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The Defiant 2025-03-06 23:01:37

RedStone Token Debuts on Ethereum at $900 Million Valuation

RedStone, a blockchain oracle provider backed by Arrington Capital, has officially launched its native token RED on the Ethereum network. The token is now trading on major centralized exchanges (CEXs), including Binance, Bybit, Bitget and Kraken. Since its debut this morning, RED has hit an all-time high of $0.93 and an all-time low of $0.65. It’s currently trading at $0.75 with a market capitalization of $207 million, according to CoinGecko , which corresponds to a fully diluted valuation of $740 million. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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