XDC Network Reaches Four-Year Price High with $33.3 Million TVL

2 min

XDC Network has reached its highest price in over four years, hitting a daily high of $0.13176, up 22.61% in the last 24 hours. The altcoin surged 37.78% in the past week and 61.03% over the last 30 days.

  • XDC's current market cap is $1.89 billion, trading at $0.1272.
  • Trading volume increased by 111.55% in one day.
  • The total value locked (TVL) on XDC reached an all-time high of $33.3 million with $10.39 million inflows recently.
  • The stablecoin market cap on the blockchain is $2.9 million.
  • XDC currently ranks 61 among cryptocurrencies by market cap and is expected to enter the top 50.

Future Projections

Analyst Zac Spruill suggests that XDC could experience a rally similar to XRP's performance in 2019, driven by growing interest in Real-World Assets (RWA). He anticipates that 2025 will mark a crypto "supercycle," benefiting protocols with significant utility like XDC.

Price Analysis

XDC's uptrend began last year, rising from around $0.03 in November. The Relative Strength Index (RSI) stands at 75.96, indicating overbought conditions, while the MACD shows bullish signals with increasing buying pressure.

XDC Price Chart

Original publication

Authors credited by the source: staff writer

Published by Holder based on an external source.