XDC Network XDC
SPOT PRICE / USD
$0.033194
▲ +9.42% / 24H
MARKET CAP
$662.36M
24H VOLUME
$17.96M
24H HIGH
$0.034461
24H LOW
$0.030285
7D CHANGE
+18.09%
30D CHANGE
+19.76%
1Y CHANGE
-54.19%
ALL-TIME HIGH
$0.192754
CIRCULATING
19.95B XDC
MAX SUPPLY
∞
ATH DROP
-82.78%
ATH DATE
Aug 20, 2021
NETWORK TYPE
Layer 1 blockchain (EVM-compatible)
SECTOR
Layer 1
About XDC Network
XDC Network (XDC) is the native token of the XDC Network, a blockchain that has positioned itself around enterprise use cases, including trade finance and tokenization of real-world assets. XDC is used to interact with the network and its applications, and the chain is designed to be compatible with Ethereum-style smart contracts.
How XDC Network works
XDC Network is built as a smart-contract platform with EVM compatibility, aiming to support enterprise and financial applications with relatively low fees and efficient settlement. The project emphasizes use cases such as trade finance documentation, supply-chain finance, and the tokenization of assets, where transparency and faster settlement can offer advantages over traditional processes.
What XDC is used for
- Network fees: XDC is used to pay for transactions on the network.
- Applications: it powers smart contracts and enterprise-focused use cases.
- Tokenization and trade finance: supporting on-chain representation of assets and documents.
- Portfolio exposure: investors hold XDC for exposure to the ecosystem's adoption.
Enterprise blockchains are judged by real institutional adoption, not just the breadth of their feature list. — CoinRadar Daily analysis
Risks and considerations
XDC faces crypto market volatility and execution risk tied to whether enterprise and trade-finance adoption materializes at scale. Competition among blockchains targeting institutional use is significant, and regulatory developments can influence outcomes. As with any asset, verify current tokenomics, network details, and partnerships through official sources before making decisions.
Frequently asked questions
What is XDC Network (XDC)?+
XDC is the native token of the XDC Network, a blockchain focused on enterprise use cases such as trade finance and asset tokenization, with EVM-compatible smart contracts.
What is XDC used for?+
XDC is used to pay network fees, power smart contracts, and support enterprise-focused applications like trade finance and the tokenization of real-world assets.
What are the risks of XDC?+
Risks include crypto volatility, uncertainty over enterprise adoption, strong competition among institutional-focused blockchains, and evolving regulation.
DATA: COINGECKO · CACHED ~5 MIN · INDICATIVE ONLY · NOT FINANCIAL ADVICE
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