XCN Price Prediction: Can Onyxcoin Meet Buying Demand Following Binance Listing? 

The cryptocurrency market has expanded rapidly, offering a variety of digital assets that serve different purposes. One such token gaining attention is XCN Crypto, the native token of the Onyx Protocol. Also referred to as Onyx Coin or Onyxcoin Crypto, XCN plays a crucial role in the Onyx ecosystem. In March 2022, Onyx Protocol (formerly Chain) rebranded its token from CHN to XCN and saw widespread success. The shared, multi-asset, cryptographic ledger has seen considerable market attention and increased in value by almost 50% in the first few months post-launch. 

Then, after implementing upgrades that included the likes of Chain Decentralised Autonomous Organisation (DAO), the beta release of the Onyx Cloud product, XCN staking, as well as listing on several crypto exchanges, Onyxcoin (XCN) reached its a new all-time high price. In this article, we’ll explore XCN price prediction along with its current market sentiment and in-depth analysis of the future XCN price forecasts.

XCN: A Quick Introduction

Onyxcoin (XCN) is the native utility and governance token of the Onyx Protocol, a blockchain-based platform focused on advancing decentralized finance (DeFi) solutions. XCN plays a fundamental role within the Onyx ecosystem, supporting smart contract execution, staking activities, fee settlements, and governance participation.

Initially launched through the Chain Protocol, XCN transitioned alongside the platform’s rebranding to Onyx Protocol—a strategic initiative aimed at strengthening its market presence and positioning Onyxcoin as a leading asset in the DeFi and blockchain financial sectors.

Onyxcoin drives the operations of the Onyx Protocol, a decentralized liquidity market built on the Ethereum blockchain. More than a digital asset, it serves as the essential resource that powers the platform’s ecosystem and ongoing development.

The Onyx Protocol offers a fully decentralized financial environment designed to expand the potential of DeFi.

The Onyx blockchain network was started in 2014 by venture capitalist Adam Ludwin, with support from several other investment firms. Their goal was to create a better solution for modern financial systems. After raising over $40 million through funding and partnerships with companies like Nasdaq, Orange, Capital One, and Citigroup, the team launched a product called Chain Core.

In 2018, the platform was sold to Lightyear Corp., a part of the Stellar Development Foundation. However, by 2021, the company became a privately owned business again, with new offices, new shareholders, and a completely new board of directors.

How Does Onyx Protocol Work?

The Onyx Protocol is a decentralized blockchain platform built to power secure and scalable financial applications. It offers several key features:

• Decentralized Governance – People who hold XCN tokens can vote on important decisions and future updates to the platform.
• Staking and Rewards – Users can stake (lock up) their XCN coins and earn rewards over time.
• Transaction Fee Payments – XCN is also used to pay for transaction fees and running smart contracts on the platform.
• Cross-Chain Compatibility – The protocol is designed to work smoothly with other blockchain networks, making it easier to connect and share information across different platforms.

Onyx allows multiple independent blockchain networks to coexist and interact, even when managed by different organizations. It keeps asset control separate from the synchronization of blockchain records, enhancing security by limiting unnecessary access.

With the Onyx cloud protocol, any participant can create and issue their own digital assets using customized programs called “issuance programs.” Once these assets are issued, they’re managed by “control programs,” which are built using a flexible programming language capable of supporting advanced smart contracts.

Each blockchain network is secured by designated “block signers.” As long as the majority of these block signers follow the agreed-upon rules, the network remains secure from conflicts (or “forks”). To improve efficiency, the task of creating new blocks is assigned to a single “block generator,” though any network participant can verify blocks and submit transactions.

The Onyx Core software provides enterprise-level blockchain solutions using the Onyx Protocol. There’s also an open-source developer version of Onyx Core available, and Chain maintains a freely accessible test network for managing the Chain blockchain network.

Binance’s XCN Listing Boosts Demand

Onyxcoin (XCN) surged dramatically by 150% on 11 April, despite the overall negative market conditions.

