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From Quiet Trading to 78%+ in 24 Hours: What Ignited Onyxcoin’s Massive Run?

From Quiet Trading to 78%+ in 24 Hours: What Ignited Onyxcoin’s Massive Run?

CoinEdition2025/04/10 16:00
By: Coin Edition
BTC-0.15%XCN+0.02%
XCN rose 78% in 24 hours, reaching $0.023 amid market optimism. XCN has gained 821% in 2025, with increased trading volume. Goliath blockchain aims for 24,000 TPS, targeting institutional scalability.
  • XCN rose 78% in 24 hours, reaching $0.023 amid market optimism.
  • XCN has gained 821% in 2025, with increased trading volume.
  • Goliath blockchain aims for 24,000 TPS, targeting institutional scalability.

U.S. CPI inflation has fallen below 3% (a four-year first), started a strong market rally in stocks and crypto. Bitcoin rose over 2% following the news, with many altcoins moving higher as well. One altcoin in particular, showed exceptional performance. 

After a long stretch of quiet trading and bearish sentiment, XCN has made a comeback in recent days—delivering one of the most impressive rallies in the current crypto cycle. The token surged to a high of $0.023 on Friday, lifting its market capitalization to over $750 million. 

Trading volume climbed sharply with the price, showing fresh investor interest. Year-to-date, XCN is up by 821%, including a 78% gain in the past 24 hours alone.

Why is Onyxcoin (XCN) Rising?

Launched in 2022, XCN is quickly gaining traction with recent developments including an ambassador program, new partnerships, and ecosystem expansion. 

The project is building out its ecosystem, planning the launch of Goliath , a Layer 1 blockchain designed for institutional use. 

Related: Taxing Times in Ukraine: Crypto Cash-Outs Face 23%, Trading Exempt

According to Onyx, Goliath aims to process up to 24,000 transactions per second, rivaling legacy payment networks like Visa. The broader Onyx ecosystem also includes the XCN Ledger, a Layer 3 solution with a testnet scheduled for Q3 2025 and a mainnet launch in early 2026.

XCN Price Prediction

The recent rally has been one of the biggest in the market, with the price quickly breaking through important resistance levels—first at $0.015 and then above the $0.018 to $0.020 area. The next possible target zone is between $0.025 and $0.027. If trading volume stays high, the next likely price target is between $0.025 and $0.027 and if the momentum continues further, there’s a chance XCN could even retest the $0.035 level. 

From Quiet Trading to 78%+ in 24 Hours: What Ignited Onyxcoin’s Massive Run? image 0 From Quiet Trading to 78%+ in 24 Hours: What Ignited Onyxcoin’s Massive Run? image 1 Source: CoinMarketCap

Related: Tariff Shock Reveals a Two-Tier Crypto Market: BTC vs Everyone Else?

Even with the recent run, XCN trades far below its all-time high value. The token’s peak market cap hit $7.41 billion, compared to about $750 million now—almost a 10x difference.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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