XDC Mainnet Price

XinFin Network (XDC) could be an exciting crypto to include in your investment portfolio as the project has solid potential for growth. As a hybrid blockchain that supports interoperability, the XDC Network is very versatile and could have several applications in Web3 and the mainstream among enterprises.

The blockchain can support dApps across several categories, including enterprise dApps. In addition, the interoperability feature allows XDC Network to interface with legacy systems and other blockchain networks, making it a convenient way for mainstream applications, especially in the finance industry, to evolve into decentralized applications.

The XinFin Network price could register an uptrend on the back of the rising adoption of its ecosystem among dApp developers and users. In addition, the announcement of new partnerships with mainstream businesses or the introduction of new use cases beyond global trade and fintech could also trigger higher buying interest and boost the XDC price statistics.

Finally, the XDC price and market capitalization could also trend higher when the mood in the overall crypto market turns strongly bullish. Higher investor confidence encourages more buying activity and could increase the XinFin Network price.

The XinFin Network mainnet token XDC has several applications. The following are some of its use cases.

Transaction Fees

XDC is used for paying transaction fees or gas fees within the XDC Network ecosystem. Users can pay gas fees when transferring payments using the blockchain, executing smart contracts, or interacting with dApps running on the XinFin Network.

Staking

XDC token holders can stake their cryptocurrency on the network to participate as network validators. After staking $XDC, they become eligible to verify transactions, contribute to block production, and even help secure the blockchain.

Crypto Asset to Trade and HODL

The XDC token is an attractive cryptocurrency to trade or hold in your portfolio. If you believe in the project’s future potential, you can buy or sell XinFin Network against other digital assets or hold it long-term. Check the live XDC Network price, current market cap, circulating supply, and 24-hour trading volume, and analyze the XDC Network price chart before you trade XDC.

Due to its hybrid design, the XDC Protocol can connect to legacy systems and other blockchains. As a result, it is a great way to upgrade core banking systems that use legacy technologies and make them more scalable and efficient without compromising security.

Blockchain technology holds the most promise in fintech applications, as evident from the stellar success of cryptocurrencies and decentralized finance (DeFi). XinFin Network offers a secure, low-cost, energy-efficient, and convenient way for banking systems to experiment with and adopt distributed ledger technology without security concerns.

The XDC blockchain can support tokenized and non-tokenized solutions that can improve business processes in legacy banking systems. Its technology can be used to make these processes far more transparent, offer a near-instant settlement, no single point of failure, and meager transaction costs.

You can create your own stablecoin pegged to a price-stable asset, tokenizing the asset and putting it on the blockchain without worrying about the volatile nature of cryptocurrencies. The XinFin Protocol lets you create fiat currency-backed stablecoins, non-collateralized stablecoins, cryptocurrency-backed stablecoins, and commodity-collateralized stablecoins. Here’s how to issue your own XinFin stablecoin in a few minutes:

1. Head to https://origin.xdc.org/ to create your own stablecoin issued on the XinFin Network.

2. Connect your XinPay wallet or unlock your crypto wallet with your private key to connect it to the MyContract dApp.

3. Click on Issue new Stablecoin and enter required details, including stablecoin name, symbol, circulating supply, and decimals. Click on Save & Review after inputting all information.

4. After reviewing all the details you have entered, click on Issue Token to deploy your very own stablecoin on the XDC Network.

There are many ways to grow your crypto portfolio by investing in XinFin’s XDC token. Here are some of the most popular options to earn from XDC:

Trade XDC Against Other Crypto Assets

Trade XinFin Network in the market through buying or selling XDC actions based on the XDC price action. Check the real-time XinFin Network price, market cap, circulating supply, 24h volume, and the latest crypto news before you trade XDC.

Stake $XDC

You can stake the XDC token on the XinFin Network to participate as a validator and contribute to securing the network. In exchange for your efforts in block production, you can receive rewards in $XDC and grow your crypto holdings.

HODL XDC

You can also invest in the XDC Protocol’s native token if you believe in the future potential of the XinFin Network project. As the adoption of its technology picks up in the future, the value of XDC could also increase, earning you significant profits and helping you grow your portfolio.