The daily trading volume was around $25 million but jumped significantly to about $600 million, mostly driven by trading on Coinbase. Because of this sharp increase in trading activity, and without an obvious reason behind it, Binance decided to list XCN futures contracts on its exchange.

Interestingly, unlike other Binance announcements, the new futures listing did not further boost the token’s price. This could suggest investors started selling after the news was announced, balancing out the buying and selling activity.

XCN has been traded for three years but had relatively low performance during 2023 and 2024. However, it quickly rose in January this year, climbing from $0.0025 to $0.03 in just 11 days. This surge caught attention, including from Tron founder Justin Sun, who expressed concerns about possible market manipulation. On January 24, Sun tweeted (and later deleted) that the XCN blockchain was heavily manipulating prices using high-risk trading methods, potentially putting exchange users at risk. He recommended major exchanges closely monitor the situation.  

XCN Price Prediction: Price History

Onyxcoin began trading in mid-March 2022 at approximately $0.0474. It quickly surged in popularity, reaching its first significant peak in early June 2022, with prices soaring to $0.1835. During this period, its market capitalization climbed to approximately $2.5 billion, marking its all-time high in terms of valuation. However, this remarkable ascent was short-lived, as the token faced extreme volatility, plunging from highs above $0.18 down to a low of just $0.0017 within the same month.

After the initial hype subsided, XCN began a prolonged period of correction, steadily declining through late 2022 and the entirety of 2023. By November 2022, prices had halved to about $0.066, and the coin continued to fall sharply, closing the year at around $0.0127.

Throughout 2023, the downward trend continued. Despite brief upward movements, such as a peak of $0.0179 in February 2023, XCN largely struggled. By September 2023, its price bottomed out, trading flat at approximately $0.0005 for an entire month. Market capitalization, which once peaked at billions, dwindled to just around $13 million.

In 2024, XCN’s price stabilized but remained mostly muted, fluctuating narrowly between $0.001 and $0.003. Trading volumes throughout this year were relatively low, averaging around $3 to $6 million monthly. This extended stability indicated potential accumulation phases but lacked substantial investor interest or external catalysts to ignite a significant price movement.

After two years of relative quiet, XCN saw an explosive resurgence in January 2025. The token catapulted from just $0.0023 to a remarkable high of nearly $0.049 within the month—an increase of roughly 2,000%. This rapid spike in both price and trading volume, reaching approximately $343 million for January alone, raised eyebrows within the crypto community. Notably, Tron founder Justin Sun publicly accused XCN of engaging in market manipulation through leveraged trading, which increased concerns and controversy surrounding its sudden rise.

Following the January peak, XCN experienced another significant drop, falling back sharply to approximately $0.009 by the end of March 2025. However, April saw renewed volatility, pushing the coin up once more to around $0.0266 before settling again at $0.0167 in April, 2025.

XCN Price Prediction: Technical Analysis

XCN is still in a downward trend, but buyers are trying to start a short-term recovery by pushing the price above the 20-day moving average ($0.018). As of writing, XCN price trades at $0.019, surging over 12% in the last 24 hours. 

However, this bounce is likely to run into selling pressure between $0.021 and the 50-day moving average ($0.025). If the price falls again from that area, there’s a higher chance it could drop below $0.015.

On the other hand, if the price breaks and stays above the 50-day moving average, it could move up toward $0.0297. Sellers will likely fight hard to keep it from going higher at that level, because if it breaks through, it may signal that XCN has already hit its lowest point. In that case, the price could charge toward $0.04. 

XCN Price Predictions by Blockchain Reporter

Onyxcoin Price Prediction 2025

In 2025, the price of Onyxcoin is expected to hit a minimum of $0.0025. It could climb as high as $0.0029, with the average trading value hovering around $0.0026 for the year.

Onyxcoin Price Prediction 2026

Based on a detailed technical analysis of past price trends, Onyxcoin is forecasted to have a minimum value of approximately $0.0038 in 2026. The coin may reach a high of $0.0045, while maintaining an average price around $0.0039 throughout the year. 

