AION

AionAION

Rank #314
Coin
On 25,658 watchlists

Aion Price (AION)

$0.3469
1.65%

0.000006058 BTC0.67%

0.00009956 ETH2.49%

Low:$0.332
High:$0.3529
24h
AION  Aion AIONPrice: $0.3469 1.65%
Market Cap
$170,834,118
1.65%
Fully Diluted Market Cap
$170,834,118
1.65%
Volume
24h
$14,692,998
16.17%
Volume / Market Cap
0.08601
Circulating Supply
492,427,074 AION
Max Supply
--
Total Supply
492,427,074

Aion Chart

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AION Price Live Data

The live Aion price today is $0.346923 USD with a 24-hour trading volume of $14,692,998 USD. Aion is up 1.65% in the last 24 hours. The current CoinMarketCap ranking is #314, with a live market cap of $170,834,118 USD. It has a circulating supply of 492,427,074 AION coins and the max. supply is not available.

If you would like to know where to buy Aion, the top exchanges for trading in Aion are currently Binance, BiONE, CoinBene, Bitrue, and KuCoin. You can find others listed on our crypto exchanges page.

What Is Aion (AION)?

Aion is the token used to secure and access The Open Application Network (OAN). Launched in 2018 in Canada, The OAN is a public network available to everyone. Managed by The Open Foundation, a registered not-for-profit organization, OAN aims to give the public an environment to create Open Apps.

The main purpose of The OAN is to facilitate interoperability between different blockchains, thus allowing users and developers to create a variety of applications. By making the AION token the core of the network, OAN enables users to execute smart contracts, store data, and share it between different networks.

Who Are the Founders of Aion?

The Open Application Network is run by CEO Matthew Spoke and COO Ian Chan. Matthew Spoke is a University of Ottawa graduate and has worked for several blockchain-centric enterprises. He is also the founder of the Blockchain Technology Coalition of Canada. Spoke is also a founding member of Nuco, an enterprise blockchain network solution. In 2020, he started working on Moves, an app designed to stimulate the booming gig economy.

Ian Chan serves as the COO of OAN. He has several degrees from universities including Harvard and the University of Toronto. Specializing in growth mechanisms for the financial industry, Chan has had a wide array of professional experience. In 1998, he became the senior vice-president of the Thomas Cook Group. Later, he moved on to working at Hewlett Packard, and in 2005 he joined Deloitte. Since 2018, he has been focusing on developing The OAN.

What Makes Aion Unique?

The Open Application Network is a disrupting factor in the world of cryptocurrency, as it aims to bridge the gap between different blockchains. The AION token is essentially designed to allow developers and buyers to transfer from one blockchain to the other easily. Not only that, but AION provides for the execution of data transfers and smart contracts on blockchains like Ethereum and NEO.

The lack of interoperability between blockchains is still one of the factors preventing the technology from entering the mainstream financial world. AION aims to create a platform that will effectively be able to replace the current way banks are running global finance. The OAN has already partnered with numerous big names in the industry like CryptoCurve, Nodesmith and BlockX Labs. Not only that, but AION is a member of the Blockchain Interoperability Alliance.

Read more about Akropolis.

Find out more about Synthetix Network Token.

Learn more about altcoins.

Have a look at the CoinMarketCap blog.

How Many Aion (AION) Coins Are There in Circulation?

There is a total supply of 487,496,874 AION tokens. Currently, all of the total supply has entered the market and is actively being traded. There is no information on whether OAN plans to release more tokens in the future or if the current total supply will also be the maximum supply for AION.

Founders and other team members received about 40% of the total supply of AION tokens. Another 51.5% of AION tokens were directed towards Token Release Schedule Contracts, which will be gradually made available to the public over time. Finally, the remaining 8.5% of tokens were distributed among private investors interested in the seed phase of AION’s launch.

How Is the Aion Network Secured?

The OAN blockchain and AION token are secured by a combination of delegated proof-of-stake (DPoS) and proof-of-importance (PoI) consensus methods. One important characteristic of the blockchain is that it relies on a Byzantine Fault Tolerance for additional security.

DPoS is a relatively new consensus mechanism, which relies on stakeholders for the validation of new blocks, and thus, the creation of new tokens. Unlike the proof-of-work (PoW) consensus, which requires a lot of computing and electrical power for the mining process, PoS consensus mechanisms are more scalable and environmentally friendly. By placing importance on the number of coins staked.

Where Can You Buy Aion (AION)?

You can purchase AION tokens on several of the largest exchanges.

Binance has the largest processed volume of AION/USD transactions at $8,419,408 as of February 2021. Other options for trading AION include Bitrue, Bithumb, and Bitvavo.

Read more on buying crypto.

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AION

Aion

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USD

United States Dollar

AION Price Statistics

Aion Price Today
Aion Price$0.3469
Price Change24h$0.005626
1.65%
24h Low / 24h High
$0.332 /
$0.3529
Trading Volume24h$14,692,998.24
16.17%
Volume / Market Cap0.08601
Market Dominance0.01%
Market Rank#314
Aion Market Cap
Market Cap$170,834,118.41
1.65%
Fully Diluted Market Cap$170,834,118.41
1.65%
Aion Price Yesterday
Yesterday's Low / High
$0.3028 /
$0.3529
Yesterday's Open / Close
$0.3059 /
$0.3391
Yesterday's Change

10.85%

Yesterday's Volume$13,619,231.68
Aion Price History
7d Low / 7d High
$0.3028 /
$0.3872
30d Low / 30d High
$0.2139 /
$0.5553
90d Low / 90d High
$0.07762 /
$0.5553
52 Week Low / 52 Week High
$0.05697 /
$0.5553
All Time High
Jan 07, 2018 (3 years ago)
$10.00
96.53%
All Time Low
Mar 13, 2020 (a year ago)
$0.04064
753.70%
Aion ROI

43.78%

Aion Supply
Circulating Supply492,427,074 AION
Total Supply492,427,074 AION
Max SupplyNo Data