Coin overview
RED
Ended--
Last price (USDT)
342.06K
24h total (USDT)
1.50M
Total vol (USDT)
2025-02-27 10:00:00 ~ 2025-03-06 12:30:00
Trading time (UTC+0)
2025-03-06 14:00:00 ~ 2025-03-06 18:00:00
Delivery time (UTC+0)
Total supply280.00M
Resources
Introduction
RedStone is a modular oracle supporting 140+ clients including Morpho, Pendle, Spark, Venus, Ethena, Etherfi, Lombard and many more. While RedStone is live on 70+ chains including the upcoming ones like Monad, Berachain, MegaETH, Unichain, it also ensures further innovation on established ecosystems i.e. Ethereum or Base. Thanks to RedStone reliable infrastructure DeFi teams can build their solutions withought limiatations met with legacy oracle providers. As the only oracle RedStone provides both Push and Pull oracle model cross-chain.
RedStone price awaits the next catalyst as it erases recent gains, trading near key support
RedStone has erased all of its recent gains from the last major update, entering a period of consolidation as the market awaits the next catalyst. RedStone ( RED ) has dropped to $0.50, marking an 18% decline over the past week and a 43% drop from its $0.89 peak on March 16. On March 14, the modular oracle RedStone rolled out out the DRILL program , aiming to reward early adopters and accelerate the growth of the RedStone ecosystem by allocating 4.5% of the total RED token supply to core users. The announcement triggered a surge in the token’s price, reaching $0.7545 — its highest point since March 7. This upward momentum continued, with the price climbing further to $0.89 on March 16. However, after peaking on March 16, RED has plunged into a clear downtrend. It has been trading below the 9-day exponential moving average since March 20. Volume has also been tapering off. The price is currently hovering around $0.50, a key support level where it has been consolidating since then. Source: crypto.news The Relative Strength Index sits at 47.21, indicating neutral momentum, with buying and selling pressures relatively balanced. This suggests that the market is in a wait-and-see mode, waiting for a catalyst to decide the next move. A break above the 9-day EMA and $0.60 could signal a trend reversal, especially if RSI climbs above 50. A break below $0.50 could trigger further downside, with the next support levels at $0.45 and $0.40.
Is RedStone Crypto a Legit Competitor to Chainlink? RED Price is Undervalued
Blockchain oracles connect real-world data to decentralized networks , and RedStone Crypto (RED) is stepping up to challenge the Chainlink (LINK) hegemony. By 2025, Chainlink, Pyth, and RedStone Crypto are shaping the oracle landscape, each with its own edge. Here’s how they compare. Key Similarities Across Chainlink, Pyth, and RedStone Crypto Chainlink, Price Volume in 24h Price 7d , and Price Volume in 24h Price 7d may approach it differently, but they deliver the same core promise: precise and dependable price feeds for major assets across leading blockchains. Price Volume in 24h Price 7d may dominate the oracle space, but RedStone is grabbing headlines. By meeting the demand for fast, precise DeFi data, this upstart has sparked more intrigue than its established rival. #RedStone ( $RED ) – #Roadmap 📜 Past: Foundation and Early Development 🔹 2021: Concept and Foundation 🏗️ RedStone was founded with the goal of building a flexible and efficient oracle system that addresses the limitations of traditional oracles. The project focused on… pic.twitter.com/LtK677uESL — CryptoJournaal (@CryptoJournaal) March 25, 2025 To separate these, you should consider the following for RedStone: Are they a legit competitor to Chainlink? Not yet, they have a ways to go. LINK is the largest crypto by market capitalization in the oracle coins sector. Will it pump harder than Chainlink in the short term? Likely yes. They already have . In this crypto space, hype and speculation are everything, and RED is on the come-up. This space is is also desperately trying to deliver Chainlink an L in its own home. That’s why Pyth Network and Wormhole, two other Oracle competitors, the former outperformed Chainlink this month. RedStone Price Action ( REDUSDT ) Redstone’s breakout is gathering steam. A golden cross just formed with the 20-day SMA ($0.6880) overtaking the 200-day SMA ($0.6177), adding weight to its bullish momentum. The RSI is nearing overbought territory at 64, while volume spikes confirm buyers are backing the move. If the price clears $0.70 with strong follow-through, $0.74-$0.75 could be the next target. Support is steady at $0.66. What Sets RedStone Crypto Apart From the Rest While the similarities create a strong foundation of utility, the differences between these three players highlight their unique strengths. Here’s a closer look at what makes each oracle distinct: Chainlink: Chainlink, the veteran, champions reliability and aggregators in its Push model, servicing juggernauts like Venus and Aave. Pyth Network: Pyth moves fast, built around the Pull model, honing in on perpetual markets and staking with the help of Wormhole. RedStone Crypo: RedStone flips the script, combining both models for unmatched flexibility, delivering low-latency, gas-efficient feeds for cutting-edge use cases like Proof of Reserves. DeFi’s backbone is built on oracles, each with a distinct edge. Chainlink secures its legacy with proven reliability; Pyth focuses on speed; and RedStone pushes boundaries with adaptability and cross-chain precision. They all have a strong chance of performing well if we enter a bull market. EXPLORE: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Blockchain oracles shows RedStone Crypto (RED) is stepping up to challenge the Chainlink (LINK) hegemony. Alternatively, Pyth moves fast with the help of Wormhole. $LINK is still the largest cryptocurrency by market capitalization in the oracle coins sector.
