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XDC Price Prediction: Can Bulls Defend Support Levels of XDC Coin Price?

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XDC Price Prediction

In the crypto market, the tokenization of Real-World Assets (RWA) marks a transformative shift in the way digital assets are viewed and utilized by investors and institutions. This crucial development in blockchain technology is underscored by BlackRock’s adoption of RWAs, signaling a major move towards broader blockchain integration and heralding a new phase in finance. Since its inception in 2019, the XDC Network, previously known as XinFin Network, has committed itself to addressing real-world challenges with cutting-edge blockchain solutions. This emphasis on practical blockchain applications has established the XDC Network as an influential force in the industry, greatly enhancing the capabilities of RWA tokenization. With a strategic focus on pioneering financial interoperability, liquidity, and efficiency, the XDC Network brings a new era of finance through decentralized applications that facilitate RWA transactions on its platform. XDC and DaoFin have announced a partnership, highlighting the transformative impact of artificial intelligence (AI) and community involvement on decentralized governance within the XDC Network’s DAO platform. But what exactly is DaoFin? It is an open-source smart contract standard designed specifically for DAOs operating on the XDC Network. DaoFin’s main goal is to democratize decision-making and enhance transparency by enabling the XDC community to actively engage in proposals related to bounties, grants, and integrations. In this article, we’ll explore XDC price prediction with in-depth technical analysis of the XDC coin to determine its current market sentiment and future potential.

XDC: A Quick Overview

The XDC Network, a blockchain that branched off from Ethereum, is tailored for businesses to create proprietary networks. It joins the ranks of so-called “Ethereum killers,” aiming to overcome the original chain’s issues like slow transaction speeds and high costs.

Utilizing a delegated proof-of-stake (PoS) consensus mechanism, the XDC Network efficiently produces blocks. According to its website, this allows for processing over 2,000 transactions per second while maintaining minimal gas fees.

The blockchain’s documentation highlights its capabilities:

“With features like interoperable smart contracts, a throughput of 2,000 transactions per second, and compatibility with the Ethereum Virtual Machine, the XDC Network offers a scalable infrastructure suited for both enterprises and individual community contributors.”

The network, originally called XinFin, was co-founded by Ritesh Kakkad and Atul Khekade in Singapore. Kakkad, who co-founded the cloud-hosting company IndSoft Systems in 1998, and Khekade, an IT graduate from Sardar Patel College of Engineering in India, have founded various startups, including the private jet service company Airnetz.

Tokenization and Use Cases

XDC Network enables the digital representation of assets like properties, commodities, and securities, enhancing liquidity and accessibility. Here are some key enterprise solutions it supports:

  • Trade Finance: Facilitates secure, efficient global trade financing.
  • Supply Chain Management: Streamlines operations, reducing costs and improving transparency.
  • Asset Tokenization: Allows fractional ownership and trading of real-world assets.
  • Cross-border Payments: Offers fast, low-cost solutions, reducing dependency on intermediaries.
  • Identity Verification: Provides a secure platform for verifying identities, reducing fraud risks.

XDC Network: Working Process

The XDC Network is a robust blockchain platform designed for enterprise applications in trade finance and asset tokenization. It operates on the XinFin Delegated Proof of Stake (XDPoS) consensus mechanism, which includes a minor Proof of Work (PoW) element when validators propose new blocks, ensuring minimal energy consumption and high resistance to spam.

XDC Network Architecture

XDC’s XDPoS mechanism incorporates real-time voting to elect a group of validators who are charged with:

  • Maintaining the integrity of the XDC Network.
  • Converting transactions into validated blocks.
  • Continuously synchronizing their nodes with the network.

Reward Mechanism

During each 900-block cycle, known as an epoch, a checkpoint block is created for reward distribution. This block, known as the block signer, records all block signatures. Block signers tally signatures submitted to the smart contract during the epoch, and rewards are distributed based on the number of signatures linked to each Masternode.

Block creators are selected in a circular, sequential order, giving each Masternode holder an equal chance to create and sign blocks. If a Masternode fails to produce a block, a 10-second delay is imposed before the next Masternode in the sequence proceeds.

