XDC, or XinFin Network, is a hybrid DPoS and PoA blockchain that is aimed to improve scalability, energy efficiency, and interoperability. Its native token, XDC, has seen significant price fluctuations since its release but has had an uptrend in the past month. The XDC coin price prediction data shows it has the potential to grow in the long term, so let’s learn about this project and price predictions in detail.
What Is XinFin (XDC Network)?
XDC, or XinFin Network, is an open-source enterprise-ready hybrid blockchain that strives to revolutionize global trade and finance.
The network is based on a Delegated Proof-of-Stake (XDPoS) consensus that verifies transactions before setting them into blocks and allows users to host a private network, run smart contracts, explore wallets, and leverage cross-chain interoperability.
The XDC (XinFin) Network is fuelled by the native coin XDC, which creates an opportunity to utilize XinFin’s real-world use cases. The token’s price has experienced significant fluctuations but has had an uptrend in recent months.
XDC Price History and Tokenomics
XDC token was released on Apr 15, 2018, with a price of $0.0035 for each XDC coin. Almost a year after its launch, On Jul 22, 2019, the token fell to its lowest price at $0.00039532 and performed poorly until May 2020.
On Apr 17, 2021, its price rose sharply to $0.11, and then on Aug 21, 2021, the XDC token spiked to reach an All-Time High of $0.19. Since the end of Aug 2021, XDC’s price started to fall significantly.
Today, on Sep 17, 2024, each XDC token is traded at $0.02813954, with a total volume of $4,204,347, a 24-hour trading volume of $4,200,747, a circulating supply of 14,924,830,862 XDC coins and a total supply of 37,943,059,435 Billion.
XDC holds the position of the #144th largest cryptocurrency by market cap. If we compare the current market cap of the XDC with almost two years ago, you can see that the market cap rank dropped from #93 to #144, indicating that XDC has not been a profitable investment in the recent year.
XDC Token Return On Investment (ROI)
Within the last year, XDC recorded a %47.14 price decrease in its value, meaning that your $100 investment in XDC Coin a year ago would result in losing about $47, leaving you with only $53.
XDC Token Utility
XDC tokens serve several key functions within the XinFin ecosystem, making them essential for network operations:
- Transaction Fees: XDC tokens are used to pay for transaction fees on the network. XinFin offers near-zero transaction costs, making XDC an efficient token for cross-border payments and remittances.
- Staking and Consensus Mechanism: XDC operates on a Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) consensus mechanism, where users can stake XDC tokens to participate in validating transactions. Validators and delegators earn rewards in XDC for securing the network.
- Smart Contracts: XDC is used to execute and settle smart contracts deployed on the XinFin blockchain.
- Governance: XDC holders can participate in the governance of the network, influencing decisions like protocol upgrades and staking policies.
- Collateral and Liquidity: XDC can be used as collateral in various decentralized finance (DeFi) applications on the XinFin network and is integral to liquidity pools.
XDC employs a staking mechanism where users can lock their tokens to earn rewards. Validators are selected through a delegated system, and they are responsible for verifying and validating transactions on the network.
In return for their contribution, stakers earn a percentage of transaction fees and new XDC tokens as block rewards.
Token utility is an important factor in deciding the performance of a cryptocurrency. However, there are other fundamental factors that need to be analyzed.
XinFin (XDC Network) Token Fundamental Analysis
XinFin Network (XDC) is a hybrid blockchain platform designed to improve efficiency in trade finance, cross-border payments, and decentralized finance (DeFi) by combining public and private blockchain features.
The network’s native token, XDC, plays a vital role in maintaining its operations and has gained attention for its real-world use cases in the enterprise sector.
Currently, approximately 13-15 billion XDC tokens are in circulation. The remaining tokens are either locked, reserved, or yet to be minted.
This structure allows the XDC Network to control inflation and maintain a balance between token release and demand, ensuring a sustainable growth rate.
Here is a fundamental analysis of the XDC token based on its technology, utility, market position, and growth potential.
Hybrid Blockchain Technology
The XinFin Network is based on a hybrid blockchain model, combining the best public and private blockchains. This allows enterprises to take advantage of:
- A public blockchain for transparency and security
- Private blockchain for privacy, scalability, and control
The Benefits of Hybrid Blockchain
- Scalability: The network can handle 2,000+ transactions per second (TPS), making it more scalable than many existing blockchains, including Ethereum.
- Energy Efficiency: Unlike Proof-of-Work (PoW) blockchains like Bitcoin, XinFin uses Delegated Proof of Stake (DPoS) and Proof of Authority (PoA), which are more energy-efficient and eco-friendly.
- Interoperability: XinFin is compatible with existing blockchains, enabling it to bridge different ecosystems and enhance its use cases in DeFi and cross-border transactions.
Unique Feature – Near-Zero Fees
One of XinFin’s competitive advantages is its near-zero transaction fees compared to high-fee blockchains like Ethereum, which makes XDC attractive for cross-border payments and trade finance applications.
Real-World Use Cases
XinFin distinguishes itself by targeting real-world enterprise applications in sectors like trade finance and payments, addressing inefficiencies in global transactions.
- Enterprise Adoption in Trade Finance:
XinFin developed TradeFinex, a decentralized platform for trade finance that enables businesses to access funding more efficiently. It aims to solve the $1.5 trillion trade finance gap by providing blockchain-based solutions for small and medium-sized enterprises (SMEs).
