XDC Network is gaining attention due to recent news of price growth and integration with new chains.
XDC Network Update and Integration
XDC Network's price has jumped more than 10%, reaching $0.07121, with trading volume up over 45%. The main driver behind this rally is the July 9 announcement about integration with LayerZero and Stargate, which enables users to seamlessly bridge assets between various blockchains like Solana and Ethereum.
Growing Institutional Interest
There is also rising institutional interest in XDC Network. On the same day, 21Shares launched an XDC ETP on Euronext Paris and Amsterdam, providing regulated exposure to XDC. With partnerships with Deutsche Telekom and SBI Holdings, XDC is becoming a go-to platform for real-world asset tokenization.
Technical Analysis and Forecasts
From a technical standpoint, XDC's price has broken out of a multi-month downtrend and established a new high, creating opportunities for further growth. Analysts are watching resistance levels at $0.074 and $0.086, but a pullback to the $0.055–$0.058 support zone is possible.
XDC Network demonstrates significant movement in the market due to new integrations and increasing institutional interest. However, investors should remain cautious and closely monitor support and resistance levels.