SEC crypto roundtable highlights Stark opposition to regulatory reform
The U.S. Securities and Exchange Commission (SEC) hosted its first crypto-focused roundtable on March 21, 2025, as part of its “Spring Sprint Toward Crypto Clarity” initiative. The event brought together industry experts, former regulators, and legal professionals to discuss digital asset classification and regulatory approaches, revealing sharp divisions over how to balance innovation with investor protection. Former SEC enforcement official John Reed Stark emerged as a vocal critic of regulatory reform, arguing that existing securities laws adequately address digital assets. “The people buying crypto are not collectors. We all know that they are investors, and the mission of the SEC is to protect investors,” Stark stated, emphasising that crypto firms have repeatedly lost legal battles against the agency. He dismissed calls for tailored regulations, asserting that the Securities Act of 1933 and 1934 should not be altered to accommodate cryptocurrencies. Others, including crypto advocates and legal experts, pushed for clearer guidelines to differentiate decentralised assets from traditional securities. Marcin Kazmiercak, co-founder of RedStone, noted that regulatory clarity could stabilise markets and boost institutional confidence, while Altan Tutar of MoreMarkets cautioned that the SEC’s withdrawal of its Ripple appeal set a narrow precedent rather than industry-wide clarity. Panelists grappled with defining decentralisation as a metric for determining whether a token qualifies as a security. Lee Reiners, a Duke University lecturer, acknowledged Bitcoin’s (CRYPTO:BTC) decentralised nature but questioned how to draw consistent lines for other assets. “Drawing a line to define if something is sufficiently decentralised or an investment contract is impossible,” he said, citing a CFTC report that frames decentralisation as a spectrum. The roundtable marked a departure from the SEC’s earlier enforcement-heavy approach under former Chair Gary Gensler. “We’re moving on multiple tracks here” to address regulatory gaps, Acting Chairman Mark Uyeda emphasised, highlighting the agency’s intent to collaborate with industry stakeholders. Commissioner Hester Peirce, head of the crypto task force, reiterated the SEC’s goal to “seek earnestly to find a workable framework” that balances innovation and oversight.
RedStone clarifies: No collaboration with Web3Port and Whisper
PANews reported on March 20 that DeFi oracle RedStone posted on platform X, stating: "We have noticed recent rumors about RedStone collaborating with market makers Web3Port and Whisper. We would like to clarify that RedStone has not collaborated with these parties, and any statements about such collaborations were released without our knowledge or consent. Upon discovering such materials, we immediately requested their removal, but some traces may still be indexed. There is no collaboration between us and these parties, nor do they have any impact on our market operations. These misleading statements could potentially lead to serious consequences and actual damage. We explicitly state that these entities have never provided any market-making services for RedStone."
RedStone ($RED) Surges 42%, Hits $200M Market Cap
$RED surged 42% in 24 hours, reaching $0.73. The market cap surpassed $200 million. Growing interest in RedStone’s DeFi solutions drives momentum. RedStone ($RED), a decentralized oracle network, has experienced a massive 42% surge in the past 24 hours. The token’s price climbed to $0.73, pushing its total Market capitalization beyond $200 million. This significant price action highlights growing investor interest and the rising adoption of RedStone’s innovative Defi solutions. What’s Driving RedStone’s Rally? RedStone’s recent price surge is attributed to its expanding use cases in the DeFi ecosystem. Unlike traditional oracles, RedStone offers cost-efficient and customizable data feeds, making it an attractive choice for Blockchain applications. The increasing demand for reliable oracle services in decentralized finance has positioned RedStone as a strong contender in the market. Additionally, positive market sentiment and increased trading volume have contributed to the token’s rapid appreciation. As DeFi projects integrate RedStone’s technology, its value proposition continues to strengthen, drawing both retail and institutional investors. . @redstone_defi ( $RED ) is up 42% in the past 24 hours, hitting $0.73 and surpassing a $200M market cap. pic.twitter.com/2jA7VjPODr — Satoshi Club (@esatoshiclub) March 15, 2025 Will $RED Maintain Its Momentum? While the recent rally is impressive, sustainability depends on continued adoption and network growth. If RedStone secures more partnerships and expands its ecosystem, further price appreciation could follow. However, market volatility remains a factor, and investors should stay informed about developments in the project. With $RED now surpassing a $200 million market cap, all eyes are on whether it can maintain this momentum or face a correction in the coming days. Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
RedStone initiates the DRILL plan, with 4.5% of token supply proposed to be allocated to core users
DeFi oracle RedStone has announced the launch of the RedStone DRILL plan on platform X, which will allocate 4.5% of RED supply to core users of RedStone as a reward for early adopters of RedStone technology and to stimulate rapid growth in the RedStone ecosystem. The DRILL plan is built around five strategic pillars designed to have a lasting impact: Develop (which will receive 15% of allocated tokens), Reinforce (which will receive 60% of allocated tokens), Innovate (which will receive 20% of allocated tokens), Launch (which will receive 5% of allocated tokens) and Learn.