- Partnerships
XinFin has formed partnerships with major financial institutions, governments, and international organizations to integrate blockchain solutions into existing trade systems.
- Cross-Border Payments:
XinFin’s fast, cost-effective, and secure platform is well-suited for cross-border payments, helping institutions reduce transaction times and costs compared to traditional banking systems.
So, to be able to make informed investment decisions, you need to take a look at XDC coin price prediction data. Although price predictions are not 100% trustable, they can add to our knowledge about a token’s future performance.
However, remember to do your own research (DYOR) before making any investment decisions.
XDC Price Prediction 2024
The XDC Coin price fluctuations are hard to predict, but the crypto experts claim that the minimum price of XDC Network will have been almost $0.069 by the end of 2024.
The maximum price predicted for XDC in 2024 revolves around $0.085. The XDC Network’s average price is forecasted to reach $0.072 by the end of 2024.
XDC Price Prediction 2025
XDC coin price prediction data indicates the minimum and maximum prices of each XDC token can reach $0.005 and $0.006, respectively. Its average trading price is expected to reach $0.12 in 2025.
XDC Coin Price Prediction 2026
The price action analyses and studies on financial charts indicate that in 2026, with more adoption and partnerships between other important blockchain networks, the price of XDC Network would increase.
Its maximum trading price is expected to reach $0.17, with an average price of $0.14 throughout 2026.
XDC Coin Price Prediction 2027
Experts analyzing the XDC coin price prediction forecast that by 2027, the XDC Coin can be worth a maximum of $0.24 and a minimum price of $0.20 if the market gets bullish.
XDC Coin Price Prediction 2028
According to the current performance of the market and the XDC Network, the price of each XDC Coin is expected to cross $0.34 in 2028. Given that it is expected to be held by long-term investors, XDC Coins’ average price will revolve around $0.30 in 2028.
XDC Coin Price Prediction 2029
XDC Network has considerable potential, and if it moves toward beneficial collaborations and innovations, it may attract more users.
If the number of users grows, more adoption will result, which directly affects the XDC Coin price. So, XDC coin price prediction shows that by 2029, it can hit a maximum price of $0.50. XDC can end the year 2029 with an average trading price of $0.46 and a minimum price of $0.45.
XDC Price Prediction 2030
Crypto experts forecast that 2030 can be a good year for XDC, as its price may reach an average of $0.67. Its minimum and maximum values are expected to reach $0.64 and $0.79, respectively.
Will XDC Hit $100?
The All-Time High for XDC happened on Aug 21, 2021, when each XDC token was traded at $ 0.19. Following XDC’s recent updates, the answer to this question is no, and it’s pretty much impossible for XDC to hit $100 before 2030.
However, as they say, “impossible is possible”, but only in the far future and if a bull market happens, and prices skyrocket.
Should I Invest In XDC?
As the financial charts and XDC Coin price prediction data indicates, the future can be bright for XinFin Network, and its long-term holders can benefit the most. Of course, this network needs to develop more valuable innovations and release roadmaps.
The lack of a clear roadmap for 2022 and beyond, an ROI of -47%, and the current liquidity score of 38% signifies that XDC can’t be considered a profitable short-term investment. But things may change in the long run.
FAQ
Below, you can find answers to the most frequently asked questions about XDC.
Does XDC Have a Future?
Like other cryptocurrencies, XDC has some difficulties, and its price is affected by various factors. XDC’s price has increased 6.64% in the last month, but it has had a general downtrend in the past year. However, it has the potential to grow in the long run.
What Is XDC All-Time High?
In the crypto market, All-Time High (ATH) refers to when a digital asset touches its highest price.
About three years ago, on Aug 21, 2021, XDC saw massive growth in its value and spiked to its highest price of $0.19 for each XDC token.
What Will XDC Be Used for?
XDC is the native token within the XDC Network and is used as:
- A settlement for dApps built on the XDC Network.
- A vehicle for value exchange, XDC is designed to support micropayments and near-instant settlements.
- A means to pay transaction costs (gas fee) for on-chain transactions.
- A means of deploying smart contracts and settling for smart contract event triggers.
- Collateral for tokenized instruments and stablecoins on the XDC Network.
Is XDC and XRP the Same?
No, the XRP token doesn’t relate to the XDC Network and is used to represent the transfer of value across the Ripple Network.
What Is XDC Worth in 2025?
According to the latest data and analyses, XDC Network’s price for 2025 is expected to range between $0.11 to $0.14. Its average price is forecasted to be around $0.12.
What Can XDC Reach in 2028?
Crypto experts assume that by the end of 2028, each XDC token will be trading at a minimum level of $0.32 and a maximum level of $0.38, with an average price of $0.33.
Is XDC a Stablecoin?
No, XDC isn’t a stablecoin. It’s an underlying asset in the XDC Network, and the network supports stablecoin operations and supports users to create and deploy a stablecoin via the XDC Network.
Is XDC Built on Ethereum?
No, XDC is a utility token of the XDC Network and is not built on the Ethereum blockchain. However, the XDC Network also benefits from another token called XDCE, which is an ERC-20 token hosted on a decentralized Ethereum ecosystem.
Who Owns XDC?
XinFin is the organisation that is developing and supporting the XDC Network. XinFin is a non-profit organisation aiming to liaise with governments to decrease the gap in the world’s financial infrastructure.
