As Bitcoin soared to an all-time high of $80,000, altcoins across the market are experiencing renewed interest, with XDC Network reclaiming the 3-cent mark. Financial analysts and blockchain experts are forecasting a solid upward trajectory for XDC, predicting a potential surge to between 15 and 20 cents in the near term. The anticipated price growth reflects a reaction to Bitcoin’s historic performance and fundamental advancements within the XDC Ecosystem, positioning it as one of the more promising blockchain projects in 2024.
XDC has shown significant growth and development since reaching an all-time high of 18 cents in 2021. Since then, the network has seen notable technological improvements, most significantly through the implementation of XDC-2.0, an upgrade enhancing its security and scalability. As a hybrid blockchain tailored for enterprise use cases, XDC has rapidly become an attractive platform for many developers, mainly as blockchain adoption accelerates across industries.
Key Developments in the XDC Ecosystem
One of the most anticipated advancements for XDC is the upcoming launch of its new payments solution and the next-generation TradeFinex platform (TradeFinex 2.0). According to a tweet from the co-founder of XDC Network, TradeFinex 2.0 is expected to handle billions in daily transaction volumes. This innovative update to TradeFinex, XDC’s flagship trade finance platform, has the potential to significantly expand XDC’s role in global trade, underscoring the network’s mission to bridge traditional finance and blockchain.
Further contributing to its value proposition, XDC has become a preferred blockchain for retail developers and entrepreneurs in the gaming industry. From meme-based projects to advanced blockchain-based gaming solutions, XDC has established itself as a versatile and developer-friendly network for a rapidly evolving market. The involvement of top global accelerators and a surge of projects building on XDC highlight the network’s appeal and potential for long-term growth.
This surge in XDC’s popularity and anticipated price gains could signal a broader shift in the blockchain industry, where a project’s core technology and real-world applications become as pivotal to market performance as the broader trends driven by Bitcoin.
XDC Network price today is up 2.83% at $0.029951 USD with a 24-hour trading volume of $11,236,476 USD. The current CoinMarketCap ranking is #142, with a live market cap of $447,251,315 USD. It has a circulating supply of 14,932,919,360 XDC coins. XDC is available on multiple CEX and DEX including the multiple top 10 exchanges namely Gate.io, HTX, Bitfinex, Kucoin.