Bitcoin risks $75K drop as EU-US tariff tensions escalate
The European Union's retaliatory tariffs on $28 billion worth of U.S. goods, set to take effect in April, are raising concerns about heightened market volatility, including potential corrections in Bitcoin's (CRYPTO:BTC) price. Analysts warn that these geopolitical tensions could push Bitcoin below the critical $75,000 support level. The European Commission announced the tariffs on March 12 in response to the U.S. imposing a 25% tariff on steel and aluminum imports. This move reignites fears of a prolonged trade war, which could weigh on global financial markets and cryptocurrencies. Marcin Kazmierczak, COO of blockchain oracle firm RedStone, noted that counter-tariffs often signal further retaliatory actions, adding that Bitcoin could revisit $75,000 amid these uncertainties. However, he also suggested that stablecoins and real-world assets remaining at all-time highs might offer some support for a rebound. Ryan Lee, chief analyst at Bitget Research, emphasised that while Bitcoin is influenced by macroeconomic conditions like trade policies, other factors such as institutional adoption and regulatory developments also play a significant role. "The prices are correlated with wider economic conditions but are also influenced by factors beyond trade policies," Lee explained. Bitcoin has already experienced a 7% decline over the past week, trading at $81,000 as of March 12. Trading volumes have also dropped significantly, reflecting reduced investor activity amid growing uncertainty. Analysts from Nansen highlighted that "tariff noise" is likely to persist until after April 2 when reciprocal tariff announcements and negotiations may provide more clarity. This ongoing tension is expected to limit risk appetite across traditional and cryptocurrency markets. Historically, such geopolitical developments have led to increased volatility in Bitcoin markets. For instance, following the U.S.'s initial tariff announcement in February, Bitcoin saw sharp declines alongside a surge in trading volumes as investors reacted to the news. As Europe’s new tariffs take effect by mid-April, market participants remain cautious about how escalating trade disputes will impact Bitcoin and broader financial markets. The interplay between macroeconomic pressures and cryptocurrency resilience will be closely watched in the coming weeks. At the time of reporting, the Bitcoin (BTC) price was $83,552.09.
RedStone (RED) Soars 25% with “One Day Five Big Events”
Key Notes RedStone has partnered with Securitize, a major firm in the RWA sector. RED holders will now have staking incentives via EigenLayer (EIGEN). The altcoin has secured listings on exchanges Coinbase and Bitvavo. . RedStone is currently trading at $0.5882, marking a 23% increase in the past 24 hours. The token’s market capitalization has jumped to $164 million, following a series of major announcements by the RedStone team on X . RedStone’s Five Major Announcements RedStone has secured a spot as the primary oracle provider for Securitize, a key player in the real-world asset (RWA) tokenization space, which includes BlackRock’s BUIDL fund. While talking about the partnership, Securitize co-founder Carlos Domingo said RedStone will allow the firm to “transact with tokenized securities on-chain, but also integrate them into existing DeFi infrastructure and develop entirely new DeFi primitives.” RedStone also announced new staking incentives for RED holders through EigenLayer (EIGEN). EIGEN tokens will be periodically released to stakers in RedStone’s EigenLayer AVS. https://twitter.com/redstone_defi/status/1899779757853782371 RED has secured listings on two major centralized exchanges: Coinbase and Bitvavo. The project has also been the official Day 1 oracle partner for Hemi testnet and mainnet. Notably, market participants are now anticipating a listing for the RED token on Binance, the world’s largest cryptocurrency exchange. RED Price Outlook On the RED’s 4-hour price chart, the MACD line has crossed above the signal line, accompanied by increasing green histogram bars. This suggests that momentum is shifting toward the bulls, potentially signaling further upside. However, the MACD is still in negative territory, meaning the trend is yet to fully reverse. Meanwhile, the RSI is around 55, which indicates a slight bullish momentum but no signs of overbought conditions. If RSI continues rising, it could indicate increasing buying pressure, potentially leading to a further price breakout. However, a drop in RSI could trigger a price correction. If RED maintains its current bullish momentum, it could test resistance levels around $0.63–$0.65. However, if selling pressure increases, a drop toward the $0.50 support zone remains a possibility. While RED has gained strong traction from the crypto community, many investors remain cautious given the broader market conditions. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Tokenization firm Securitize taps RedStone as first oracle for onchain funds from Apollo, BlackRock and others
Institutional tokenization firm Securitize has tapped RedStone as its primary data provider for its current and future products issued by the likes of Apollo, BlackRock, Hamilton Lane and KKR. Oracles deliver price feeds and other data for smart contract-based systems that rely on offchain information. The move represents a serious step forward for the “real-world asset” sector. Billions of dollars have been invested in RWAs based largely on the idea that tokenized financial products — representing anything from individual equities to onchain hedge funds — will have more utility. However, much of the infrastructure needed to support this is still being built out. "Before, Securitize did not use oracles as tokenized funds like BlackRock BUIDL were not used in DeFi," RedStone Chief Operating Officer Marcin Kazmierczak told The Block in a message. "It was simply a tokenized representation of the fund onchain with no functionality." The RedStone integration, in other words, is making it easier to bring onchain finance … onchain. Kazmierczak noted in particular that oracle feeds will provide an avenue to plug Securitize-issued funds into DeFi protocols like Compound, Morpho and Spark. In particular, RedStone will be the eyes and ears for the Apollo Diversified Credit Securitize Fund (ACRED), BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE), among other institutional offerings. A Securitize spokesperson noted that the company's sToken functionality launched in November already gave these products a degree of composability. BUIDL, for instance , had been "integrated into DeFi, with Elixir as an example," he said. Built using Ethereum's ERC-4626 token standard for vaults, sTokens provide a way for accredited investors to earn yield on assets like BUIDL and SCOPE while maintaining liquidity through Elixir's deUSD synthetic dollar. However, introducing an oracle "will significantly expand the potential use cases of these assets, including applications in money market exchange venues or as collateral in decentralized finance (DeFi) platforms." Kazmierczak noted Securitze ran a "diligent, months' long research on oracles" before picking RedStone as its first oracle provider. The system uses a "modular design" that "can scale to thousands of chains and support new implementations in a matter of days in a safe manner." The tool currently supports applications on Ethereum and EVM-compatible chains like Avalanche and Polygon as well as TON, Sui and Fuel. "RedStone was designed with modular architecture that is omnichain by default, as opposed to the monolithic approach of first-generation oracles, which were designed when only Ethereum was a chain with active smart contracts utilization," Securitize told The Block in an interview. "It's simple and cost-efficient for RedStone to add new price delivery modules to support any blockchain. For competitors, crosschain support requires integrating interoperability solutions, adding additional potential points of failure, or even entire network redeployments, which need to be synced with each other." RedStone features other advantages, including the use of Arweave for permanent data storage. The oracle system has also yet to face downtime or a mispricing event. Arrington Capital led RedStone’s $15 million Series A funding in July 2024. The protocol launched its RED token last week.
