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Rootstock Infrastructure Framework Price
Rootstock Infrastructure Framework

Rootstock Infrastructure Framework priceRIF

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RIF
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1 RIF = 0.1692 USD
Last updated 2024-05-08 20:28:04(UTC-0)

Rootstock Infrastructure Framework price live data summary

The live price of Rootstock Infrastructure Framework is $0.1692 per (RIF / USD) today with a current market cap of $169.18M USD. The 24-hour trading volume is $2.89M USD. RIF to USD price is updated in real time. Rootstock Infrastructure Framework is -3.82% in the last 24 hours. It has a circulating supply of 1,000,000,000 .

What is the highest price of RIF?

RIF has an all-time high (ATH) of $0.4591, recorded on 2021-04-12.

What is the lowest price of RIF?

RIF has an all-time low (ATL) of $0.02736, recorded on 2020-03-13.

Rootstock Infrastructure Framework price prediction

Set your prediction

What will the price of RIF be in 2025?

Based on RIF's historical price performance prediction model, the price of RIF is projected to reach $0.1927 in 2025.

What will the price of RIF be in 2030?

In 2030, the RIF price is expected to rise by +4.00%. By the end of 2030, the RIF price is projected to reach $0.3047, with a cumulative ROI of +80.09%.
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Rootstock Infrastructure Framework price performance in USD

24h7d30d90d1yAll-time
-3.82%-1.34%-39.29%+21.47%+26.28%-18.93%

Rootstock Infrastructure Framework price history in USD

TimeLowHigh
24h$0.1666$0.1758
7d$0.1666$0.1914
30d$0.1621$0.2779
90d$0.1344$0.3392
1y$0.06259$0.3392
All-time$0.02736(2020-03-13, 4 years ago )$0.4591(2021-04-12, 3 years ago )

Rootstock Infrastructure Framework market information

Market cap
$169,180,004.02
-3.82%
Fully diluted market cap
$169,180,004.02
-3.82%
Volume (24h)
$2,891,771.07
-12.73%
Market rankings
Circulation rate
+100.00%
24h volume / market cap
0.017
Circulating supply
1,000,000,000 RIF
Total supply / Max supply
1,000,000,000 RIF
-- RIF

Rootstock Infrastructure Framework ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Rootstock Infrastructure Framework(RIF)

What Is Rootstock Infrastructure Framework?

Rootstock Infrastructure Framework, or RIF, is a suite of open-source, decentralized protocols designed to accelerate the development and deployment of decentralized applications (dApps). Operating within a unified environment, RIF protocols offer developers and organizations a streamlined, accessible blockchain infrastructure service framework. This innovation is built on the Rootstock (RSK) Smart Contract Network, which holds the distinction of being the first open-source smart contract platform secured by the Bitcoin Network.

RIF's mission is to bridge the gap between blockchain technologies and widespread adoption. It achieves this by offering broad interoperability and a faster time-to-deployment for dApps. The RIF protocols complete the vision of RSK's Internet of Value, enabling the creation of a decentralized digital economy. By integrating with the Bitcoin Network, RIF leverages the security and global recognition of Bitcoin, fostering trust and stability in its ecosystem.

Resources

Official Documents: https://dev.rootstock.io/

Official Website: https://rif.technology/

How Does Rootstock Infrastructure Framework Work?

RIF operates by providing a comprehensive set of protocols that enable access to a variety of services across multiple crypto-economies. One of its key components is the RIF Name Service (RNS), a decentralized service that allows users to have readable domains or aliases. This service simplifies the interaction with blockchain technologies by providing easily identifiable personal resources, such as payment or communication addresses.

Additionally, RIF encompasses several other protocols and services, enhancing its functionality and appeal. These include RIF Wallet, a full-stack library for integrating crypto lending, saving, and payment services; RIF Rollup, which utilizes zkRollup Technology for fast and scalable low-cost payments; and RIF Flyover, enabling fast transfers between Bitcoin and RSK. Furthermore, RIF Relay offers a sponsored transaction system, allowing users to pay transaction fees with ERC-20 tokens, simplifying the user experience.

