XDC Network shows rising interest among traders and institutional circles due to its potential in real finance and price chart improvements.
Institutional Potential of XDC Network
Analysts note that XDC Network could become an essential part of the settlement infrastructure, linking to assets such as gold and U.S. Treasuries. One analyst, X finance bull, claimed that "gold, credit, and Treasuries are onboarding to XDC" rails, highlighting its significance for major markets.
Price Technical Structure
The price of XDC, currently trading around $0.065, has broken out of a long-term downtrend, and technical indicators suggest potential growth. The price exceeded resistance levels and is now above the 20-day moving average. As of July 5, it recorded a new higher low.
Application Areas and Token Demand
Forecasts indicate that XDC has the potential to capture 10% of the global payment market, linking it to a $20 trillion market. Segments such as tokenized real-world assets and cryptocurrency transactions are also being explored. According to estimates, even a small percentage of these markets could lead to significant demand for XDC tokens.
XDC Network experiences growing interest due to its potential for integration into institutional finance, which could significantly impact future price dynamics and token demand.