Arrington Capital-Backed RedStone Launches RED Token on Ethereum
Last updated: March 6, 2025 14:28 EST RedStone, a blockchain oracle provider backed by Arrington Capital, announced on Thursday the launch of its native token, $RED, on the Ethereum network. 1/ $RED has been listed for trading on Binance. RED is be live on every major Centralized Exchange, including: Bybit, Bitget, Kraken, KuCoin, Gate, HTX, MEXC and more are coming. — RedStone Oracles ♦️ (@redstone_defi) March 6, 2025 In a press release shared with CryptoNews, the firm said the token is designed to secure and decentralize RedStone’s oracle infrastructure by allowing staking, enhancing economic security, and introducing a sustainable oracle economy. “The introduction of the $RED token marks a crucial step toward decentralizing our oracle infrastructure while reinforcing the security and reliability of DeFi applications,” said Marcin Kazimierczak, co-founder of RedStone. “By integrating staking through RedStone AVS on EigenLayer, we align incentives for data accuracy and expand the potential of what oracles can achieve,” said Kazimierczak. Stakers Earn Rewards in $RED The staking model will allow both data providers and token holders to participate in securing the network. Data providers stake $RED to guarantee the reliability of the price feeds they supply, while token holders stake directly within the RedStone AVS to further reinforce network security. In return, $RED stakers will receive rewards from RedStone data users across multiple blockchain networks, with payouts in widely adopted assets such as ETH, BTC, SOL, and USDC. This structure creates a incentive system for active participants in the ecosystem. To encourage widespread adoption and community participation, RedStone said it has allocated 10% of the total 1 billion $RED tokens for the Community & Genesis distribution. This initiative includes targeted airdrops to reward early supporters, partners, and active contributors who have played a role in RedStone’s rapid growth. RedStone Launches Bitcoin Staking Oracles In October, RedStone launched Bitcoin staking oracles to enhance DeFi protocols on platforms like Ethereum, Avalanche, and Polygon. This allows Bitcoin holders to stake their assets in decentralized finance (DeFi) by delivering real-time data for liquid staking. In July, RedStone raised $15 million in a funding round led by Arrington Capital , supporting its expansion efforts. The firm provides data feeds to blockchains and layer 2 technologies compatible with the Ethereum Virtual Machine (EVM).
RedStone Launched RED Token – Miner Airdrop Is Live
Key Points RedStone announced that the RED Miner Airdrop is live and users can claim their tokens. Binance announced that it suspended the RED listing today. RedStone launched its token called RED today and the team behind the project also announced the Miner RED Airdrop program via X. RedStone is a modular blockchain oracle that’s available on more than 70 chains and supports over 1,250 assets. RED Token Launched Today According to the team behind the project, RED went live on Uniswap and CEXs earlier. Previously it was announced the RED token was going to be launched today by Binance, but the exchange suspended the listing, according to a last-minute announcement . Until today, interested traders were able to trade RED on the Binance Pre-Market before orders were removed automatically after trading on the Pre-Market ceased. Besides Binance, Coinbase, Bybit, KuCoin, and Gate.io are among the other crypto exchanges that have launched Pre-Markets for the coin. RED is currently trading at $0.83, after peaking above $0.98 earlier. RED price in USD today The coin’s market cap is currently listed above $231 million on CMC. The team at RedStone announced its airdrop earlier. RED Miner Airdrop is Live RedStone announced that users can claim their RED tokens, being able to stake them to secure RedStone AVS (Actively Validated Service) and the future of blockchain oracles. RedStone via X After users claim their RED tokens on the official claim page of the project, they will be prompted to stake in RedStone AVS – powered by the Eigen layer. Stakers earn RED rewards and partner incentives, with real yield from RedStone data users planned in the future, according to the team behind the project. Why RED Staking is Special RedStone also highlighted that RED staking is special because it pioneers the “truly sustainable oracle tokenomics.” Users can stake RED tokens via the following ways: EigenPie to receive liquid staking mRED Natively via the EigenLayer app 10% of RED’s Total Supply – Distributed to the Community RedStone founder and COO, Marcin Kazmierczak recently said that under the RedStone Community and Genesis allocation, 10% of RED’s total 1 billion supply will be distributed to the community via claim activities over time. This portion will reportedly recognize the important role played by the community in the project’s long-term success. The tokens will be distributed via carefully designed airdrops to reward: Early supporters Partners Active participants involved in the project’s growth The remaining tokens will be distributed as follows: 10% are set for protocol development. 20% are set for core contributors. 4% are set for Binance Launchpool. 24,3% are set for the ecosystem and data providers. 31.7% are set for early backers. What is RED? The RedStone blockchain is different from other traditional oracle networks like Chainlink. Its modular blockchain oracle doesn’t push data on-chain by default, but its gas-efficiency keeps data off-chain and delivers it on-demand when needed for transactions. RED is the foundation of the RedStone ecosystem, which claims to be the fastest-growing blockchain oracle. Staked RED accrues value as RedStone scales to secure thousands of blockchains and trillions of dollars in DeFi and on-chain finance, according to official notes from the team via X. The project’s COO also said that the RED token opens new possibilities for deeper security, and decentralization within the network while establishing a unit of incentivization for participants in the ecosystem. Staking allows the alignment of data accuracy and expansion of the oracles’ true potential.
