XDC Network (XDC) surged over 14% in the past 24 hours, driven by a strategic partnership with Animoca Brands and significant network growth. This rise reversed its weekly losses into a 9% gain, making it the second-highest gainer of the day. Animoca Brands, a prominent gaming and venture firm, will act as an institutional masternode validator, providing funding support for developers on the XDC Network.
The network's expansion was marked by a 49% increase in its stablecoin market cap, reaching $118 million, with USDC accounting for 98% of this total. Additionally, the Total Value Locked (TVL) on the network rose by 12.40% to approximately $14.78 million. Despite these gains, XDC's price action showed a breakout from a descending trendline on larger timeframes, while still consolidating on lower timeframes, indicating potential for further upward momentum.
XDC Network Jumps 14% Following Animoca Partnership and Network Expansion
Sorumluluk Reddi: Phemex Haberler'de sunulan içerik yalnızca bilgilendirme amaçlıdır. Üçüncü taraf makalelerden alınan bilgilerin kalitesi, doğruluğu veya eksiksizliğini garanti etmiyoruz. Bu sayfadaki içerik finansal veya yatırım tavsiyesi niteliği taşımaz. Yatırım kararları vermeden önce kendi araştırmanızı yapmanızı ve nitelikli bir finans danışmanına başvurmanızı şiddetle tavsiye ederiz.
