Over time, blockchain technology has changed in response to a variety of issues and the need for advancement. Blockchains come in different generations. There is the first, second, and third generation of blockchain technology.
XDC Network is the third generation of blockchain. This generation addresses problems related to scalability, speed, and interoperability in blockchain systems and also uses the Proof-of-Stake (PoS) consensus mechanisms.
What is the XDC Network (XDC), and what is the hype behind it? In this article, we will give details about the network, and its native coin and give a price prediction for XDC.
XDC Network (XDC) Fundamental Analysis
The XDC Network is a blockchain technology that XinFin built. XDC Network uses a Proof-of-Stake (PoS) consensus mechanism, enabling hybrid relay bridges, instant block finality, and interoperability. The XDC Network features interoperable smart contracts and more than 2,000 transactions per second.
The native token of XDC Network is XDC which was launched in 2018 by Ritesh Kakkad and Atul Khekade. Moreover, XDC supports digital smart contracts and, among other things, may take cross-border transactions and real-time settlements almost free of charge. Asset digitization and tokenization are also possible with XDC. Supply chain, finance, procurement, distribution, and settlement business activities can all benefit from the deployment of decentralized applications (DApps).
Features
- XDC Network was created to address some of the typical issues that early blockchain-based systems encountered. These issues included limited throughput, excessive fees, and a bad developer experience.
- The XinFin energy-efficient algorithm for the XDC Network employs delegated Proof-of-Stake (XDPoS).
- Contrary to many other systems, XinFin guarantees that its master node can function effectively on even entry-level consumer-grade computer hardware. This increases the decentralization potential of the XDC Network by making it more accessible.
How Does XDC Network Work?
The XDC network blockchain is EVM-compatible, employs the ISO20022 message standards, and leverages sharding to process transactions quickly.
EVM-compatible
The XDC Network supports EVM. This implies that programmers may create their apps on XDC using Ethereum tools. Programming languages, protocols, and frameworks used to create DApps on Ethereum are referred to as Ethereum tools. After all, the largest blockchain for creating DApps is Ethereum. As a result, the majority of blockchain programmers are able to create apps that adhere to Ethereum standards. Additionally, switching from Ethereum to the XDC Network is simple for them.
ISO20022
The fact that XDC Network (XDC) conforms with the ISO20022 message standard must be mentioned. Therefore, organizations, governments, or businesses may transfer their core systems to the XDC Network blockchain quickly and securely. As a result, the blockchain is compatible with other systems and is interoperable.
Sharding
Sharding is applied to the blockchain. Computer systems have been dividing data using this method for a long time. Data may be divided into smaller, less space-consuming chunks via partitioning. Computer systems may now run more swiftly, as a result, enabling users to complete transactions more quickly.
XDC Network (XDC) Price Analysis
The XDC Network was launched in 2018 and listed on CoinMarketCap. According to them, the coin was trading at around $0.0036 during that time.
The price slightly decreased daily until the end of 2018, and by the end of the year, XDC was trading at $0.00078. This price remained stable throughout all of 2019, and the average trading price that year was around $0.0005. The year 2020 started off on a good note for XDC. As such, the coin was trading between $0.005 and $0.008 throughout the year.
It wasn’t until 2021 that the XDC Network reached its all-time high of $0.19 and continued to be on a bullish run for a few days until it started decreasing again. Because of the market crash that happened earlier this year, 2022, the price of XDC also declined. Therefore, XDC is currently trading at $0.023.
Moreover, the XDC Network has a market cap of $293 million, a circulating supply of 12 billion XDC coins, and ranks #86 on crypto market rankings.
XDC Network Price Chart Source: CoinMarketCap
Crypto Academy XDC Network (XDC) Price Prediction
The XDC Network has a bullish price history. Based on that, we came up with the following price prediction for the next five years.
Crypto Academy XDC Network (XDC) Price Prediction 2023
The XDC Network is known for offering a better way to increase efficiency, eliminating third parties, and increasing network integrity. With its solid features, it can dominate in the DeFi market. Therefore, we predict the price of XDC to reach a maximum price of $0.071 by the end of 2023. If the market is not in its favor, the price of XDC could decrease by a minimum of $0.036 and an average price of $0.053.
Crypto Academy XDC Network (XDC) Price Prediction 2024
As we mentioned before, the XDC Network’s smart contracts enable over 2,000 payments per second which is EVM-backed. As such, we anticipate that XDC could thrive in the market if the community focuses on developing its potential. Therefore, the maximum price we predict for XDC is $0.11 by the end of 2024. The minimum and maximum prices might range between $0.060 and $0.088.
Crypto Academy XDC Network (XDC) Price Prediction 2025
At this point, we predict the price of XDC Network to increase further. If the market is on a bull run following Bitcoin’s halving in 2024, the price of XDC might reach a maximum price of $0.18 by the end of 2025. However, if there is a potential market crash, the price of XDC might reach a minimum price of $0.09 and an average price of $0.14.
