XDC Network: Latest Developments
SBI and University of Tsukuba Launch Joint Research Initiative
SBI XDC Network APAC Co., Ltd. announced a joint research project on the XDC Network blockchain with the University of Tsukuba for the period from June 15, 2026 to March 31, 2027. The selection of XDC Network was based on technical considerations, including its EVM compatibility, low transaction costs, and design optimized for enterprise use.
Trade Finance Initiative Targets $15 Trillion Market
XDC Network announced a Trade Finance On-Chain Initiative on June 1, 2026, targeting the $15 trillion global trade finance market to reduce costs and fraud using blockchain. The plan involves tokenizing assets like invoices to create transparent records, potentially reducing SME financing costs from approximately 30% to around 10% annually.
Whale Accumulation Signals Institutional Interest
Over 10.38 million XDC tokens were withdrawn from exchanges in a single day on May 27, 2026, signaling potential whale positioning. Large withdrawals from exchanges typically indicate holders are moving tokens to long-term custody, which can reduce liquid supply and precede upward price movements if demand increases.
Recent Price Movement
XDC Network traded at $0.036191 as of June 16, 2026, up 14.64% in recent trading. XDC posted gains after bouncing from trendline support on May 30, 2026, with whales accumulating and futures traders 66% long.
Institutional Infrastructure Expansion
Silo v3 is now live on the XDC Network, introducing a decentralized lending and borrowing protocol supporting XDC and USDC markets, enabling users to interact with on-chain liquidity through isolated markets with transparent risk parameters. XDC Network is now live on Dfns, expanding institutional access to wallet infrastructure and operational tooling, providing capabilities including transaction management, governance controls, and secure signing.