Onyxcoin (XCN) Price

Onyxcoin is a cryptocurrency that powers the Onyx Protocol, a web3 blockchain infrastructure platform. As the native token of the ecosystem, XCN serves multiple functions: 1. Governance: Holders can vote on protocol improvements and community initiatives. 2. Staking: Users can stake XCN to earn additional rewards. 3. Utility: XCN is used for payments, discounts, and accessing advanced services within the Onyx ecosystem. 4. Interoperability: The XCN Bridge allows seamless transfer between Ethereum and other supported blockchains. Key facts about XCN: - Current price: $0.005251 - 24h change: +1.88% - Market cap: $200.47M - Circulating supply: 38.17B XCN - Total supply: 48.40B XCN - All-time high: $0.184139 (May 27, 2022) - All-time low: $0.000705 (October 12, 2023) XCN aims to facilitate the development of decentralized applications and enable cross-chain communication through Onyx's core infrastructure. As adoption of the Onyx Protocol grows, XCN is positioned to play a central role in the expanding web3 ecosystem.

Onyxcoin was created in October 2021. The project officially launched on October 31, 2021, introducing XCN as its native cryptocurrency token. Since then, Onyxcoin has become an important part of the Onyx Protocol ecosystem, powering various functionalities within the network including governance, staking, and payments for services. As of 2026-05-08, Onyxcoin has a market cap of $200.47M and is ranked 206 among all cryptocurrencies.

The founders of Onyxcoin are Adam Ludwin, Devon Gundry, and Ryan Smith. They established Chain, the company behind XCN, in 2014 with the mission of building blockchain infrastructure for financial services. Adam Ludwin served as the initial CEO, bringing his experience from RRE Ventures. Devon Gundry and Ryan Smith contributed their technical expertise to develop the core blockchain technology. Under their leadership, Onyxcoin has grown into a prominent player in the Web3 and cryptocurrency space, partnering with major financial institutions to implement blockchain solutions. The founding team's vision was to create a more efficient and interconnected financial system through blockchain technology, which continues to drive Onyxcoin's development and adoption today.

Onyxcoin operates on a blockchain infrastructure powered by the XCN token. Here's how it works: 1. Blockchain Protocol: Onyxcoin uses a shared, multi-asset crypto ledger that supports multiple independent networks operating interactively. 2. Asset Issuance: Network participants can define and issue assets by creating custom 'publishers'. 3. Smart Contracts: Assets are controlled by 'control procedures' written in Turing-complete languages, enabling complex smart contracts. 4. Consensus Mechanism: Networks are secured by a 'block signer' alliance to prevent forks. A single 'block generator' creates blocks for efficiency. 5. Utility: XCN tokens are used for governance voting, staking rewards, and payments within the Onyxcoin ecosystem. 6. Cross-Chain Functionality: The XCN Bridge allows seamless transfer of XCN tokens between Ethereum and other supported blockchains. 7. Ecosystem Applications: Onyxcoin provides cloud blockchain infrastructure, ledger-as-a-service, and NFT services for developers and enterprises. As of 2026-05-08, XCN has a circulating supply of 38.17B XCN with a current price of $0.005251. The token's market cap stands at $200.47M, ranking it 206 among cryptocurrencies.

Onyxcoin utilizes a multi-layered technical architecture: 1. Core Protocol Layer: Implements the shared, multi-asset crypto ledger that supports coexistence of multiple independent networks. 2. Smart Contract Layer: Allows defining custom asset issuance and control programs using Turing-complete languages. 3. Consensus Layer: Uses a quorum of block signers to prevent forks, with a single block generator for efficiency. 4. Network Layer: Enables any node to verify blocks and submit transactions. 5. Application Layer: Provides APIs and SDKs for building financial services and Web3 applications. 6. Cloud Infrastructure: Offers Chain Cloud for public blockchain access and Sequence as a ledger-as-a-service. This architecture allows Onyxcoin to serve as a flexible blockchain infrastructure for building financial products and services, with a focus on performance, scalability and interoperability between networks. The XCN token is used for governance, staking, payments and accessing ecosystem services.

