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XDC

XDC Network (XDC) Price Index

$ 0.046215 Ƀ 0.00000068
  • MarketCap
    $ 642,459,865
  • Volume
    $ 46,984,990
  • Change
    3.79%
xdce-crowd-saleXDC Network
$ 0.046215
$ 0.046215
3.79%
0,042614
XDC
XDC Network (XDC)
$ 0.046215
XDC
XDC Network (XDC)

Overview: What is XDC Network (XDC)

The XDC Network (XDC) coin is a standout blockchain project designed to connect traditional finance and decentralized technologies. It is particularly noteworthy for its innovative enterprise-grade blockchain service solutions. The XDC Network is a hybrid blockchain platform aimed at supporting global trade and finance. Taking the best of both worlds, it combines the transparency and security of public blockchains with the speed and scalability of private networks. Its hybrid nature makes it suitable for a wide variety of enterprise applications, from supply chain management to international trade finance.

 

What Makes the XDC Network Coin Unique?

The XDC Network’s uniqueness lies in its dual-layer architecture, which enables both public state and private sub-networks. This design guarantees privacy and compliance for businesses, while still allowing them to benefit from blockchain technology. In addition, its focus on trade finance and supply chain solutions positions it uniquely in the blockchain space.

 

What Is XDC Used For?

The XDC token serves several integral functions within the network:

Firstly, it is used to pay for transactions smart contract operations. It is also used for XDC staking, enabling token holders to participate in network consensus and earn rewards. Lastly, XDC can be used for cross-border payments, facilitating efficient and cost-effective international settlements.

 

How Does the XDC coin Network Work?

The XDC Network operates on a consensus protocol known as XinFin Delegated Proof of Stake (XDPoS), which ensures high transaction speeds and low fees. It also supports smart contracts and provides developers with tools to create decentralized applications (dApps), particularly in the realm of global trade and finance.

 

How Is the XDC Network Price Determined?

The price of XDC, like other cryptocurrencies, is governed by market supply and demand. Factors influencing this include the network’s adoption rate, any advancements in the platform technology, investor sentiment and market trends.

 

What Is the XDC Network Coin Price Prediction For 2030?

The high volatility of the crypto market makes predicting the price of any cryptocurrency over a long period challenging. However, if the XDC Network continues to expand its partnerships and use cases in the trade finance sector, it could see significant growth by 2030. Analyst predictions range from $0.21 to $3. Most analysts forecast an upward trajectory with projections averaging $1.2.

 

How Is the XDC  coin Network Secured?

The XDC Network employs the XDPoS consensus mechanism, which ensures security and stability. This mechanism guarantees rapid transactions and a high degree of scalability, as well as low energy consumption compared to traditional Proof of Work (PoW) networks. Regular updates and security audits further enhance network security.

 

Where Can You Buy XDC?

XDC can be bought on a variety of cryptocurrency exchanges, such as KuCoin, Bitfinex, and Liquid. XDC’s availability on exchanges may vary, and it’s critical to only use reputable platforms to guarantee the security of the transaction process.

 

How Can You Store XDC?

XDC tokens can be stored in several types of wallet including hardware wallets like Ledger or Trezor and software wallets such as Guarda or XDC’s official web wallet.

 

FAQs

Is XDC a good investment?

Investing in XDC, like any cryptocurrency, entails risk. While it is uniquely positioned in the realm of trade finance, which could offer substantial growth potential, investors should conduct due diligence and take market volatility into account before committing funds.

 

Who is behind the XDC coin?

The XDC Network was developed by XinFin, a Singapore-based company specializing in blockchain technology for international trade and finance.

 

Is XDC listed on Binance?

XDC is not listed on Binance. However, listings can and do change frequently, so it’s best to check for the freshest information on the Binance platform.

 

Is XDC better than XRP?

Comparing XDC to XRP (Ripple) depends on the specific use case and personal investment strategy you are considering. Both coins focus on payment solutions, but their technological approaches and market focuses are very different.

 

What blockchain does XDC use?

XDC operates on its own native blockchain, the XDC Network, which is a hybrid combining elements of both public and private networks.

 

How many XDC coins are there?

The total supply of XDC is capped at 37.88B, ensuring coin scarcity and potentially influencing its value.

 

Who are XDC’s competitors?

XDC competes with other blockchain platforms focusing on enterprise solutions and cross-border payments. This includes major players like Ripple (XRP) and Ethereum (ETH).

 

Why is XDC rising?

XDC’s price movements can be attributed to various factors, including market adoption, partnership expansion, platform advancements, and ovarching cryptocurrency market trends.

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