XDC Network (XDC) has surged to its highest price since June 2022, driven by explosive growth in its DeFi ecosystem. The token's impressive rally has boosted its market cap to over $1.7 billion.

DeFi Growth Fuels Rally

XDC’s Total Value Locked (TVL) soars to $31.4 million.
The network’s TVL skyrocketed from $3 million to $31.4 million in just a year. Key contributors to this growth include Fathom, XSwap Protocol, Wefi, and Prime Staking, solidifying XDC’s position in the DeFi space.

Superior Network Capabilities

Scalable, cost-efficient, and eco-friendly.
XDC Network boasts up to 2,000 transactions per second with near-zero fees ($0.00001 per transaction). Its energy-efficient design offers developers an attractive alternative to Ethereum, drawing in projects like PillarX and Globiance.

Technical Breakout Signals More Upside

Golden cross formation and momentum indicators support bullish trend.
XDC broke past key resistance at $0.1080, invalidating bearish patterns. The Awesome Oscillator shows sustained momentum, and the MVRV-Z score of 2.6 suggests the token remains undervalued. The next target is $0.1500, with $0.10 as critical support.

Potential Exchange Listings Could Amplify Gains

Binance, OKX, and Coinbase listings could drive demand.
Speculation around new exchange listings could fuel further price increases, expanding XDC’s accessibility to global investors.

XDC Network