RED trading volume hikes 2000% as sell pressure mounts after airdrop criteria expansion
RedStone token’s trading volume is up over 2000% after the airdrop restructuring. According to RedStone’s (RED) recent official announcement on X , it has recently made a major change to the RED airdrop selection process and distribution. RedStone launched the first Miner airdrop with 5% of the total token supply, distributing it to users who met the original criteria. However, after reviewing feedback and participation, RedStone decided to allocate an additional 2% of the total RED supply from its “ecosystem and data providers” pool. The eligibility rules were expanded to include more participants, and selections were based on “proof of participation,” meaning users who were able to prove their involvement in the community or ecosystem could qualify for the additional airdrop tokens. The extra 2% was made available for claiming on March 6. RedStone is making immediate changes to the selection process and allocations for the RED airdrop. Yesterday, the checker page for the RED airdrop went live. Since then, we've seen mixed emotions from our community. Many longstanding members of our community have shared their… — RedStone Oracles ♦️ (@redstone_defi) March 6, 2025 Following the airdrop restructuring and the inclusion of more participants, RedStone’s trading volume hiked by over 2000% in the last 24 hours (currently at $237 million), according to Coinmarketcap . At the same time, RED price is down by 14% over the same period. Such a massive spike in trading volume coupled with the decline in price suggests that the airdrop claimants are selling off, putting downward pressure on the price. Apart from airdrop restructuring, RedStone also announced that an additional 4.5% of the “community and genesis” tokens would be distributed six months following the Token Generation Event, with a formal announcement to come. The airdrop will be available to projects utilizing RedStone’s price data sources and will be distributed to users participating in pools secured by RedStone price data. Other big RedStone news today is its listing on Binance for spot trading, which was reinstated after it had been suspended due to the last-minute airdrop changes. Additionally, RedStone perpetual contracts went live on Orderly and Bitmex .
RedStone (RED) Price Prediction 2025-2030: Can RED Reach New Highs in the Coming Years?
RED is consolidating within key resistance at $0.61-$0.62, with a breakout potentially pushing the price toward $0.70-$0.75 in mid-2025. If RED holds above $0.60, a bullish reversal could lead to a projected high of $1.38 by the end of 2025. Failure to maintain strong support near $0.55-$0.60 may result in price fluctuations before a renewed uptrend. RedStone (RED) is the native cryptocurrency of the RedStone Oracle network, a decentralized platform designed to provide secure and reliable data feeds to smart contracts across various blockchain ecosystems. RedStone’s modular architecture allows it to support over 70 blockchains, including major platforms like Ethereum, Avalanche, and Polygon, as well as emerging ecosystems such as Berachain and Story. The RED token serves multiple purposes within the ecosystem, including transaction fees, staking, and governance. Staking RED enhances network security, as both data providers and token holders can stake their tokens to participate in the network’s operations and earn rewards. These rewards are paid in widely adopted assets like ETH, BTC, SOL, and USDC, creating an innovative value accrual mechanism aimed at sustainable oracle economics. In February 2025, Binance announced that RedStone (RED) would be the next project on its Launchpool platform, allowing users to farm RED tokens by staking BNB, FDUSD, or USDC. A total of 40,000,000 RED tokens (4% of the total supply) were allocated for this initiative. Pre-market trading of RED commenced on February 28, 2025, at 10:00 UTC, with the trading pair RED/USDT available on Binance. Table of contents RedStone (RED) Price Prediction 2025-2030 Overview RedStone (RED) Price Prediction/Analysis 2025 RedStone (RED) Price Prediction for 2026 RedStone (RED) Price Prediction for 2027 RedStone (RED) Price Prediction for 2028 RedStone (RED) Price Prediction for 2029 RedStone (RED) Price Prediction for 2030 FAQs RedStone (RED) Price Prediction 2025-2030 Overview Year Low Price ($) Average Price ($) High Price ($) 2025 $0.55 $1.25 $1.38 2026 $1.35 $1.52 $1.60 2027 $1.85 $2.25 $2.30 2028 $2.40 $2.70 $2.85 2029 $2.50 $2.80 $3.00 2030 $3.00 $3.40 $3.50 RedStone (RED) Price Prediction/Analysis 2025 RedStone (RED) price analysis 2025 (Source: TradingView ) Based on the given support and resistance levels in the chart, RED is currently consolidating within a tight range, indicating a potential breakout in the future. The key resistance levels near $0.61 and $0.62 need to be breached for a sustained upward movement, while the lower support zone around $0.59 is critical for maintaining bullish momentum. If the price holds above $0.60, a breakout toward $0.65-$0.70 could be expected in the mid-term. For 2025, RED is projected to trade within the following price range: Year Low Price ($) Average Price ($) High Price ($) 2025 $0.55 $1.25 $1.38 