R

Ren

REN Ethereum Token version
Vol —
Price —
Change 24h —
Market Cap N/A
ATH —
ATL —

Monthly Returns heatmap

Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2024
-25.1%
+52.8%
+24.4%
-43.8%
+20.9%
-28.1%
-11.4%
-5.8%
-4.9%
-12.1%
+48.8%
-16.7%
2023
+35.2%
+32.2%
-0.1%
-16.3%
-20.7%
-12.6%
-6.7%
-21.7%
+3.2%
+1.9%
+19.7%
+21.4%
2022
-37.1%
+5.3%
+41.7%
-44.2%
-42.6%
-29.1%
+27.8%
-16.8%
-2%
+10.4%
-19.7%
-40.6%
2021
+95.9%
+66%
-1.9%
-5.1%
-42.1%
-33.8%
+17.4%
+73.1%
+23.8%
+9.4%
-12.9%
-41%
2020
+44.6%
+15.3%
-9.6%
+44.5%
+33.7%
+61.2%
+7.7%
+234.2%
-54.9%
+19.5%
+17.8%
-4.3%
2019
—
—
—
—
—
—
—
—
+12.7%
+26.3%
-18.6%
-23.5%
Best month +234.2% Aug 2020
Worst month -54.9% Sep 2020
Positive months % 48.4% 31/64

Heatmap summary

Ren posted 31 positive months out of 64. The longest positive streak lasted 5 months, while the longest negative streak lasted 6 months.

Strongest month
Aug 2020 +234.2%
Weakest month
Sep 2020 -54.9%
Longest positive streak
5 Apr 2020 — Aug 2020
Longest negative streak
6 Mar 2023 — Aug 2023
Luckiest calendar month
Aug • avg 52.6% • 5 mo.
Unluckiest calendar month
Dec • avg -17.4% • 6 mo.

Networks

  • Ethereum
    Primary network Token version
    Namespace
    EVM
    Network relation
    Token version
    Decimals
    18
    Contract
    0x408e41876cccdc0f92210600ef50372656052a38
    Standard
    ERC-20

Supported exchanges

Bybit

About the coin

Ren (REN) is a cryptocurrency designed to facilitate cross-chain transactions and enable decentralized applications (dApps) to interact with multiple blockchains.

The Ren protocol aims to bridge the gap between different blockchain networks, allowing for the transfer of assets and data between them without relying on centralized intermediaries.

This interoperability is a key feature, as it addresses the siloed nature of many blockchain ecosystems.

REN is the native token of the Ren protocol. It plays a role in the network's operations and governance.

The Ren protocol utilizes a network of decentralized nodes, known as Darknodes, which are responsible for processing transactions and maintaining the network's security.

These Darknodes require users to stake REN tokens as collateral, incentivizing honest behavior and ensuring the integrity of the network.

REN tokens are used to pay for transaction fees on the Ren network, creating a demand for the token and supporting its utility.

The protocol's architecture is built to enable the creation of decentralized applications that can leverage assets from various blockchains.

For instance, users can potentially lock an asset on one blockchain and receive a tokenized representation of that asset on another blockchain, which can then be used within dApps on that second chain.

This process is facilitated by RenVM, the virtual machine that powers the Ren protocol.

RenVM is designed to handle complex computations and secure the execution of smart contracts across different chains.

The development of Ren has focused on creating a flexible and scalable solution for blockchain interoperability.

The token operates on the Ethereum blockchain as an ERC-20 token, with the contract address 0x408e41876cccdc0f92210600ef50372656052a38.

This means that REN tokens can be managed and transacted using any wallet that supports ERC-20 tokens.

The active status of the REN token indicates that it is currently supported and operational within its ecosystem.

Trust & methodology

Last updated:

Data source: Price and volume snapshots are maintained from the current Gygaz market dataset for this asset.

About Gygaz: Gygaz is a crypto transfer intelligence project focused on exchanges, assets and networks. We structure routing, support and market context so users can compare how crypto moves between platforms.