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TürkçeXDC Network Information
XDC Network is gaining traction in the blockchain space due to its focus on enhancing financial sector efficiency. It offers a hybrid blockchain architecture, providing the benefits of both public and private networks. This makes XDC Network particularly appealing for enterprises seeking a scalable and secure solution for cross-border transactions.
Exploring the XDC Network: A Comprehensive Overview
The XDC Network, often represented by its symbol XDC, has emerged as an intriguing player in the decentralized finance (DeFi) ecosystem. With technological integrations that aim to streamline both public and private blockchain operations, the XDC Network has carved out a distinct niche within the blockchain industry. As of the latest data, the network boasts a market capitalization nearing $411 million and a substantial circulating supply, positioning it as a notable contender in the cryptocurrency market.
A Glimpse into the Historical Performance of XDC Network
Since its inception, the XDC Network has shown substantial growth and resilience. The coin achieved its all-time high of $0.192754 on August 21, 2021, a period during which many cryptocurrencies were riding high on market optimism. Despite the subsequent market corrections and a drop of approximately 85.67% from its ATH, XDC has maintained a steady presence in the market. Its all-time low recorded at $0.00039532 on July 22, 2019, highlights the tremendous overall growth the coin has experienced, marking a staggering increase of over 6888% to its current valuation.
Advantages of the XDC Network
One of the primary advantages of the XDC Network lies in its hybrid blockchain architecture, which combines both public and private blockchains. This structure allows the network to meet the specific needs of various enterprises by providing a scalable and secure solution for smart contract deployment. Additionally, the network's focus on energy efficiency and lower transaction costs offers a competitive edge over many other blockchain networks.
Furthermore, the XDC Network is tailored to enhance global trade and finance, aligning with its goal of being a highly efficient settlement mechanism for a variety of financial applications. The network's compatibility with the ISO 20022 financial messaging standard further facilitates seamless integration with existing financial systems, potentially broadening its adoption.
Potential Drawbacks of the XDC Network
Despite its strengths, the XDC Network faces several challenges. Critically, the cryptocurrency market is highly competitive, with numerous projects vying for dominance. This competitive landscape means that retaining and growing its user base is a constant challenge. Moreover, the complexity of bridging both public and private blockchain technologies can potentially pose technical hurdles, particularly as the network scales.
Another concern is market perception and the reliance on broader blockchain market trends. Like many other digital assets, XDC's price volatility can be a double-edged sword, attracting speculative investors but also causing hesitation among risk-averse participants.
Future Prospects for the XDC Network
Looking forward, the XDC Network's future appears promising, given its strategic focus on integrating blockchain technology within the traditional finance sector. The rising interest in blockchain solutions that offer efficiency and interoperability opens numerous avenues for the network's application, potentially driving further adoption and integration.
Moreover, the network's initiative to align with evolving financial standards and regulations could position it favorably as governments and industries increasingly explore digital and decentralized financial systems. As such, the XDC Network may continue to expand its footprint, particularly within sectors looking to harness the benefits of blockchain technology without compromising on security and compliance.
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General Information |
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Title
XDC Network
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Symbol
xdc
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Whitepaper
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Website
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Community
-
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Last Updated
2025-01-21 23:53
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Price Data |
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Current Price $
0.116047
$
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High 24h
0.122659
$
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Low 24h
0.11295
$
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Price Change 24h
-0.0050932257023202
$
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Price Change % 24h
-4.2044
%
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Market Data |
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Market Cap
1815215241
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Total Volume
67759188
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Market Cap Change 24h
-69705194.361022
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Market Cap Change % 24h
-3.69804
%
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Return on Investment (ROI)
364.26775920384
%
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Supply and Availability |
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Circulating Supply
15683276130
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Total Supply
37966811116.05
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Max Supply
-
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Historical Data |
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All Time High (ATH)
0.192754
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ATH Change %
-39.90953
%
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ATH Date
2021-08-21 04:39
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All Time Low (ATL)
0.00039532
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ATL Change %
29199.66311
%
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ATL Date
2019-07-22 00:00
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