This prediction accounts for potential price surges driven by increased adoption and liquidity. If RED successfully breaks above the $0.70-$0.75 resistance range, the projected high of $1.38 could be tested by the end of 2025. However, if the price struggles to maintain its current support, it may fluctuate between $0.55-$0.60 before initiating a bullish reversal. RedStone (RED) Price Prediction for 2026 In 2026, RED is expected to continue its upward momentum, trading within a range of $1.35 to $1.60, with an average price of $1.52. This growth may be fueled by increasing adoption, higher liquidity, and a strong support base above the $1.25 level. If RED successfully surpasses $1.60, it could pave the way for further gains in the following years, reinforcing its position as a potential high-growth asset. RedStone (RED) Price Prediction for 2027 By 2027, RED could see a significant price appreciation, reaching a low of $1.85, an average of $2.25, and a peak of $2.30. As market demand grows and more investors enter the space, RED’s trading volume may increase, leading to more stable price action. A breakout beyond $2.30 could indicate a new long-term bullish cycle, provided that market conditions remain favorable. RedStone (RED) Price Prediction for 2028 The year 2028 could bring further expansion for RED, with projected price levels between $2.40 and $2.85, averaging $2.70. Increased utility, adoption in decentralized applications, and integration with blockchain ecosystems could drive sustained demand. If the asset maintains a firm support base above $2.40, it may enter price discovery mode, setting the stage for $3.00+ levels in subsequent years. RedStone (RED) Price Prediction for 2029 In 2029, RED may experience moderate but steady growth, with prices expected to range between $2.50 and $3.00, averaging $2.80. This phase could mark a transition from speculative trading to broader institutional interest. If resistance at $3.00 is breached, RED may see stronger market confidence, potentially leading to even higher valuations in the following years. RedStone (RED) Price Prediction for 2030 By 2030, RED is projected to trade within $3.00 to $3.50, with an average price of $3.40. As blockchain adoption accelerates across various industries, RED could solidify its market position. If bullish momentum continues, a breakout beyond $3.50 may initiate a new growth cycle, further driving long-term investment interest in the asset. FAQs What is RedStone (RED) and its use case? RedStone (RED) is the native token of the RedStone Oracle network, providing secure data feeds for smart contracts across multiple blockchains. What factors could influence RED’s price in 2025? Adoption of the RedStone Oracle network, Binance Launchpool exposure, and market liquidity will play key roles in determining RED’s price. What is the predicted price range for RED in 2025? RED is expected to trade between $0.55 and $1.38, with an average price of $1.25. What resistance levels does RED need to break in 2025? The key resistance levels are $0.61-$0.62, followed by $0.70-$0.75 for a potential bullish breakout. What are the critical support levels for RED in 2025? RED must hold above $0.55-$0.60 to sustain its bullish momentum and avoid extended consolidation. Can RED reach $1.50 by the end of 2025? While $1.50 is an optimistic target, breaking past $1.38 would require strong market demand and sustained adoption. How does staking impact RED’s long-term value? Staking RED secures the network and provides rewards, creating a sustainable token economy that could support price appreciation. Will Binance’s Launchpool listing affect RED’s price? Yes, Binance exposure increases liquidity and investor interest, potentially driving higher demand and price appreciation. What is the long-term forecast for RED beyond 2025? RED could reach $3.50 by 2030 if adoption continues and institutional investors enter the market. Is RED a good investment for the long term? RED’s growing utility in blockchain data services and staking rewards make it a strong long-term project, but price movements depend on broader market conditions. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
RedStone adjusts RED airdrop distribution, adding 2% to compensate missed community members
On March 6th, in response to community concerns, RedStone announced adjustments to the selection process and distribution of the RED airdrop. RedStone has decided to allocate an additional 2% of the total supply of RED from "ecosystem and data providers" on top of the original 5% Miner airdrop, to compensate for contributors who were missed in the initial airdrop. Eligibility for the additional airdrop has been reassessed, and qualified users will be determined based on collected proof of participation. This 2% allocation will be available for claim starting on March 7, 2025, at 00:00 (Beijing time). Additionally, RedStone plans to allocate another 4.5% of RED, total supply, to support DeFi projects using the RedStone price oracle in the 6 months following the TGE (September 6, 2025), and these projects will further distribute to their ecosystem users. Current eligible projects include Euler, Gearbox, Pendle, Venus, Fraxlend, Evaa, Angle, and many other DeFi platforms.
