

In 2021, the team behind Plasm Network launched Shiden Network (SDN), designed to address the lack of smart contract functionality on Kusama's relay chain and the need for a versatile multi-chain dApp layer.
As a multi-chain decentralized application layer on Kusama Network, Shiden Network plays a key role in DeFi, NFTs, and cross-chain interoperability.
As of 2026, Shiden Network has established itself within the Kusama ecosystem, with an active development community and support for Ethereum Virtual Machine, WebAssembly, and Layer2 solutions.
This article will provide an in-depth analysis of its technical architecture, market performance, and future potential.
Shiden Network was created by the Plasm Network team in 2021, aiming to solve the absence of smart contract capabilities on Kusama's relay chain and enable diverse blockchain applications.
It emerged during the rapid expansion of the Polkadot and Kusama ecosystems, with the goal of providing a comprehensive smart contract platform that bridges multiple blockchains.
Shiden Network's launch brought new possibilities for developers and users seeking to build decentralized applications on Kusama.
With support from the Astar Network foundation and the broader Kusama community, Shiden Network continues to optimize its technology, security, and real-world applications.
Shiden Network operates on a decentralized network of computers (nodes) distributed globally, free from control by banks or governments.
These nodes collaborate to validate transactions, ensuring system transparency and attack resistance, granting users greater autonomy and enhancing network resilience.
Shiden Network's blockchain is a public, immutable digital ledger that records every transaction.
Transactions are grouped into blocks and linked through cryptographic hashes to form a secure chain.
Anyone can view the records, establishing trust without intermediaries.
The platform's support for multiple virtual machines (EVM and WebAssembly) and Layer2 scaling solutions further enhances performance and flexibility.
Shiden Network utilizes Nominated Proof of Stake (NPoS) to validate transactions and prevent fraudulent activities such as double-spending.
Validators and nominators secure the network through staking SDN tokens and participating in consensus, earning SDN rewards for their contributions.
Its innovations include efficient cross-chain communication and compatibility with diverse blockchain standards.
Shiden Network employs public-private key cryptography to protect transactions:
This mechanism ensures fund security while transactions maintain pseudonymity.
The network's multi-chain architecture and bridge protocols provide additional layers of security and interoperability.
As of February 04, 2026, ShidenNetwork (SDN) has a circulating supply of 68,221,993.91 tokens, with a total supply of 87,519,207.77 SDN. The token follows an inflationary model with unlimited maximum supply.
SDN tokens enter the market through a distribution mechanism where PLM token holders from Plasm Network can claim SDN tokens at a 1:1 ratio. This distribution method impacts the supply-demand dynamics of the token ecosystem.
The current circulating supply represents approximately 83.67% of the total supply, indicating substantial token availability in the market.
ShidenNetwork (SDN) reached its all-time high of $8.36 on September 12, 2021, driven by strong market momentum during the broader crypto bull market and growing interest in Kusama parachain projects.
The token experienced its lowest price of $0.01412926 on February 03, 2026, influenced by extended market downtrend conditions and sector-wide price corrections.
These fluctuations reflect market sentiment shifts, adoption patterns, and broader cryptocurrency market dynamics. The token has experienced substantial price volatility, with recent performance showing a -23.79% change over 24 hours, -56.52% over 7 days, and -85.86% over the past year.
Click to view current SDN market price

ShidenNetwork's ecosystem supports multiple applications:
ShidenNetwork operates as a multi-chain decentralized application layer on Kusama Network, serving as the canary network for Plasm Network. These foundational relationships provide a solid base for ShidenNetwork's ecosystem expansion.
ShidenNetwork faces the following challenges:
These issues have sparked discussions within the community and market, driving ShidenNetwork's continuous innovation.
ShidenNetwork's community demonstrates solid activity, with 13,108 token holders. On X platform, relevant posts and hashtags frequently appear in discussions.
Sentiment on X presents varied perspectives:
X users actively discuss ShidenNetwork's technical development, ecosystem growth, and market performance, showcasing both its transformative potential and the obstacles on the path to mainstream adoption.
ShidenNetwork redefines decentralized applications through blockchain technology, providing multi-chain compatibility, smart contract flexibility, and Layer2 scalability. Its active community, comprehensive resources, and position within the Kusama ecosystem make it distinctive in the cryptocurrency space. Despite facing market volatility and competitive pressures, ShidenNetwork's innovative approach and clear development direction position it importantly in the future of decentralized technology. Whether you are a newcomer or an experienced participant, ShidenNetwork merits attention and engagement.
Crypto SDN integrates cryptographic security into software-defined networks, enabling encrypted data transmission and enhanced network control. Unlike traditional SDN, it prioritizes cryptographic protection, decentralization, and blockchain-based verification, offering superior security for distributed systems and Web3 infrastructure.
Crypto SDN integrates cryptographic protocols with SDN architecture by separating control and data planes with encryption. It uses advanced cryptography to secure controller-switch communications and network policy implementation, enabling programmable, encrypted, and secure network management with enhanced data protection and authentication mechanisms.
Crypto SDN enables dynamic resource allocation in data center networks, optimizes enterprise network management with flexible control, and enhances security through centralized architecture. It improves network efficiency and reduces operational costs in blockchain infrastructure.
Security advantages: Enhanced network security through distributed control, dynamic routing, and reduced single-point failure risk. Potential risks: Blockchain dependency may introduce high costs, performance bottlenecks, and increased complexity in implementation and maintenance.
Crypto SDN通过分离控制和数据平面,提高网络管理灵活性和效率,简化规则管理,增强区块链网络的可编程性和扩展性。











