XinFin Coin XDCE Price XDCE to USD Price and Live Chart

Analysts attribute the surge to enterprise pilot programs that highlight real-world utility in trade finance operations. XDC’s co-creation with a Singapore-based foundation also fosters confidence in its international scope. One significant feature of the XDC cryptocurrency is its fixed and non-inflationary total supply, ensuring its stability and long-term value.

Running a masternode offers incentives in the form of significant block rewards, which can often exceed the operational costs. The XDC Network (alternatively known as the XinFin Network) is a low-cost, fast, and reliable blockchain built for everyone. Into 2026, we see a barbell as the most sensible way to express the thesis with Robinhood as the core, steadier compounder, and Coinbase as the higher-beta call option on the next crypto up-leg. Kakkad is a serial tech entrepreneur with decades of experience in cloud computing. Khekade, a computer engineer by training, played the leading role at MonetaGo in creating the first permissioned blockchain network for a consortium of the most prominent Indian banks. When visiting external Web sites, users should review those Websites’ privacy policies and other terms of use to learn more about what, why, and how they collect and use personally identifiable information.

  • With 35% of borrow interest coming from ETH and 55% from stablecoins, Aave is emerging as a powerful proxy as an ETH and stablecoin beta.
  • These problems include network congestion and high transaction fees on the Ethereum blockchain, along with the lack of interoperability with other blockchains.
  • Moreover, if you use an FCA-regulated broker, you will be covered by the Financial Services Compensation Scheme up to the sum of $85,000 for any cash that is in your account.
  • Analysts attribute the surge to enterprise pilot programs that highlight real-world utility in trade finance operations.
  • Compared to other crypto coins which started the same year as XinFin Network it has above-average trading volume, average volume for the other 803 coins started in 2018 is $15M while XDCE has $22M.

How much does it cost to buy XDC network?

XDC has a max supply of xdce coin 37,7B coins, with a current circulating supply of 13,8B coins. The XDC Network is powered by a delegated proof-of-stake consensus mechanism (XDPoS), which facilitates fast transactions, interoperability, and cybersecurity. This consensus consumes one-tenth of the energy required by proof-of-work ledgers like Bitcoin and offers near-zero gas fees along with a lightning-fast 2-second block confirmation time. It is an enterprise-grade, open-source blockchain protocol that is uniquely suited to revolutionize the trade finance industry through the tokenization of real-world assets and financial instruments. It was also invited to join the ITFA’s Digital Negotiable Instruments Initiative(DNI). Tradeteq was responsible for the world’s first trade finance-based non-fungible token(NFT) issuance on the XDC Network in late 2021.

In 2023, through the efforts of Tradeteq and Securitize, the XDC Network rolled out its first compliant U.S. Treasury token, USTY, representing blockchain-based versions of shares in a U.S. Kakkad and Khekade set out to build an enterprise-ready blockchain uniquely suited to liquifying global trade finance. KuCoin is a cryptocurrency exchange headquartered in Seychelles that was established in 2017.

Check Your Wallet Score on Monad Testnet

To address these limitations, the XinFin Network is actively researching and implementing scaling solutions. One potential solution is on-chain scaling, which involves implementing techniques like sharding and Proof-of-Stake-based consensus. These approaches aim to significantly improve transaction processing speed while ensuring the security requirements of the system are met. These crypto wallet products offer secure storage and enable users to send and receive XDC easily. XDC also plays a crucial role in incentivizing the building of the XinFin Network engine and ecosystem. It serves as a decentralized governance instrument, enabling stakeholders to participate in decision-making processes that shape the network’s future.

  • Acting as a bridge between different chains, XDC Network enables cross-chain communication and the transfer of data.
  • These tokens act as bridges between different chains, enabling the smooth exchange and interaction of assets across multiple networks within the XDC ecosystem.
  • The purpose of XDC Origin is to simplify secure smart contract deployment and enable asset tokenization without custom programming expertise.
  • XDCPay allows businesses and individuals to accept XDC as a form of payment for goods and services.
  • The XDC coin serves as the native cryptocurrency of XDC Network, enabling various functions within the ecosystem, including trade financing, cross-border payments, and supply chain management.

The token price is likely to follow the project’s adoption from institutions if the project can gain institutional adoption. XDC’s recent price climb—exceeding 45% in a week—caught many traders’ eyes, especially as it outperformed some larger-cap cryptos. On the daily chart, XDC capitalized on mounting volumes and a break above a key resistance near $0.10, which triggered technical buying. Momentum indicators like RSI signaled possible short-term overbought conditions, prompting caution about a near-term pullback. Changelly provides a secure and efficient platform for buying, selling, and exchanging XDC and other cryptocurrencies at a great exchange rate and immediate order executions. The XDPoS consensus mechanism operates through a unique Masternode architecture.

As of Jan 6, 2025, there are 300+ XDC Network validator masternode candidates, of which 108 actively operate as validator masternodes, and the remainder operate as standby masternodes.