The future and roadmap of Onyxcoin (XCN) looks promising. Key developments include: 1. Expanding ecosystem: Onyxcoin aims to enhance its blockchain infrastructure and develop more Web3 services and DeFi products. 2. Interoperability: The recent launch of XCN Bridge enables seamless transfer of XCN tokens across multiple blockchains, improving cross-chain functionality. 3. Governance enhancements: Plans to increase community participation in protocol improvements and decision-making through XCN token voting. 4. Partnerships: Continuing to forge strategic partnerships with major financial institutions and tech companies to drive adoption. 5. Product development: Focus on improving existing services like Chain Cloud and Sequence, while launching new blockchain-based solutions. 6. Scalability upgrades: Ongoing work to enhance network performance and transaction throughput. 7. Global expansion: Efforts to expand Onyxcoin's presence in key markets worldwide. 8. Sustainability initiatives: Commitment to environmentally-friendly blockchain solutions. The team is dedicated to positioning Onyxcoin as a leading blockchain infrastructure provider. While specific price predictions are uncertain, continued development and adoption could potentially drive XCN value growth in the coming years.

Onyxcoin is experiencing an upward trend due to increased adoption, positive market sentiment, and recent partnerships. The current price of $0.005251 represents a +1.88% gain in the last 24 hours, with trading volume reaching $618.89K. Analysts predict continued growth potential for XCN in the coming years.

Onyxcoin is dropping due to market volatility and profit-taking after recent gains. The current price of $0.005251 represents a +1.88% change in the last 24 hours. Despite short-term fluctuations, Onyxcoin remains a promising project with strong fundamentals and partnerships in the blockchain infrastructure space.

Onyxcoin is expected to reach $0.006395 by 2027, $0.008344 by 2026+3, and potentially $0.010732 by 2031. Its current price is $0.005251, with a market cap of $200.47M. Long-term growth potential exists as Onyxcoin continues to develop its blockchain infrastructure.

Onyxcoin is expected to go up in 2027, with a projected price of $0.006395. Market trends and ongoing developments in the Onyxcoin ecosystem suggest potential growth. However, cryptocurrency prices are highly volatile and unpredictable.

The current price of Onyxcoin (XCN) is $0.005251. As the #206 cryptocurrency by market cap, XCN has seen a +1.88% change in the last 24 hours with a trading volume of $618.89K.

The highest price Onyxcoin has ever reached is $0.184139. This all-time high was recorded on May 27, 2022.

The lowest price Onyxcoin has ever reached is $0.000705. This all-time low occurred on October 12, 2023.

Currently, 1 XCN is worth $0.005251.

Onyxcoin is valuable due to its role in powering the Onyx Protocol, a leading web3 blockchain infrastructure. As the native token, XCN enables governance voting, staking rewards, and discounts on ecosystem services. Its utility and growing adoption in decentralized finance make it an important asset in the blockchain space.

The total supply of Onyxcoin (XCN) is 48.40B XCN, with a circulating supply of 38.17B XCN. The maximum supply is capped at 68.89B XCN.

Mining Onyxcoin (XCN) is not profitable due to its proof-of-stake consensus mechanism. Instead, users can earn rewards by staking XCN tokens to secure the network and participate in governance. The current staking APY is around 5-7%.

Onyxcoin was officially launched on October 31, 2021. This date marks the beginning of XCN's journey in the cryptocurrency market.

Currently, one XCN costs $0.005251.

You can buy Onyxcoin through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy XCN at $0.005251.

To purchase XCN, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to XCN trading pair, enter purchase amount, and confirm your transaction. Store your XCN in a secure wallet for safekeeping.

Yes, Onyxcoin is generally considered safe and legitimate. It's a well-established cryptocurrency project with a strong development team, active community, and partnerships with major financial institutions. Onyxcoin is ranked 206 by market cap at $0.005251, with a 24-hour trading volume of $618.89K. As with any crypto investment, proper research and caution are advised.

Onyxcoin is the native cryptocurrency of the Onyx Protocol ecosystem. It serves multiple functions including governance, staking, payments, and discounts for Onyx products and services. Onyxcoin operates on Ethereum and other blockchains, enabling cross-chain transfers via the XCN Bridge.

No, JP Morgan does not own Onyxcoin. Onyxcoin is an independent cryptocurrency project developed by Chain, a blockchain technology company. The XCN token is the native asset of the Chain ecosystem and is not affiliated with or owned by any traditional financial institutions.

Elon Musk is not directly associated with Onyxcoin. He is known for supporting Dogecoin, but has not created or endorsed XCN.

Yes, Onyxcoin has a promising future. As a leading blockchain infrastructure provider, Onyxcoin is well-positioned for growth in the expanding Web3 ecosystem. With its innovative technology and partnerships with major financial institutions, Onyxcoin is likely to see increased adoption and value in the coming years.