Sifchain (EROWAN) is the 1256th largest cryptocurrency in the world by market cap, valued at $1,228,455,364. The current price of Sifchain is $0.44143644495812, which is -4.567% lower than yesterday. Prices have ranged between $0.00036315 and $0.00024024 over the past 24 hours. All prices are listed in US dollars and accurate as of March 27, 2023 08:03 UTC.
Sifchain price chart
Price over the past month
What is Sifchain?
Sifchain is a blockchain protocol that was developed to allow any digital asset to be transferred between any other blockchain ecosystem. Interoperability is a problem faced by both individuals and businesses within the cryptocurrency industry and is a problem Sifchain hopes to solve.
The interoperable functionality offered by Sifchain is facilitated by proprietary bridging technology known as “Peggy” and Sifchain’s native decentralized exchange, known as SifDEX.
According to the project’s documentation, Sifchain was developed using the Cosmos software development kit (SDK), and, therefore, inherited the cross-chain functionality of the Cosmos ecosystem. In addition to Cosmos interoperability, Sifchain also facilitates a connection between the Ethereum and Cosmos ecosystems. Thanks to Peggy, digital assets can be transferred from Ethereum to Sifchain, and then from Sifchain to any blockchain within the Cosmos network. It is hoped that up to 25 different blockchains will be connected to Sifchain infrastructure in the future including Avalanche and Polygon.
ROWAN is the native utility token of Sifchain. The token is the universal liquidity token for all pairings within the SifDEX, it is required for all transactions that take place, and it is required by all those that wish to establish a node within the blockchain. All ROWAN token holders can also vote and contribute to the Sif decentralized autonomous organisation (DAO). While ROWAN is native to Sifchain, eROWAN is the Ethereum blockchain equivalent.
How we keep this Sifchain guide up-to-date
- EROWAN price data is regularly updated through data feeds so you always have the latest information.
- Sifchain performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
Sifchain at a glance
Basic stats for Sifchain
#1256
$1 B
3 B
3 B
Sifchain performance over time
Sifchain fundamental and technical analysis
Time frame
Movement
1 day
4.57%
1 week
24.22%
1 month
3.21%
2 months
27.00%
200 days
91.44%
1 year
99.68%
Social activity for Sifchain
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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