Research Report | In-Depth Analysis of the RedStone & RED Token Market Value
1. Project Introduction RedStone is a modular blockchain oracle, similar to Chainlink and Pyth Network, designed to provide efficient and cost-effective data feeds. It has been deployed across more than 70 blockchains and supports over 140 leading DeFi projects, including Morpho, Pendle, Spark, Venus, Ethena, and Etherfi. RedStone stands out as the only cross-chain data provider that simultaneously supports both Push and Pull oracle models. Additionally, it integrates EigenLayer AVS for on-chain validation, optimizing gas costs while maintaining security and significantly enhancing scalability. Functionally, RedStone offers extensive adaptability, delivering precise data for BTC staking, yield-bearing stablecoins, Liquid Staking Tokens (LSTs), Liquidity Restaking Tokens (LRTs), and various DeFi protocols. Even under extreme market conditions, it ensures low-latency, high-frequency data updates. For instance, during the $2 billion DeFi liquidation event in February 2024, RedStone reportedly pushed 119,000 updates within 24 hours, with ETH/USDC price updates surpassing Chainlink by 30%, ensuring more accurate market feedback. RedStone is also leading in market expansion. In 2024 alone, it onboarded over 100 top-tier clients and expanded to more than 30 emerging blockchains, driving its Total Value Secured (TVS) to new highs. Unlike Chainlink, which primarily focuses on the Ethereum ecosystem, RedStone strategically targets emerging blockchain networks such as Monad, Berachain, MegaETH, and Unichain while maintaining strong integrations with Layer 2 ecosystems like Base, Arbitrum, and Optimism. 2. Project Highlights The Only Modular Oracle Supporting Both Push Pull Models RedStone is the only oracle solution that simultaneously supports both Push and Pull models. Unlike traditional oracles, it provides flexible data retrieval methods tailored to different DeFi protocol requirements. The Push model is ideal for low-frequency applications like on-chain lending and stablecoins, while the Pull model is optimized for high-frequency use cases such as derivatives, options, and perpetual contracts. This approach significantly reduces gas costs while ensuring faster and more accurate data transmission. Rapid Expansion into Emerging Blockchains, Covering 70+ Ecosystems RedStone has integrated with over 70 blockchains, including major networks like Ethereum, Base, and Arbitrum, while also pioneering adoption in emerging ecosystems such as Monad, Berachain, MegaETH, and Unichain. Unlike traditional oracles that primarily focus on the EVM ecosystem, RedStone offers broader cross-chain compatibility and future scalability, delivering efficient and secure data feeds across both DeFi and Layer 2 ecosystems. AVS Integration for Enhanced Data Validation and Cost Efficiency By leveraging EigenLayer AVS (Actively Validated Services), RedStone enhances data validation through off-chain computation, maintaining data security while significantly reducing gas costs compared to traditional oracles. This innovative approach allows RedStone to provide high-frequency data updates more cost-effectively, ensuring the stability of DeFi protocols, particularly during periods of market volatility. Industry-leading Data Update Speed for Precise Pricing During Extreme Market Conditions RedStone excels in maintaining real-time accuracy, even during volatile market events. Reports indicate that during the $2 billion DeFi liquidation event in February 2024, RedStone pushed 119,000 updates within 24 hours, with ETH/USDC price updates exceeding Chainlink by 30%. By delivering faster and more precise market prices, RedStone plays a crucial role in stabilizing DeFi trading and liquidation mechanisms, giving it a competitive edge. 3. Market Valuation Expectation As a modular blockchain oracle, RedStone’s valuation can be compared to major industry players such as API3, PYTH, and Chainlink. 4. Tokenomics Total RED Supply: 1 billion tokens Current Circulating Supply: 280 million tokens Token Allocation and Vesting: Community Genesis: 10% (Distributed to the community through initial claim events) Protocol Development: 10% (Supports essential research and development) Core Contributors: 20% (Rewards team members who drive protocol development) Ecosystem Data Providers: 28.3% (Fuels innovation and community growth) Early Supporters: 31.7% (Rewards investors who backed RedStone’s growth) Token Utility: Payment for Oracle Services: Protocols using RedStone must pay fees in RED tokens. Staking and Governance: Users can stake RED tokens to participate in governance and network security. Ecosystem Incentives: Tokens are used to reward data providers, developers, and contributors. 5. Team Funding Team Information: RedStone was co-founded by Jakub Wojciechowski (Co-founder CEO) and Marcin Kaźmierczak (Co-founder COO). The project began in 2020 when Jakub shared his vision for a new type of oracle with Marcin, inviting him to join in disrupting the oracle market. Marcin accepted without hesitation, leading to the birth of RedStone. Today, RedStone has grown into a 28-member team, emerging as one of the fastest-growing oracle providers in 2024. It delivers high-reliability and high-accuracy data services for renowned DeFi projects such as Pendle, Venus, and Lido. Marcin’s contributions to cryptocurrency and Web3 development earned him recognition as one of Poland’s "30 Under 30" rising talents. Funding: RedStone has successfully raised over $22 million across three funding rounds: Seed Round (August 30, 2022): Raised $7 million, led by Lemniscap, with participation from Coinbase Ventures, Blockchain Capital, and others. Angel Round (May 22, 2023): Secured backing from prominent figures, including Stani Kulechov (Aave), Sandeep Nailwal (Polygon), Emin Gün Sirer (Avalanche), and others. Series A (July 2, 2024): Raised $15 million, led by Arrington XRP Capital, with participation from Spartan Group, IOSG Ventures, Kenetic Capital, Amber Group, and others. 6. Potential Risks Competition from Established Oracle Providers: Chainlink, Pyth, Tellor, and other oracle providers already dominate the market. Whether RedStone can continue expanding and attracting more DeFi protocols remains uncertain. Reliance on Underlying Blockchains: RedStone depends on networks like Ethereum, Solana, and Base. If these blockchains experience congestion, high gas fees, or outages, RedStone’s data transmission could be affected, potentially impacting service stability. 7. Official Links Website: https://www.redstone.finance/ Twitter: https://x.com/redstone_defi Telegram: https://t.me/redstonefinance/
RedStone adjusts the RED airdrop allocation, adding an additional 2% quota to compensate omitted community members
On March 6, in response to community concerns, RedStone announced adjustments to the selection process and distribution of RED airdrops. RedStone decided to allocate an additional 2% of the total RED supply from "ecosystem and data providers" on top of the original 5% total supply for Miner airdrops, as compensation for contributors overlooked in the initial airdrop. The eligibility for receiving additional airdrops has been reassessed and qualified users have been determined based on collected participation proofs. This 2% share will be available for collection starting at 00:00 (UTC+8) on March 7, 2025. In addition, RedStone plans to distribute another 4.5% of RED six months after TGE (September 6, 2025), with the total supply used to support DeFi projects using RedStone's price oracle. These projects will further distribute it among their ecosystem users. Current eligible projects include multiple DeFi platforms such as Euler, Gearbox, Pendle, Venus, Fraxlend, Evaa, Angle etc. RED trading is still ongoing on all platforms and RedStone stated that they will continue optimizing community incentive mechanisms in future.