Rewards are divided among coin-holders and Masternodes as follows:

  • Infrastructure Reward (40%): Directly allocated to the Masternode.
  • Staking Reward (50%): Distributed among voters for a particular Masternode, based on their token stake.
  • Foundation Reward (10%): Sent to a special account controlled by the Masternode foundation, initially managed by the founding company of the XinFin Network.

ISO20022 Standard

XDC adheres to the ISO20022 financial messaging standard, enhancing compatibility between its blockchain and existing financial systems. This facilitates a smooth transition for businesses and governments to a more decentralized network that leverages XDC’s smart contract capabilities.

Developers can easily adapt their Ethereum smart contracts for the XDC Chain with minimal modifications due to its Ethereum Virtual Machine (EVM) compatibility.

Versatility and Applications

XDC supports various blockchain configurations, including public, private, and consortium chains, and is suitable for a wide range of applications, such as peer-to-peer trading, blockchain-powered insurance, digital asset-linked identity verification, comprehensive land registry management, and more.

EVM Compatibility and Low Gas Fees

The network excels in offering near-zero gas fees, ideal for cost-sensitive enterprise applications, with a rapid 2-second block finality for transaction settlements. Its EVM compatibility facilitates easy migration of tokens and projects like ERC-20 and ERC-721.

XDC Price Prediction: Price History

Let’s explore some key moments in the price history of XDC. It’s important to remember that past performance is not a reliable indicator of future outcomes, but it can provide valuable context for making or interpreting predictions about XDC prices.

XDC entered the public market in April 2018, initially priced at approximately $0.003. It quickly surpassed the $0.01 mark, then fluctuated below that level for the next two years.

The scenario shifted in early 2021 when a bullish trend in the crypto market propelled XDC to a high of $0.1316 on April 15. The price later declined, but a market rebound in August led XDC to its highest value ever at $0.1939 on August 21. By the end of the year, the price had fallen to $0.09808.

2022 proved challenging for the cryptocurrency sector, with XDC mirroring the trend by losing value throughout the year. Following several market downturns, XDC closed the year at $0.02538, marking a nearly 75% decrease from the previous year-end.

2023 proved to be a relatively positive year for XDC. The cryptocurrency surpassed the $0.04 mark in March and, despite a drop to $0.03025 by May 28, it subsequently rebounded.

Significantly, XDC escalated from $0.032 on July 16 to $0.05868 on July 22, marking its highest value in over a year. The momentum continued, and by August 4, XDC hit $0.09154, its peak since January 2022.

However, the currency experienced a downturn mid-August following a substantial sell-off of Bitcoin by Elon Musk’s SpaceX, with XDC falling to $0.05502 on August 17.

Positive news surrounding USTY gave XDC a boost to $0.06659 by August 30, although it dipped back to approximately $0.056 by September 1. XDC closed the year at $0.05455 and continued to decline in early 2024, dropping to $0.04127 by February 29. Over the next few weeks, XDC price continued to decline and touched the low of $0.036 in the last week.

XDC Price Prediction: Technical Analysis

XDC price failed to hold its price around the consolidated range of $0.04, resulting in a surge in selling pressure. XDC price dropped below the immediate Fib levels, aiming for a retest of $0.038 level. 

A sharp downturn from the $0.038 mark would indicate intense bearish pressure, potentially prolonging the XDC/USDT pair’s consolidation between $0.038 and $0.036 for several days.

Conversely, breaching the $0.04 barrier would signal a potential end to the correction. This could stimulate bullish momentum, prompting the pair to target a rally towards $0.043. Conversely, a breach below $0.036 might initiate a fresh downtrend towards $0.03.

XDC Price Prediction By Blockchain Reporter

MonthMinimum ($)Average ($)Maximum ($)
20240.05030.05180.0581
20250.07420.07680.0882
20260.11290.1160.1292
20270.16390.16850.1961
20280.23340.24020.2813
20290.34970.35930.4068
20300.50920.52720.5975
20310.73010.75120.8909
20321.061.11.26
20331.581.631.89

XDC Network Price Prediction 2024

Based on forecasts and technical analysis, the XDC Network price is projected to hit a minimum of $0.0503 in 2024. It could reach a maximum of $0.0581, with an average price of $0.0518. 

