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.033123
  • algorandAlgorand (ALGO) $ 0.239509
  • bonkBonk (BONK) $ 0.000026
  • gatechain-tokenGate (GT) $ 16.87
  • fasttokenFasttoken (FTN) $ 4.58
  • arbitrumArbitrum (ARB) $ 0.383128
  • vechainVeChain (VET) $ 0.022895
  • cosmosCosmos Hub (ATOM) $ 4.18
  • render-tokenRender (RENDER) $ 3.55
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.199624
  • story-2Story (IP) $ 6.05
  • worldcoin-wldWorldcoin (WLD) $ 0.973469
  • binance-staked-solBinance Staked SOL (BNSOL) $ 177.08
  • official-trumpOfficial Trump (TRUMP) $ 8.79
  • susdssUSDS (SUSDS) $ 1.06
  • skySky (SKY) $ 0.078922
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,043.85
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.639228
  • sei-networkSei (SEI) $ 0.287455
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.90
  • flare-networksFlare (FLR) $ 0.022885
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 113,728.00
  • filecoinFilecoin (FIL) $ 2.32
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,730.81
  • xdce-crowd-saleXDC Network (XDC) $ 0.096655
  • spx6900SPX6900 (SPX) $ 1.58
  • usdtbUSDtb (USDTB) $ 0.999682
  • jupiter-exchange-solanaJupiter (JUP) $ 0.464073
  • usdt0USDT0 (USDT0) $ 0.999589
  • kucoin-sharesKuCoin (KCS) $ 10.67
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,741.12
  • nexoNEXO (NEXO) $ 1.30
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,842.29
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,798.08
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.993098
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  • curve-dao-tokenCurve DAO (CRV) $ 0.898252
  • blockstackStacks (STX) $ 0.690551
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999366
  • falcon-financeFalcon USD (USDF) $ 0.999598
  • celestiaCelestia (TIA) $ 1.63
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,742.90
  • optimismOptimism (OP) $ 0.650729
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 113,424.00
  • flokiFLOKI (FLOKI) $ 0.000108
  • conflux-tokenConflux (CFX) $ 0.199927
  • wbnbWrapped BNB (WBNB) $ 759.64
  • paypal-usdPayPal USD (PYUSD) $ 0.999549
  • fartcoinFartcoin (FARTCOIN) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999717
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 187.12
  • sonic-3Sonic (S) $ 0.308556
  • saros-financeSaros (SAROS) $ 0.373658
  • the-graphThe Graph (GRT) $ 0.091431
  • immutable-xImmutable (IMX) $ 0.501794
  • pax-goldPAX Gold (PAXG) $ 3,344.82
  • pump-funPump.fun (PUMP) $ 0.002623
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 113,777.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.61
  • dogwifcoindogwifhat (WIF) $ 0.899299
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 113,038.00
  • msolMarinade Staked SOL (MSOL) $ 217.80
  • kaiaKaia (KAIA) $ 0.145510
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.60
  • lido-daoLido DAO (LDO) $ 0.921145
  • tether-goldTether Gold (XAUT) $ 3,337.15
  • tezosTezos (XTZ) $ 0.762727
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.22
  • vaultaVaulta (A) $ 0.503921
  • theta-tokenTheta Network (THETA) $ 0.767348
  • super-oethSuper OETH (SUPEROETH) $ 3,556.09
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,743.86
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,795.35
  • jasmycoinJasmyCoin (JASMY) $ 0.015020
  • iotaIOTA (IOTA) $ 0.182994
  • raydiumRaydium (RAY) $ 2.66
  • ousgOUSG (OUSG) $ 112.01
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,547.65
  • galaGALA (GALA) $ 0.015117
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997557
  • aerodrome-financeAerodrome Finance (AERO) $ 0.768261
  • pendlePendle (PENDLE) $ 3.96
  • tbtctBTC (TBTC) $ 113,706.00
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • the-sandboxThe Sandbox (SAND) $ 0.266593
  • pyth-networkPyth Network (PYTH) $ 0.112104
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,556.73
  • jito-governance-tokenJito (JTO) $ 1.69
  • ripple-usdRipple USD (RLUSD) $ 0.999402
  • memecoreMemeCore (M) $ 0.361459
  • newton-projectAB (AB) $ 0.008347
  • zcashZcash (ZEC) $ 36.34
  • usual-usdUsual USD (USD0) $ 0.997378
  • flowFlow (FLOW) $ 0.361686
  • usddUSDD (USDD) $ 0.999251
  • stader-ethxStader ETHx (ETHX) $ 3,787.56
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 113,893.00
  • walrus-2Walrus (WAL) $ 0.385148
  • heliumHelium (HNT) $ 2.89
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,557.32
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.206602
  • decentralandDecentraland (MANA) $ 0.275479
  • beldexBeldex (BDX) $ 0.073255
  • morphoMorpho (MORPHO) $ 1.62
  • bitcoin-svBitcoin SV (BSV) $ 26.08
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  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 113,511.00
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  • usdbUSDB (USDB) $ 0.995397

RedStone price rises after the DRILL program launch

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RedStone price rises after the DRILL program launch

RedStone token continued rising on Saturday, continuing a trend that happened when it bottomed at $0.4195 earlier this month.

RedStone (RED) price rose to a high of $0.7545, its highest level since March 7. It has jumped by almost 80% from its lowest level this month, giving it a market cap of over $204 million.

RED token rose after the developers launched the DRILL program, which will see about 4.5% of total supply distributed to core users and reward early adopters. This program will create value through key strategic pillars like develop, reinforce, innovate, launch, and learn.

15% of these tokens will go to developers in the ecosystem, while 60% of the allocation will focus on securing the network. These funds will be deployed into the Eigen staking vault and will serve as an insurance payout in case of a documented price feed malfunction.

20% of the DRILL allocation will go to developers using its newer products like the Oracle Extractable Value or AI tools. 5% of the funds will go to new DeFiapps, while the rest will go to developers creating educational tools in the network.

You might also like: RED token launch strengthens RedStone’s oracle security and DeFi integration

RED price also rose after the developers partnered with EIGEN to facilitate liquid staking if the token. RED stakers can convert their tokens into mRED, allowing them to secure the RedStone AVS on EigenLayer while retaining liquidity in the network.

RedStone has quickly scaled the oracles ladder in the past few months. According to DeFi Llama, it has become the fourth-biggest player in the oracle industry after Chainlink, Pyth, and Chronicle with a total value secured of $4.9 billion. It secures networks like Spark, Cygnus Restake, Resolv, and Euler.

RedStone price analysis

RedStone price rises after the DRILL program launch

RED hourly chart | Source: crypto.news

The hourly chart shows that the RED token bottomed at $0.4188 on March 11 and then bounced back to a high of $0.7543. It moved above the 50% Fibonacci Retracement level at $0.688.

RED has crossed the important resistance level at $0.6817, its highest swing on March 12. It was the upper side of the cup and handle pattern, a popular continuation sign.

It has also moved above the 50-day moving average. Therefore, it will likely keep rising as bulls target the next key resistance point at $0.8432, which is about 20% above the current level.

Read more: Here’s why altcoins like XRP, LINK, BONK, Jasmy are going up

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