RedStone Price

RedStone (RED) is a cryptocurrency token operating on the Ethereum platform. Launched in 2025, it currently ranks #519 with a price of $0.1224. In the past 24 hours, RED has seen a -0.88% price change, with trading ranging between $0.1216 and $0.1265, and a trading volume of $24.5K. RedStone has a current market cap of $40.72M with 332.7M RED tokens in circulation out of a total supply of 597,000,000 RED and a maximum supply of 1B RED. The fully diluted valuation stands at $122.4M. RedStone focuses on DeFi applications, particularly in the oracle space, providing real-world asset data to blockchain networks. It's part of both the Ethereum and Binance ecosystems, with notable backing from venture capital firms including Coinbase Ventures and Arrington XRP Capital.

RedStone was created on February 28, 2025. It operates on the Ethereum platform as an ERC-20 token. RedStone serves as the native token for the RedStone Oracle network, which provides secure and reliable data feeds to smart contracts across various blockchain ecosystems. The project was developed by a team of blockchain experts focused on creating a future-proof design that supports emerging trends like Liquid Restaking Tokens, new stablecoins, and Bitcoin Liquid Staking.

RedStone was founded by a team of blockchain experts and innovators who developed the RedStone Oracle network. The founding team focused on creating a decentralized oracle platform that provides secure and reliable data feeds to smart contracts across various blockchain ecosystems. They designed RedStone with a future-proof architecture supporting emerging trends like Liquid Restaking Tokens, new stablecoins, and Bitcoin Liquid Staking. While the exact identities of the individual founders are not publicly disclosed, they launched RedStone in February 2025 on the Ethereum platform and have since built it into a significant player in the decentralized oracle space.

RedStone operates on the Ethereum blockchain as an ERC-20 token that powers a decentralized oracle network. The RED token facilitates the delivery of real-world data to blockchain applications through a network of validators who provide and verify data feeds. Currently ranked 519 with a price of $0.1224, RED has seen a -0.88% change in the last 24 hours. The token works through a staking mechanism where validators stake RED to participate in the network and earn rewards for providing accurate data. With a circulating supply of 332.7M RED out of a maximum supply of 1B RED, RED ensures data integrity through economic incentives. RedStone's oracle services are particularly valuable for DeFi applications, providing reliable price feeds and other external data that smart contracts need to function properly. The token's utility extends to governance, allowing holders to vote on protocol upgrades and network parameters.

RedStone operates on a sophisticated multi-layered technical architecture built on the Ethereum blockchain. The system employs a decentralized network of data providers and validators to ensure reliable price feeds and data integrity. At its core, RedStone utilizes smart contracts for transparent operations and implements a comprehensive security framework with multiple validation layers. The architecture features restaking operators (AVS) that enhance network security while the native RED token facilitates governance and utility functions within the ecosystem. The system incorporates advanced data quality mechanisms to maintain accuracy across all operations. As an ERC-20 token, RedStone benefits from Ethereum's security while extending functionality through its specialized oracle infrastructure, allowing for seamless cross-chain data transmission and real-world asset integration.

RedStone has an ambitious roadmap focused on expanding its DeFi ecosystem through 2026-2028. Key future developments include: • Enhanced oracle services for real-world asset tokenization • Cross-chain integration expansion beyond Ethereum • Launch of lending and borrowing protocols by Q4 2026 • Implementation of restaking mechanisms to increase yield opportunities • Development of BTCfi solutions to bridge Bitcoin liquidity With $40.72M current market cap and 1B RED total supply, RED aims to increase adoption through strategic partnerships with DeFi platforms. The team plans to improve governance mechanisms, allowing RED holders greater participation in protocol decisions. Technical roadmap includes security upgrades and scalability improvements to handle growing transaction volumes, currently at $24.5K daily. Long-term vision positions RedStone as a leading infrastructure provider for decentralized finance by 2031, with particular focus on real-world asset integration and cross-chain interoperability.