YearMinimum ($)Average ($)Maximum ($)
January$0.0480$0.0495$0.0558
February$0.0482$0.0497$0.0560
March$0.0484$0.0499$0.0562
April$0.0486$0.0501$0.0564
May$0.0488$0.0503$0.0566
June$0.0490$0.0505$0.0568
July$0.0493$0.0508$0.0571
August$0.0495$0.0510$0.0573
September$0.0497$0.0512$0.0575
October$0.0499$0.0514$0.0577
November$0.0501$0.0516$0.0579
December$0.0503$0.0518$0.0581

XDC Network Price Prediction 2025

From our in-depth technical analysis of XDC’s past price data, the XDC Network is expected to reach a minimum price of $0.0742 in 2025. The maximum price could be $0.0882, with an average of $0.0768. 

MonthMinimum ($)Average ($)Maximum ($)
January$0.0720$0.0746$0.0860
February$0.0722$0.0748$0.0862
March$0.0724$0.0750$0.0864
April$0.0726$0.0752$0.0866
May$0.0728$0.0754$0.0868
June$0.0730$0.0756$0.0870
July$0.0732$0.0758$0.0872
August$0.0734$0.0760$0.0874
September$0.0736$0.0762$0.0876
October$0.0738$0.0764$0.0878
November$0.0740$0.0766$0.0880
December$0.0742$0.0768$0.0882

XDC Price Forecast for 2026

Continuing our analysis, the XDC Network is forecasted to achieve a minimum price of $0.1129 in 2026. The price may climb to a maximum of $0.1292, averaging at $0.1160 throughout the year. 

MonthMinimum ($)Average ($)Maximum ($)
January$0.1100$0.1131$0.1263
February$0.1103$0.1134$0.1266
March$0.1105$0.1136$0.1268
April$0.1108$0.1139$0.1271
May$0.1111$0.1142$0.1274
June$0.1113$0.1144$0.1276
July$0.1116$0.1147$0.1279
August$0.1118$0.1149$0.1281
September$0.1121$0.1152$0.1284
October$0.1124$0.1155$0.1287
November$0.1126$0.1157$0.1289
December$0.1129$0.1160$0.1292

XDC Network (XDC) Price Prediction 2027

In 2027, the XDC Network is anticipated to have a minimum price of $0.1639. The maximum price might reach $0.1961, with the average trading at about $0.1685. 

MonthMinimum ($)Average ($)Maximum ($)
January$0.1600$0.1646$0.1922
February$0.1604$0.1650$0.1926
March$0.1607$0.1653$0.1929
April$0.1611$0.1657$0.1933
May$0.1614$0.1660$0.1936
June$0.1618$0.1664$0.1940
July$0.1621$0.1667$0.1943
August$0.1625$0.1671$0.1947
September$0.1628$0.1674$0.1950
October$0.1632$0.1678$0.1954
November$0.1635$0.1681$0.1957
December$0.1639$0.1685$0.1961

XDC Network Price Prediction 2028

The XDC Network is expected to have a minimum price of $0.2334 in 2028. It could reach a high of $0.2813, with the average price likely being $0.2402. 

MonthMinimum ($)Average ($)Maximum ($)
January$0.2300$0.2368$0.2779
February$0.2303$0.2371$0.2782
March$0.2306$0.2374$0.2785
April$0.2309$0.2377$0.2788
May$0.2312$0.2380$0.2791
June$0.2315$0.2383$0.2794
July$0.2319$0.2387$0.2798
August$0.2322$0.2390$0.2801
September$0.2325$0.2393$0.2804
October$0.2328$0.2396$0.2807
November$0.2331$0.2399$0.2810
December$0.2334$0.2402$0.2813

XDC Network Price Prediction 2029

For 2029, the XDC Network is forecasted to have a minimum price of $0.3497. The price might peak at $0.4068, with an average of $0.3593. 

