#rad Community Insights & Market Sentiment

On-chain Hexagram｜Today’s reading: Earth over Wind, Sheng (Rising)—roots grow downward, momentum moves upward.

📊 Afternoon leaderboard #1, RAD: Unlocks are done. Who holds the 40% that isn’t circulating?

First, why the change of topic today: A snapshot of Binance’s spot gainers at 18:19 shows RAD in first place among USDT pairs, up +25.55% ($0.285); ZRO is no longer in the top 10. So today’s article switches to RAD, the afternoon leaderboard’s new #1.

Don’t just look at today’s gain. RAD’s real hand is in its supply structure. Sources: Tokenomist snapshot at 2026-10-31 09:44 UTC, Kraken risk disclosure dated 2026-10-08, CoinCodex, and an ApeSpace holder snapshot. Sources use slightly different market-cap methodologies, so I’ll report them separately rather than forcing them into one number.

Total and circulating supply: RAD has a fixed total supply of 100 million tokens. By Tokenomist’s figures, about 59,053,424 tokens are circulating, or 59.05% of the total supply. Using the 18:19 price of $0.285, that gives a rough market cap of about $17 million. The unlock schedule was completed in 2025, so all tokens are now unlocked, with no next unlock hanging overhead.

Allocation (genesis allocation; Tokenomist and Kraken figures agree): Community Treasury 50%, Early Backers 20%, Team 19%, Foundation 5%, Liquidity Bootstrapping Pool 4%, and Seeders Program 2%. The treasury allocation is managed by Radworks DAO, with one token, one vote; its governance mechanism is forked from Compound.

Holders: A snapshot from the third-party aggregator ApeSpace shows about 7,800 holders. The contract is an Ethereum ERC-20 (0x31c8…1e64a3). This is just an aggregator’s figure, for reference only.

What we couldn’t verify, stated plainly: The public sources reviewed for this article don’t provide a usable percentage for the top 10 holders, so I won’t make one up. I also couldn’t find the number of 24-hour transfers, so I won’t invent that either. There’s likewise no transaction-by-transaction, verifiable list of large transfers. For today’s move, the market page only gives the gain and price; transaction-level attribution on-chain isn’t available in the sources reviewed.

A little more on RAD’s story: In 2018, Alexis Sellier and Eleftherios Diakomichalis founded Radicle, aiming to build a collaborative network that didn’t rely on centralized hosting services like GitHub or GitLab. It initially used IPFS to store data, then switched to Git as its replication layer for performance reasons. In February 2021, RAD launched through the Balancer Liquidity Bootstrapping Pool. On May 5 of that year, 100 million tokens were minted at genesis, with 50% allocated to the community treasury under DAO management. The early DAO’s first vote was to distribute 3.75% of the tokens in the bootstrapping pool to the community. RAD reached its all-time high in April 2021. The project later changed its name from Radicle to Radworks and grew to include several organizations, including Radicle and Drips; Drips focuses on ongoing funding for open-source dependencies. It reached its all-time low on July 29, 2026. Today, it’s at the top of the afternoon leaderboard.

The Sheng hexagram speaks of “wood growing within the earth”—roots grow downward, momentum moves upward. The most distinctive part of RAD’s structure is that the unlocks are already complete; unlike most newer tokens, there are no more unlocks hanging overhead. Half of the genesis allocation went to the treasury, managed by the DAO—a concentration of energy that stays contained. But the other side needs saying too: there are only about 7,800 holders, and the market is small, with few participants. Today’s +25% candle looks powerful, but whether volume can follow through is what matters.

Bottom line: The structure is “fixed total supply, 60% circulating, unlocks complete, half in a DAO-managed treasury.” Having no unlocks looming overhead is a relatively clean feature. But the market is small and holder numbers are low. Today’s gain looks more like a leaderboard effect combined with short-term money flowing in, rather than a move driven by a new announcement. Manage your own position size.

RAD used to be a flagbearer for the “decentralized GitHub” narrative in 2021, born with half its supply in a treasury managed by a DAO. Now it’s been renamed Radworks; the narrative remains, but its price and market cap have shrunk to a fraction of what they were. The unlocks are complete, and no one can dump more tokens into the market through future unlocks. The remaining question is whether real people are actually using this decentralized collaboration system. The name has changed, but the question hasn’t: its value increasingly depends not on what the white paper says, but on whether developers are really putting code on it.

Pick a side in the comments: A) Unlocks are done, the treasury is in hand, and this top-ranked candle is the start of a return to value. B) Small market, few holders, no new narrative—today’s candle is just a short-term money play.
Follow Shengshou: We screen tokens and share research every day at 10:00, 16:00, and 21:00. We cover major events as they happen. The mysticism is just for fun; the data is real. Don’t get lost.

The hexagram has been cast; set your own position size. —Shengshou
On-chain data comes from public snapshots. The divination content is for entertainment and does not constitute investment advice.

#玄学炒币 #RAD #Radworks #链上数据 #InvestmentResearch

rad

$RAD - Radworks: The Decentralized GitHub Powering Web3 Development

Trending Topics