Onyxcoin Price Prediction 2027

The price outlook for Onyxcoin in 2027 suggests it could reach a minimum of $0.0054. Analysts anticipate a potential peak price of $0.0066, with an average trading level close to $0.0055 over the course of the year. 

Onyxcoin Price Prediction 2028

In 2028, Onyxcoin is projected to see its value grow to a minimum of $0.0079. The price might rise to a maximum of $0.0096, with an expected average around $0.0082 during the year. 

Onyxcoin Price Prediction 2029

Forecasts for 2029 indicate that Onyxcoin could hit a low of $0.0114. The maximum projected value is around $0.0136, with an overall yearly average of approximately $0.0119. 

Onyxcoin Price Prediction 2030

For the year 2030, Onyxcoin is expected to trade at a minimum of $0.0168. It has the potential to peak at $0.0204, with the average value estimated at about $0.0174. 

Onyxcoin Price Prediction 2031

According to a deep analysis of historical price movements, Onyxcoin may reach a low of $0.0253 in 2031. The maximum price could touch $0.0294, with an average level around $0.0260. 

Onyxcoin Price Prediction 2032

In 2032, Onyxcoin is anticipated to reach a minimum value of $0.0384. The coin could see highs of up to $0.0436, with a projected average price of $0.0397 for the year. 

Onyxcoin Price Prediction 2033

The forecast for 2033 indicates that Onyxcoin may hit a bottom price of $0.0551. The token could rally to a high of $0.0671, with an average price likely to settle around $0.0571. 

Onyxcoin Price Prediction 2034

Looking ahead to 2034, Onyxcoin is expected to reach a minimum of $0.0801. The price could go as high as $0.0953, with an average annual price of about $0.0829. 

XCN Price Forecasts: By Experts 

According to the latest Onyxcoin price prediction by Coincodex, the price of Onyxcoin is expected to increase by 228.24%, reaching $0.05556 by May 22, 2025. Coincodex’s technical indicators currently show a bullish sentiment, with the Fear & Greed Index standing at a neutral level of 47. Over the past 30 days, Onyxcoin has seen 13 green days out of 30 (43%) and experienced price volatility of 34.40%. Based on Coincodex’s analysis, this could be considered a favorable time to buy Onyxcoin. 

According to Digital Coin Price, market analysts and experts predict that XCN will begin 2027 priced at approximately $0.0502, and it is expected to trade around $0.0621 during the year. This projected price increase is significant compared to the previous year’s levels, marking a considerable rise for Onyxcoin.

Additionally, Digital Coin Price forecasts that by 2033, the minimum price of Onyxcoin could reach $0.23. The average trading price throughout 2033 is expected to be about $0.24, with a potential maximum price of up to $0.25. Analysts anticipate the maximum trading value will generally hover around $0.24 during that year.  

Is XCN a Good Investment? When to Buy? 

It’s hard to know exactly what will happen with Onyxcoin. Although current price predictions for Onyxcoin are generally promising, it’s important to remember that cryptocurrency forecasts are often inaccurate. Recently, XCN performed very well during a challenging period for the overall crypto market, but before this, it had mostly gone unnoticed for about two years. It’s unclear whether this recent price surge will continue or if it’s just a short-term spike.

Looking at the current market sentiment and XCN price forecasts, it is advised to invest in the crypto asset at a price of $0.0012 for a profitable return in the long term. 

As with any cryptocurrency, it’s crucial to research thoroughly before deciding if investing in Onyxcoin is the right choice for you.

Conclusion

XCN demonstrates how blockchain technology is growing and how crypto assets are becoming more established and regulated. As the market expands, XCN’s offerings and governance show how decentralized systems can break challenges.

Today, the XCN project is managed by experienced blockchain developers and financial technology specialists. Their expertise includes smart contracts, improving blockchain protocols, and developing financial systems. The team regularly interacts with the community through Discord, Twitter, and online discussion forums, and they keep everyone informed by sharing clear roadmaps, regular updates, and hosting question-and-answer sessions.

It is advised to do your own research before investing in the volatile crypto market.