MonthMinimum ($)Average ($)Maximum ($)
January$0.3450$0.3546$0.4021
February$0.3454$0.3550$0.4025
March$0.3459$0.3555$0.4030
April$0.3463$0.3559$0.4034
May$0.3467$0.3563$0.4038
June$0.3471$0.3567$0.4042
July$0.3476$0.3572$0.4047
August$0.3480$0.3576$0.4051
September$0.3484$0.3580$0.4055
October$0.3488$0.3584$0.4059
November$0.3493$0.3589$0.4064
December$0.3497$0.3593$0.4068

XDC Network (XDC) Price Prediction 2030

The forecast suggests that the XDC Network will reach a minimum of $0.5092 in 2030. It might achieve a maximum of $0.5975, with an average price of $0.5272. 

MonthMinimum ($)Average ($)Maximum ($)
January$0.5050$0.5228$0.5931
February$0.5054$0.5232$0.5935
March$0.5058$0.5236$0.5939
April$0.5061$0.5240$0.5943
May$0.5065$0.5244$0.5947
June$0.5069$0.5248$0.5951
July$0.5073$0.5252$0.5955
August$0.5077$0.5256$0.5959
September$0.5081$0.5260$0.5963
October$0.5084$0.5264$0.5967
November$0.5088$0.5268$0.5971
December$0.5092$0.5272$0.5975

XDC Network Price Forecast 2031

The XDC Network is expected to reach a minimum price of $0.7301 in 2031. The maximum price could be $0.8909, with an average of $0.7512. 

MonthMinimum ($)Average ($)Maximum ($)
January$0.7250$0.7461$0.8858
February$0.7274$0.7485$0.8882
March$0.7297$0.7508$0.8905
April$0.7321$0.7532$0.8929
May$0.7344$0.7555$0.8952
June$0.7368$0.7579$0.8976
July$0.7391$0.7602$0.8999
August$0.7415$0.7626$0.9023
September$0.7438$0.7649$0.9046
October$0.7462$0.7673$0.9070
November$0.7485$0.7696$0.9093
December$0.7509$0.7720$0.9117

XDC Network (XDC) Price Prediction 2032

In 2032, the XDC Network is predicted to reach a minimum value of $1.06. The maximum price could hit $1.26, with the average price around $1.10. 

MonthMinimum ($)Average ($)Maximum ($)
January$1.055$1.075$1.215
February$1.058$1.078$1.218
March$1.061$1.081$1.221
April$1.064$1.084$1.224
May$1.067$1.087$1.227
June$1.070$1.090$1.230
July$1.073$1.093$1.233
August$1.076$1.096$1.236
September$1.079$1.099$1.239
October$1.082$1.102$1.242
November$1.085$1.105$1.245
December$1.088$1.108$1.248

XDC Network Price Prediction 2033

According to the latest forecasts and technical analysis, the XDC Network is expected to reach a minimum price of $1.58 in 2033. The maximum could be $1.89, with an average trading price of $1.63. 

YearMinimum ($)Average ($)Maximum ($)
January$1.575$1.605$1.805
February$1.578$1.608$1.808
March$1.581$1.611$1.811
April$1.584$1.614$1.814
May$1.587$1.617$1.817
June$1.590$1.620$1.820
July$1.593$1.623$1.823
August$1.596$1.626$1.826
September$1.599$1.629$1.829
October$1.602$1.632$1.832
November$1.605$1.635$1.835
December$1.608$1.638$1.838

XDC Price Prediction: By Experts

According to the latest XinFin Network price prediction from Coincodex, the price of XinFin Network is expected to increase by 36.50% and reach $0.054735 by May 25, 2024. Coincodex’s technical indicators suggest that the current market sentiment is bearish, while the Fear & Greed Index indicates a score of 72 (Greed).

Over the past 30 days, XinFin Network has experienced 16 out of 30 green days, demonstrating a price volatility of 9.64%. Based on these forecasts, it is currently considered a poor time to purchase XinFin Network. Furthermore, considering the historical price movements of XinFin Network and the BTC halving cycles, the lowest projected price for XinFin Network in 2025 is $0.037363. However, next year, the price could surge to as high as $0.249425.

