XCN (Onyxcoin) increased by 40.65% in the past 24 hours

GateNews

2026-01-06 02:25:42

XCN3,12%

Gate News Bot Message, January 6th, according to CoinMarketCap data, as of press time, XCN (Onyxcoin) is currently priced at $0.01, up 40.65% in the past 24 hours, with a high of $0.01 and a low of $0.00. The 24-hour trading volume reached $135 million. The current market capitalization is approximately $318 million, an increase of $91.9 million from yesterday.

Onyx is a modular blockchain designed for enterprise-grade applications, offering near-instant confirmation and low fees. Onyxcoin (XCN) is an Ethereum ERC-20 decentralized digital asset, functioning as Onyx’s utility token, gas token, and governance token. The total supply of XCN is 4.8 billion tokens, with 3.5 billion in circulation, and over 1.3 million on-chain holders.

The Onyx ecosystem is comprehensive, including Onyx AI (real-time autonomous blockchain agent), cross-chain bridging, Onyxwallet (non-custodial wallet), and other products. XCN holders can participate in network security and governance through staking, while transaction fees are paid in XCN, with a portion being burned. Additionally, Goliath is building secure digital infrastructure supporting instant finality, high TPS, low fees, and cross-chain interoperability.

Recent Important News about XCN:

1️⃣ Whale Accumulation Supports Price Rebound Continuous buying activity from whale addresses provides strong support for XCN’s price. Such accumulation by large holders often reflects long-term bullish expectations in the market, helping to stabilize the price foundation and drive upward breakthroughs. The active positioning of whales in early January is positively correlated with the over 40% daily increase.

2️⃣ Market Attention Increases at the Start of the Year In the first week of January, XCN was included in the mainstream crypto market’s watchlist for the new year, indicating rising recognition of its enterprise-grade blockchain application positioning and complete ecosystem layout, attracting incremental funds to enter and bottom out.

3️⃣ Trading Volume Surge Reflects Increased Market Participation The 24-hour trading volume of $135 million indicates significantly increased market participation. Sufficient liquidity provides effective support for price appreciation and helps prevent excessive volatility during upward movements.

This message is not investment advice. Please be aware of market volatility risks when investing.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Institutions Return to Ethereum as Staking Hits Record Highs

ethereum news Market Analysis Capital Flow Global Markets On-Chain Data

Financial markets are experiencing turbulence following attacks on oil and gas infrastructure in the Persian Gulf, but institutional investors are showing early signs of returning to crypto DailyCoin reported yesterday about renewed capital interest in Ethereum (ETH) and Bitcoin (BTC) ETFs,

DailyCoin17m ago

Ethena (ENA): Impressive recovery, but is the upward momentum sustainable?

Market Analysis Derivatives Data

Ethena (ENA) has seen an 11.55% increase in open interest and a 5.08% price rise, despite being in a wider downtrend. Although bullish signals have emerged, the recovery may be temporary. Caution is advised as traders assess profit-taking strategies.

TapChiBitcoin26m ago

Bitcoin Remains Resilient as Iran-US Conflict Fuels Risk-Off Sentiment

bitcoin news Market Analysis Price Volatility Monetary Policy Global Markets Geopolitics

Bitcoin has gained over 2%, defying a global risk-off sentiment sparked by the escalation of the US-Iran conflict that has seen most stocks plunge. Analysts say it’s the best time to buy BTC as the US Fed is going to start printing billions of dollars to support the war, as it has in

CryptoNewsFlash39m ago

Gate Research Institute: DEX Trading Volume Rebounds, SuperLink Ecosystem Accelerates Development | Gate Institutional Crypto Market Weekly Report (February 23 – March 1, 2026)

Daily Crypto News Market Analysis Derivatives Data Macroeconomics Global Markets On-Chain Data

Recently, market liquidity has been relatively thin, with BTC dropping rapidly and entering a consolidation phase, while ETH has shown weak performance. Geopolitical risks have driven up oil and precious metals, with funds shifting toward defensive assets. DEX trading volume experienced a pulse release, but overall remains below historical highs, and the market is still in a deleveraging stage. Next week, attention should be paid to several macroeconomic indicators and events such as token unlocks that could cause market volatility.

GateResearch42m ago

QCP: Bitcoin remains resilient amid the Hormuz crisis, while AI and tech industries come under pressure

bitcoin news Market Analysis Global Markets Geopolitics

The closure of the Strait of Hormuz has led to rising energy prices, with Brent crude reaching $83 and natural gas up 50%. The South Korean stock index KOSPI fell 20% due to the impact. Bitcoin performed strongly, possibly indicating a shift in risk appetite. The market expects continued volatility, with all parties pressuring Iran to open the strait.

GateNews1h ago

Bitmine buys the dip again! Tom Lee is optimistic about Ethereum with "three major bullish factors" supporting it

ethereum news Market Analysis Capital Flow

Bitmine Immersion Technologies increased its holdings by 51,162 ETH last week, bringing the total to 4.42 million ETH, valued at approximately $8.7 billion, making it the publicly traded company with the largest ETH holdings. Despite market difficulties, Chairman Tom Lee believes the fundamentals of ETH are strong and points out three major positive factors. 68.7% of the company's ETH has been staked, which is expected to generate significant passive income.

区块客1h ago

Comment

0/400

No comments