Today's Kusama Price Summary
Kusama's price today is $17.55 USD, with a 24-hour trading volume of $16,874,586 USD. KSM is up 3.07% in the last 24 hours. Kusama is currently ranked #235 with a market capitalization of $274,317,555 USD.
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Price
$17.55 (3%)
All Time High
$621.71 (-97%)
Market Cap
$274,317,555
Volume (24h)
16,874,586
Circulating Supply
15,648,069 KSM
Kusama's price today is $17.55 USD, with a 24-hour trading volume of $16,874,586 USD. KSM is up 3.07% in the last 24 hours. Kusama is currently ranked #235 with a market capitalization of $274,317,555 USD.
Kusama is a blockchain platform that helps developers that want to deploy a project on Polkadot and need an environment to test out their project before it goes live on Polkadot. It is very similar to Polkadot but is intended to be used as a development tool.
In a sense, Kusama is like a 'sandbox' where projects that would operate on Polkadot can be tested, and improvements can be made before being used by a much wider audience.
Kusama is currently the premier testing environment for Polkadot projects. In fact, it is used to test official Polkadot upgrades before they are deployed on the Polkadot platform. Anyone who develops projects for Polkadot can use Kusama, which is directly modeled on Polkadot's architecture.
As mentioned above, the value of Kusama is its similarity to Polkadot and its ability to allow Polkadot developers to test their projects in a lighter environment before they are deployed on Polkadot.
We've also written an extensive explanation of the Kusama blockchain's functionality and usefulness, as well as how it works.
On May 18th, 2021 05:04:41 AM, Kusama hit a historic high of $621.71 USD. It has been about 3 years ago since Kusama reached its peak.
On January 14th, 2020 07:20:20 PM, Kusama reached a bottoming price of $0.8765720000 USD. About 4 years ago has passed Kusama has seen such a low price.
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