According to market forecasts by Digital Coin Price, XDC is expected to begin 2026 with a value of $0.12 and trade around $0.14, which would be a considerable increase compared to the previous year. This represents a significant and acceptable rise in the price of XDC Network. Further predictions and technical analysis by Digital Coin Price suggest that by the start of 2030, the XDC Network could be priced at $0.28, with the cost maintaining at $0.28 by the end of that year. Additionally, the price of XDC might peak at $0.27. The period from 2024 to 2030 is anticipated to be crucial for the growth of the XDC Network.

Is XDC A Good Investment? When To Buy?

The XDC Network utilizes its XDPoS consensus mechanism to address several key challenges commonly found in public blockchain networks. Firstly, it significantly reduces energy consumption; compared to the PoW mining used by Bitcoin and Ethereum, XDC’s XDPoS mechanism cuts down energy usage by a factor of ten. Additionally, the XDPoS consensus allows the XDC Network to achieve near-zero gas fees, which makes micro-transactions economically feasible.

Another advantage of XDPoS is its ability to improve scalability, as it greatly increases the number of transactions per second (TPS) that can be processed. Furthermore, the XDPoS consensus introduces an independent KYC-based node, which mitigates the risks associated with anonymous network participants, enhancing network security and compliance.

As a result, XDC has a solid roadmap and several analysts see this coin as a profitable investment option in the long term. It is advised to invest in XDC at a price of $0.035 for a profitable return in the long term. 

XDC Token Standards 

The XDC community prioritizes interoperability, incorporating specific token standards for the facilitation of smart contracts and decentralized applications (dApps) on the XDC Network. Here are the key token standards in use:

  • XRC20: This standard governs fungible tokens within the XDC Network, making it the principal format for token implementations in smart contracts. XRC20 tokens, which represent a range of digital assets, are universally recognized and accepted by wallets and exchanges.
  • XRC721: Dedicated to Non-Fungible Tokens (NFTs), XRC721 establishes a framework for creating NFTs on the XDC Network. It provides foundational guidelines for smart contracts to ensure accurate ownership, management, and trading of unique digital items.
  • XRC1155: Combining elements of XRC20 and XRC721, the XRC1155 standard supports the creation of various types of tokens under a single contract. This flexible approach allows a single smart contract to manage an unlimited number of tokens, enhancing versatility and efficiency within the XDC Network.

XDC Network Improvement Proposal (XIP) And Security 

XIPs (XinFin Improvement Proposals) are fundamental to the XDC Community, facilitating the introduction of new features, soliciting technical feedback, and chronicling design decisions within the network. Drawing inspiration from Ethereum Improvement Proposals (EIPs) and Bitcoin Improvement Proposals (BIPs), XIPs empower developers to contribute to the evolution of network standards.

XIPs encompass core protocol specifications, client APIs, and contract standards, offering a structured approach to enhancements on the XDC platform. Although anyone can propose an XIP, editors enforce rigorous technical standards to ensure clarity and proper structure. The process begins with the submission of ideas on the developer forum, where they are initially discussed by the community. Following this, the proposals are documented on GitHub for further examination and input from all stakeholders. This inclusive and collaborative approach promotes extensive discussion and active participation from the community. 

The XinFin Delegated Proof of Stake (XDPoS) consensus mechanism ensures the XDC Network operates with low energy consumption and resistance to spam. The upgraded XDC 2.0, based on an enhanced Byzantine Fault Tolerance protocol, prevents blockchain forking if less than one-third of Masternodes are hostile. This update will also reduce block times and finalize transactions within six seconds of being included in a block.

Conclusion

Tokenizing real-world assets (RWA) involves a process that connects physical and digital assets, improving liquidity and operational efficiency. The XDC Network is at the forefront of this area, adopting new technologies and promoting a supportive environment for the advancement and effectiveness of digital finance. By incorporating RWAs, XDC is working to make traditional finance more accessible and streamlined using blockchain technology.

As an emerging leader in the blockchain sector, the XDC Network places a strong emphasis on innovation and partnership. This approach makes it a key player in connecting tangible and digital assets, pushing the boundaries of economic inclusion and growth. It is advised to do your own research before investing in the volatile crypto market. 

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