RIF's implementation on the Rootstock Smart Contract Network, secured by the Bitcoin Network, adds significant value. It extends Bitcoin's functionality with smart contracts, near-instant payments, and improved scalability, supporting up to 100 transactions per second. This integration not only enhances the security and efficiency of RIF's protocols but also aligns with the broader goal of fostering the Internet of Value.

What Is RIF Token?

The RIF token is an integral part of the RIF ecosystem, functioning as the primary medium for accessing and paying for services. With a total supply of 1 billion tokens, the RIF token is based on the ERC677 standard, an evolution of the ERC20 standard. This standard simplifies transactions between contracts and regular addresses, allowing for more efficient interactions within the RIF framework.

Holders of the RIF token can access a wide range of services compatible with the RIF architecture. These services include decentralized, third-party, off-chain payment networks; APIs for secure communication between dApps; and various user-friendly interfaces for developers. The RIF token is accepted across the RIF platform, enabling users to engage with services built on top of RIF protocols, including Directory, Payments, Data Feeds, Storage, and Communications.

What Determines Rootstock Infrastructure Framework’s Price?

The price of the Rootstock Infrastructure Framework (RIF) is influenced by a complex interplay of factors typical in the cryptocurrency market, where investor sentiment, market trends, and technological advancements play pivotal roles. Key among these is the adoption rate of RIF's technology. As more developers and organizations utilize RIF for building and deploying decentralized applications (dApps), the demand for RIF tokens increases, potentially driving up the price. This adoption is closely tied to the perceived utility and efficiency of RIF's protocols, including its ability to offer seamless integration with the Bitcoin network, enhanced scalability, and a range of services like RIF Name Service (RNS) and RIF Storage. Additionally, the overall performance and security of the Rootstock Smart Contract Network, which underpins RIF, contribute significantly to investor confidence, impacting the token's valuation. Market analysts and investors often turn to historical charts and price prediction models to gauge the long-term potential of RIF, making these tools crucial in understanding its price dynamics.

Furthermore, the broader cryptocurrency market trends and regulatory developments also play a crucial role in determining RIF's price. As with other digital assets, RIF is subject to the volatile nature of the crypto market, where news, global economic events, and shifts in investor sentiment can lead to rapid price changes. For instance, positive news about blockchain adoption or favorable regulatory developments can lead to a surge in prices, while negative news can have the opposite effect. Investors and enthusiasts closely monitor these factors through real-time updates, expert analyses, and blockchain news platforms, which provide insights into the potential price movements of RIF tokens. In this rapidly evolving digital economy, staying informed and understanding the multifaceted nature of price determinants is key for anyone interested in the Rootstock Infrastructure Framework's market performance.

For those interested in investing or trading Rootstock Infrastructure Framework, one might wonder: Where to buy RIF? You can purchase RIF on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

How to buy Rootstock Infrastructure Framework (RIF)

Buying Rootstock Infrastructure Framework on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!

Trade RIF perpetual futures

After having successfully signed up on Bitget and purchased USDT or RIF tokens, you can start trading derivatives, including RIF futures and margin trading to increase your income.

The current price of RIF is $0.1692, with a 24h price change of -3.82%. Traders can profit by either going long or short onRIF futures.

Join RIF copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or RIF tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of Rootstock Infrastructure Framework.

What is the current price of Rootstock Infrastructure Framework?

We update our Rootstock Infrastructure Framework to USD price in real time. Get the live Price of Rootstock Infrastructure Framework on Bitget.

What is the 24 hour trading volume of Rootstock Infrastructure Framework?

Over the last 24 hours, the trading volume of Rootstock Infrastructure Framework is $2.89M.

What is the all-time high of Rootstock Infrastructure Framework?

The all-time high of Rootstock Infrastructure Framework is $0.4591. This all-time high is highest price for Rootstock Infrastructure Framework since it was launched.

Can I buy Rootstock Infrastructure Framework on Bitget?

Yes, Rootstock Infrastructure Framework is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Rootstock Infrastructure Framework guide.

Can I get a steady income from investing in Rootstock Infrastructure Framework?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Rootstock Infrastructure Framework with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Rootstock Infrastructure Framework online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Rootstock Infrastructure Framework, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Rootstock Infrastructure Framework purchase. This page and any information included are not an endorsement of any particular cryptocurrency.
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