XDC Price XDC Price Live Chart

The platform aims to bridge the gap between traditional finance and blockchain technology, making it an essential tool for businesses seeking to optimize their operations. By running on its own hybrid blockchain, XinFin combines the benefits of public and private networks, enhancing scalability and security for users. XinFin Network (XDC) stands out due to its hybrid blockchain technology, which combines the benefits of both public and private blockchains, enabling seamless interoperability. Its tokenomics is designed to facilitate low-cost transactions, making it a practical solution for businesses seeking efficient blockchain integration.

XDC serves as the fuel token for the XinFin Network, an enterprise-ready blockchain featuring a hybrid (public/private) architecture. With EVM compatibility, the network caters to enterprises looking to build or scale their infrastructure within a blockchain ecosystem. From seamless interoperable smart contracts to frictionless payments, XDC Network provides all the necessary resources for various blockchain use cases. The XDC blockchain uses a consensus mechanism known as XinFin Delegated Proof-of-Stake (XDPoS) in order to provide high levels of security. In order to become a masternode participants must deposit 10,000,000 XDC. The XinFin Network is called a hybrid blockchain network because it combines the best features of both private and public blockchain solutions.

This table lists the live conversion rate of XDC Network (XDC) into Tether USDT (USDT) for many of the most popular multiples. A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.

  • Within each epoch, which is a specific period of time, Masternodes are selected to create blocks in a round-robin manner, with each Masternode taking turns every 2 seconds.
  • Its tokenomics is designed to facilitate low-cost transactions, making it a practical solution for businesses seeking efficient blockchain integration.
  • It was launched in 2019 by Singapore-based XinFin, an IT company focused on international trade and finance.
  • It’s important to note that making accurate price forecasts for cryptocurrencies like the XDC Network coin is challenging and highly speculative.
  • Changelly is also a secure and simple cryptocurrency exchange platform where you can easily buy XDC network tokens with fiat currency or swap your digital assets for other cryptocurrencies.

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.

What will be XDC Network (XDC) price by 2028?

Users can engage in staking to earn rewards while contributing to network security and governance. Additionally, XDCE supports the creation and trading of NFTs, enhancing its utility xdce price across diverse digital assets. The live price of XDC Mainnet is $0.07699, with a total trading volume of $ 0 in the last 24 hours.

What determines the price of XinFin Network?

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. A high market capitalization implies that the asset is highly valued by the market. XDC 2.0 incorporates the theoretical maximum Byzantine fault tolerance security and novel forensics monitoring system into the consensus mechanism. As of Sep 02, XinFin Network has a market capitalization of $931.1 Million and is ranked #77 among all cryptocurrencies. This calculation is based on the circulating supply of XinFin Network. XDC is available for trading on the following CEXs and DEXs listed here.

  • Decentralized applications and protocols can be built on the network that facilitates token issuance and token integration.
  • This indicates a temporary lag in XDCE’s price action relative to the broader market momentum.
  • XinFin’s initial exchange listing occurred shortly after its launch, facilitating broader access to its native token, XDCE.
  • XDC has a max supply of 37,7B coins, with a current circulating supply of 13,8B coins.

Dapp developers can create interoperable smart contracts and decentralized software, using both Ethereum and XinFin blockchains within a single product. This is feasible because the XinFin blockchain supports EVM and shares a common architecture with Ethereum, making deployment relatively straightforward. The XDC Network is a blockchain platform designed to bridge the gap between public blockchain networks and legacy banking systems.

XDC Network comprises part of the XinFin platform and operates as a “hybrid blockchain”. It is geared toward the global trade and finance industries and aims to connect public and private blockchains together with interoperable smart contracts. Decentralized applications and protocols can be built on the network that facilitates token issuance and token integration.

In other words, $17.52M have changed hands within the past 24 hours through trading. XinFin Network (XDCE) is widely available on centralized and decentralized cryptocurrency exchanges. After the token’s launch on Jan 29, 2018, on the Ethereum platform, over 4,564 wallets have acquired XDCE, with a recorded total of 147,181 successful token transactions to date. Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses.

Block rewards in XDC are paid out every epoch, which lasts approximately 30 minutes based on the two-second block time. 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. The network is also open-source, so the crypto community can easily scrutinize the platform’s smart contract code. The XDC Network (alternatively known as the XinFin Network) is a low-cost, fast, and reliable blockchain built for everyone. 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.