Table of Contents
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XDC: An Overview
Tokenization and Use Cases
How XDC Network Works
XDC Network Architecture
Reward System
ISO20022 Standard
Versatility and Applications
EVM Compatibility and Low Gas Fees
XDC Price Prediction: Price History
XDC Price Prediction: Technical Analysis
XDC Price Prediction By Blockchain Reporter
XDC Network Price Prediction 2024
XDC Network Price Prediction 2025
XDC Price Forecast for 2026
XDC Network (XDC) Price Prediction 2027
XDC Network Price Prediction 2028
XDC Network Price Prediction 2029
XDC Network (XDC) Price Prediction 2030
XDC Network Price Forecast 2031
XDC Network (XDC) Price Prediction 2032
XDC Network Price Prediction 2033
XDC Price Prediction: By Experts
Is XDC A Good Investment? When To Buy?
XDC Token Standards
XDC Network Improvement Proposal (XIP) And Security
Conclusion
The tokenization of Real-World Assets (RWA) in the crypto market has revolutionized the way digital assets are utilized. BlackRock’s adoption of RWAs has paved the way for broader integration of blockchain technology in finance. The XDC Network, formerly known as XinFin Network, has been at the forefront of addressing real-world challenges with innovative blockchain solutions since its establishment in 2019. With a focus on financial interoperability, liquidity, and efficiency, the XDC Network has become a leading force in RWA tokenization. Through decentralized applications, the network facilitates RWA transactions and has partnered with DaoFin to enhance decentralized governance. DaoFin is an open-source smart contract standard designed for DAOs operating on the XDC Network, aiming to democratize decision-making and increase transparency. In this article, we will explore the XDC price prediction through technical analysis to understand its market sentiment and future potential.
XDC: An Overview
The XDC Network is a blockchain platform that branched off from Ethereum. It aims to overcome the issues of slow transaction speeds and high costs associated with the original Ethereum chain. By utilizing a delegated proof-of-stake (PoS) consensus mechanism, the XDC Network can efficiently process over 2,000 transactions per second with minimal gas fees. Its interoperable smart contracts, high throughput, and compatibility with the Ethereum Virtual Machine make it suitable for both enterprises and individual contributors.
Tokenization and Use Cases
The XDC Network enables the digital representation of real-world assets such as properties, commodities, and securities, enhancing liquidity and accessibility. It supports various enterprise solutions, including trade finance, supply chain management, asset tokenization, cross-border payments, and identity verification.
How XDC Network Works
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 combines proof of work (PoW) and real-time voting. Validators are elected to maintain the integrity of the network, convert transactions into validated blocks, and synchronize their nodes with the network.
XDC Network Architecture
The XDC Network’s XDPoS mechanism incorporates real-time voting to elect validators responsible for maintaining the network’s integrity. The architecture ensures minimal energy consumption and high resistance to spam.
Reward System
The XDC Network implements a reward mechanism through a 900-block cycle called an epoch. Rewards are distributed based on the number of signatures linked to each Masternode, with infrastructure rewards, staking rewards, and foundation rewards allocated among coin-holders and Masternodes.
ISO20022 Standard
The XDC Network 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 decentralized network leveraging XDC’s smart contract capabilities.
Versatility and Applications
The XDC Network supports various blockchain configurations and is suitable for applications such as peer-to-peer trading, blockchain-powered insurance, digital asset-linked identity verification, and land registry management.
EVM Compatibility and Low Gas Fees
The XDC Network offers near-zero gas fees, making it ideal for cost-sensitive enterprise applications. Its compatibility with the Ethereum Virtual Machine enables easy migration of tokens and projects.
XDC Price Prediction: Price History
The price history of XDC provides valuable context for making predictions about its future prices. XDC entered the public market in April 2018, initially priced at around $0.003. It experienced fluctuations but reached its highest value of $0.1939 in August 2021. However, in 2022, XDC lost value and closed the year at $0.02538.
XDC Price Prediction: Technical Analysis
Based on technical analysis, the XDC price is projected to range between $0.038 and $0.04. Breaking above $0.04 could signal the end of a correction and lead to a potential rally towards $0.043. On the other hand, a breach below $0.036 might initiate a fresh downtrend towards $0.03.
XDC Price Prediction By Blockchain Reporter
According to Blockchain Reporter, the XDC price is predicted to range from $0.0503 to $0.0581 in 2024. In 2025, the price is expected to range from $0.0742 to $0.0882. The forecast for 2026 estimates a price range of $0.1129 to $0.1292. These predictions indicate potential growth for XDC in the coming years.
XDC Network Price Prediction 2024
In 2024, the XDC Network price is projected to range from $0.0503 to $0.0581, with an average price of $0.0518.
XDC Network Price Prediction 2025
In 2025, the XDC Network price is expected to range from $0.0742 to $0.0882, with an average price of $0.0768.
XDC Price Forecast for 2026
In 2026, the XDC Network price is forecasted to range from $0.1129 to $0.1292, with an average price of $0.1160.
XDC Network (XDC) Price Prediction 2027
The XDC Network is predicted to have a price range of $0.1639 to $0.1961 in 2027, with an average price of $0.1685.
XDC Network Price Prediction 2028
In 2028, the XDC Network price is expected to range from $0.2334 to $0.2813, with an average price of $0.2402.
XDC Network Price Prediction 2029
The XDC Network is forecasted to have a price range of $0.3497 to $0.4068 in 2029, with an average price of $0.3593.
XDC Network (XDC) Price Prediction 2030
In 2030, the XDC Network price is projected to range from $0.5092 to $0.5975, with an average price of $0.5272.
XDC Network Price Forecast 2031
The XDC Network price is expected to range from $0.7301 to $0.8909 in 2031, with an average price of $0.7512.
XDC Network (XDC) Price Prediction 2032
In 2032, the XDC Network is predicted to have a price range of $1.06 to $1.26, with an average price of $1.10.
XDC Network Price Prediction 2033
The XDC Network is expected to have a price range of $1.58 to $1.89 in 2033, with an average price of $1.63.
XDC Price Prediction: By Experts
According to Coincodex, the XDC Network price is expected to reach $0.054735 by May 25, 2024, indicating a potential increase of 36.50%. Digital Coin Price predicts a rise in the XDC price from $0.12 at the start of 2026 to $0.14 by the end of that year. These predictions suggest a positive outlook for XDC in the long term.
Is XDC A Good Investment? When To Buy?
With its innovative features and focus on energy efficiency, scalability, and low gas fees, XDC has potential as a long-term investment. It is advised to do thorough research and consider market conditions before investing in XDC. Based on current predictions, it may be a good time to buy XDC at a price of $0.035 for long-term profitability.
XDC Token Standards
The XDC Network supports token standards such as XRC20, XRC721, and XRC1155. XRC20 governs fungible tokens, XRC721 establishes guidelines for non-fungible tokens, and XRC1155 supports various token types under a single contract.
XDC Network Improvement Proposal (XIP) And Security
XIPs are fundamental to the XDC Community, enabling the introduction of new features and soliciting technical feedback. XIPs follow a structured approach and involve collaboration from the community to enhance the XDC platform. The XDC Network ensures security through its XDPoS consensus mechanism and upgraded protocol.
Conclusion
The XDC Network has emerged as a leading blockchain platform for real-world asset tokenization. Its focus on innovation, interoperability, and partnership makes it a key player in connecting traditional finance with blockchain technology. While the XDC price prediction indicates potential growth, it is important to conduct thorough research and consider market conditions before investing in XDC.