#NKN is on the rise, so I thought I’d take a deeper look into what it’s all about. With the price climbing and chatter picking up, it felt like the perfect time to dig into this “New Kind of Network” and see if the hype has substance.
What is NKN (New Kind of Network)?
NKN is a decentralized data transmission network and cryptocurrency aiming to revolutionize how the internet works. It allows users to share unused bandwidth and get rewarded with NKN tokens.
Key Features:
Ticker: NKN
Purpose: Decentralized internet infrastructure
Consensus Mechanism: Proof of Relay
Launched: 2018
Use Case: Data relay, decentralized apps (like nConnect & nMobile)
Current Stats (as of April 21, 2025):
Price: ~$0.045
Market Cap: ~$35 million
Volume (24h): ~$330 million
Circulating Supply: ~786 million
All-Time High: $1.54
Where to Buy NKN:
Binance
Coinbase
Gate.io
Bitvavo
