Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Astar Network Prepares for Major Shiden Upgrade: Will Prices Follow?

Astar Network Prepares for Major Shiden Upgrade: Will Prices Follow?

99bitcoins99bitcoins2024/11/07 02:00
By:Dalmas NgetichSam Cooling

Astar Network Prepares for Major Shiden Upgrade: Will Prices Follow? image 0

Astar Network is preparing to upgrade Shiden after completing Async Backing. But will SDN price rally after a terrifying 80% drop?

Crypto upgrades are inevitable. Not only do they show that developers are at work, but they are also indicators of use. Without dApps and users, no one will request user interface improvements or features.

Today, November 6, Astar Network, a smart contracts platform on Polkadot, plans to upgrade its “test hub,” Shiden.

The Async Backing upgrade for Shiden Network is now complete! Here’s what you need to know:

Developers take note ⤵️
🔹 Block time has shifted from 12s to 6s—adjust your logic for the 6-second block time intervals.

🔹 Shiden node operators: Make sure you're using at least the… pic.twitter.com/bE7T9pVai2

— Astar Network (@AstarNetwork) November 4, 2024

Astar Network Prepares To Upgrade Shiden

In preparation for this key update, the team purchased Agile Coretime to transition from the Parachain auction slot model to the more efficient Agile Coretime system.

For newcomers, Astar and Shiden complement each other. They both support smart contracts on Polkadot and Kusama.

 

On Shiden, which is a parachain on Kusama, you can test dApps before shipping them on Astar, a parachain on Polkadot , where there is no room for errors.

With Agile Coretime on Kusama, parachains like Shiden, secured by the Relay Chain, must purchase resources or “coretime” on demand or in bulk.

Without core time, Shiden won’t produce blocks and process transactions–effectively halting dApps on the platform.

While there could be questions on why parachains must purchase computing power, the new model is actually advantageous.

Unlike Parachain slot auctions on Kusama and Polkadot, Astar Network and Shiden won’t have to lock up or “bond” large amounts of KSM or DOT.

Depending on competition and market conditions, projects wishing to launch as a Parachain had to commit a substantial amount of coins.

 

Instead of auctions, Parachains can buy computing resources on a need-basis without tying up huge capital upfront.

Async Backing Done: Shiden Migration Completes

Ahead of this upgrade, Shiden completed Async Backing.

 

This update significantly enhanced block production by reducing block times by half to six seconds.

Accordingly, Shiden is now more scalable and can process many more transactions. All the same, node operators have to update to the latest version, v5.44

Will SDN Prices Follow Shiden Migration?

As Astar Network enhances Shiden, the only natural question to ask is? Will SDN price Astar Network Prepares for Major Shiden Upgrade: Will Prices Follow? image 1 Astar Network Prepares for Major Shiden Upgrade: Will Prices Follow? image 2 Price Trading volume in 24h Last 7d price movement rally?

Prices have been trending lower after rallying to over $0.60 in January.

Astar Network Prepares for Major Shiden Upgrade: Will Prices Follow? image 3

( SDNUSDT )

The token is now down 80% from 2024 highs and risks plunging even more should bulls fail to intervene.

When writing, there is clear support at $0.11.

If buyers push on, breaching $0.13, SDN prices could rally, even reaching $0.20 by the end of the year.

EXPLORE: Bitcoin Hits New ATH: But What’s Trump’s Crypto Plan?

Join The 99Bitcoins News Discord Here For The Latest Market Updates

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Web3 ai Could Lead 2025’s Best Cryptos With 1,747% ROI, Outshining Toncoin & Chainlink’s Performance

Toncoin (TON) and Chainlink (LINK) show strong market positions, but Web3 ai’s AI-driven platform and sub-$0.001 price point may offer greater potential for exponential growth.Toncoin (TON): Leveraging Telegram’s Ecosystem for GrowthChainlink (LINK): Technical Indicators Point to Potential BreakoutWeb3 ai: Affordable Entry with AI-Driven Security ToolsClosing Thought

Coinomedia2025/05/24 23:40
Web3 ai Could Lead 2025’s Best Cryptos With 1,747% ROI, Outshining Toncoin & Chainlink’s Performance

Ethereum Set to Soar Past $4,000 Again

Ethereum eyes a comeback above $4,000 with a projected 55% surge amid rising market optimism.What’s Driving the Ethereum Rally?Could Ethereum Break Past Its All-Time High?

Coinomedia2025/05/24 23:40
Ethereum Set to Soar Past $4,000 Again

Lark Davis: Best Time to Make Money in Crypto

Crypto analyst Lark Davis says this is the best time to make money in crypto. Here’s why you should pay attention now.Why This Window Matters So MuchHow to Lock In for Maximum Gains

Coinomedia2025/05/24 23:40
Lark Davis: Best Time to Make Money in Crypto

Top Rated Cryptos to Buy in 2025: BlockDAG, Tron, Polygon, and Polkadot Line Up Ahead of Q3 Shift

Explore the top rated cryptos to buy in 2025, featuring BlockDAG’s limited-time 'Double Your BDAG' offer, and why Tron, Polygon, and Polkadot are gaining strong attention this year1. BlockDAG (BDAG)2. Tron (TRX)3. Polygon (MATIC)4. Polkadot (DOT)Closing View on Key 2025 Contenders

Coinomedia2025/05/24 23:40
Top Rated Cryptos to Buy in 2025: BlockDAG, Tron, Polygon, and Polkadot Line Up Ahead of Q3 Shift