Crypto Academy XDC Network (XDC) Price Prediction 2026
The current roadmap of XDC looks like it might take the price of XDC to another level. Since most of them were implemented successfully, and at this point, the price of XDC might increase further. Because of that, 2026 might be a great year for the XDC Network. By the end of 2026, we predict that XDC could reach a maximum price of $0.24, followed by a minimum price of $0.10 and an average price of $0.18.
Crypto Academy XDC Network (XDC) Price Prediction 2027
Until now, our prediction about XDC Network’s price has been bullish. There is no doubt that 2027 might be the same for the coin due to its roadmap implementations so far. We do not know what the roadmap will look like by 2027; however, compared to now, it is expected to have great plans for the future. Therefore, XDC might reach a maximum price of $0.43, followed by a minimum price and average price ranging between $0.24 and $0.36, with a potential market cap of over $4 billion.
XDC Network Market Price Prediction
PricePrediction.net
PricePrediction.net experts predict a bright future for the XDC Network coin. They expect the coin to end this year at a price of $0.033. As of 2025, the maximum price might be $0.11 according to them, followed by a minimum of $0.091 and an average of $0.094. Moreover, by the end of 2031, the price of XDC could reach $1.08, with a minimum and an average price of $0.89 and $0.92.
XDC Network (XDC) Price Prediction 2022-2031.Source: PricePrediction.net
Digital Coin Price
Digital Coin Price predicts a slow increase in the price of the XDC Network. They see the coin ending in 2022 at a price of $0.034. Moreover, by 2025 the price could reach $0.079, according to them, with a minimum and an average price of $0.068 and $0.074. As of 2031, this price can further increase and eventually reach a maximum price of $0.20 by the end of the year.
XDC Network (XDC) Price Prediction 2022-2031. Source: Digital Coin Price
BitBoy Crypto
BitBoy Crypto is a YouTube and crypto influencer that gives his insights into different coins. For the XDC Network, he was optimistic that the coin could increase in the future. He goes on to say that XDC has a strong community and social volume. He is certain that XDC could have a lot of potential in the future, according to the coin’s tokenomics. BitBoy does not give a specific price prediction in his video. However, he says that XDC is one of the coins he is betting on this year and in the upcoming years.
Crypto Empire
Crypto Empire is a YouTube channel that gives information and predictions about various cryptocurrencies. For XDC, the host predicts that it might eventually reach over $0.04 in the short run. As of long term, he expects XDC to reach $0.19 and even exceed it in the next bull run. According to him, XDC Network is a coin with great potential for the future because of being on the list of ISO 20022 cryptocurrencies.
How To Buy XDC Network?
The XDC Network is listed in a number of exchanges, such as KuCoin, Huobi, Bittrex, Bybit, and many more. In this article, we will show you how you can buy XDC in KuCoin in a few steps.
Step 1: Open An Account
The first step if you want to buy XDC is to open an account in an exchange that supports XDC, such as KuCoin. As in any other exchange, this is an easy step, as you only have to provide a username, an email address, and a strong password.
After you open the account, the next thing you need to do is to verify it by using a valid ID.
Step 2: Deposit Funds
The second step is to fund your account. Each exchange has similar methods for depositing money, and KuCoin has these options:
- Credit/Debit Card
- Bank Transfer
- P2P
- Third-Party
Choose the option that you prefer and enter the amount you want to deposit into your account.
Step 3: Buy XDC
After successfully completing the first two steps, the third and last step is to buy an XDC coin. This is a simple process as you only have to enter the amount of XDC you want to purchase and press BUY.
Frequently Asked Questions (FAQs)
Is XDC a good investment?
XDC might be a good investment. The XDC Network’s main goal is to support companies with their blockchain endeavors. If you plan to hold for the long term, then XDC seems like a good investment. However, do not take this as financial advice. In an extremely volatile market, it is important to do your own research and determine the risk tolerance and how much you are planning to invest.
Will XDC reach $1?
XDC might reach $1. However, we do not expect XDC Network to reach $1 in the short run. Several crypto experts and platforms predict XDC to reach $1 and even exceed it by the end of 2031. Moreover, we know the market is extremely volatile, and the coin’s price might highly fluctuate, so it might exceed or not meet our expectations.
What will XDC Network be worth in 2030?
In 2030, XDC Network is expected to increase significantly. Therefore, by the end of 2030, the price of XDC might reach a price of $0.75. However, the market might be on a bullish or bearish run, and therefore the price of XDC could fluctuate.
What is the future of XDC Network?
According to us at Crypto Academy and many other crypto experts, the future of XDC seems to be brighter than ever. By the end of 2026, the coin is expected to reach a price of around $0.24, and by the end of 2031, a price of $1.08.
Takeaways
- XDC Network is the third generation of blockchain technology.
- XinFin built the XDC Network and its native currency, XDC.
- XDC was created to address issues related to limited throughput, excessive fees, and a bad developer experience.
- XinFin uses a Proof-of-Stake (XDPoS) consensus mechanism.
- The current price of XDC is $0.0030.
- XDC is expected to reach $1.08 by the end of 2031.
- XDC Network is seen as a good long-term profitable investment.
Disclaimer: The information provided on this page is most accurate to the best of our knowledge; however, subject to change due to various market factors. Crypto-Academy encourages our readers to learn more about market factors and risks involved before making investment decisions.