RedStone announces that RED token airdrop and staking are now open
DeFi oracle RedStone announced the opening of RED token airdrop application and staking. Stakers can receive RED rewards and partner incentives, and plan to earn real profits from RedStone data users in the future.
RedStone announces that it has opened the airdrop application and staking for RED tokens
DeFi oracle RedStone has announced that it has opened the airdrop claim and staking for RED tokens. Stakers can receive RED rewards and partner incentives, and plans to gain real profits from RedStone data users in the future.
RedStone "False Advertising"? Anger Erupts as Only 4,000 out of 230,000 Community Members Receive Airdrop
Original Title: "Only 4000 Qualified Addresses, Has RedStone's Airdrop Angered the Masses?" Original Author: Alex Liu, Foresight News On the evening of March 5th, RedStone initiated its airdrop query. Since its pre-market listing on Binance on February 28th, RED has hit Binance's latest circuit breaker for 3 consecutive days, breaking above $1.40 after the price limit was removed, and is now trading at $0.87 with a market cap of $34 million and a fully diluted market cap of $860 million. As the latest Launchpad project on Binance, RedStone saw significant participation in its airdrop event, garnering attention in the community. Known for its low-cost reputation as a price oracle provider, the project has not experienced any major pricing errors since its launch and has received support from notable investment firms such as Coinbase Ventures and Blockchain Capital. However, this shining star's reputation took a nosedive in the community after the launch of the airdrop query page last night, with some netizens even labeling it a "scam project." But why? Looking at its tokenomics, a 10% community airdrop allocation is not considered low and does not seem to be the root of the issue. On social media platforms, community members have provided feedback that they participated in multi-year tasks (such as mining activities in Seasons 1-3, over a hundred tasks on Zealy, Lunar New Year events, etc.) but still did not receive the airdrop. In RedStone's official statement, the author found the answer. Only those with specific roles in the RedStone Discord are eligible to receive tokens! Qualified roles include Vein Master, Deep Miner, Professor, IRL (participated in offline events), etc., and the proportion of RedStone Discord's nearly 230,000 community members with any of these roles is less than 2%! Merely offering a small amount of tokens may not have angered community users to this extent (RedStone DC has now activated "slow mode" due to excessive criticism), but the actual reward mechanism being inconsistent with the project's promotion has led many users to feel that their efforts were in vain, which is likely the crux of the issue. In past promotions, the project team exclaimed, "Your points will be the key basis for future airdrops!" However, in reality, the top 10 holders in the RSG Points ranking, including the 5th and 7th places, were disqualified from receiving RED tokens because they did not have a Discord role. Out of more than 170,000 people on the leaderboard, only 2296 addresses were eligible. With around 200,000 members in the entire community, only about four thousand people ultimately met the airdrop criteria, with many users receiving only a few hundred tokens. The distribution logic appeared to be very "selective" compared to other mainstream projects in the market. Data Source: @OshinoAJ_eth So what truly sparked the anger of community members is that RedStone's event design was full of intense "PUA" style marketing: by continuously releasing tasks to attract user participation, it created an illusion of "as long as you are diligent enough, you can receive rewards." In reality, there were invisible barriers in the threshold setting, causing many ordinary users who invested a significant amount of time and resources to be excluded at the last moment. This goes against industry norms. Other airdrop projects in the industry usually focus more on the broad participation of users in the distribution mechanism. In dYdX's airdrop event, tens of thousands of participating and eligible users generally receive a certain amount of governance tokens; and in projects like Optimism, their airdrop rules are clear, fair, and transparent, aiming to encompass a larger number of ecosystem users. In contrast, RedStone's "special role" threshold appears too narrow, making it difficult to incentivize long-term community activity and trust. Conclusion The project team may have attempted to achieve a more sophisticated incentive mechanism in airdrop distribution, ensuring that core users receive a higher percentage of rewards. However, this approach undoubtedly overlooks the contributions and expectations of the broader participants. In the long run, airdrops are not only a means to attract users as a promotional tool but also a crucial indicator of project governance transparency and ecosystem health. The current controversy undoubtedly sounds an alarm for the entire industry: only by establishing a fair, open, and reasonable incentive distribution mechanism can users truly feel the value of participation and thus drive the continuous prosperity of the entire ecosystem. Original Article Link
RedStone goes live with Miner airdrop lookup page, will be available for pickup on March 6
On 5 March, according to the official blog, DeFi Prophecy Machine RedStone has launched the airdrop enquiry page, users can go to verify the qualification, and the airdrop collection will be opened at 20:00 on 6 March.
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