As of April 25, 2024, there are 312 XDC Network validator masternode candidates, of which 108 actively operate as validator masternodes, and the remainder are standby masternodes. Each masternode operator is required to stake 10M XDC.
After the token’s launch on Jan 29, 2018, on the Ethereum platform, over 4,564 wallets have acquired XDCE, with a recorded total of xdce price 147,181 successful token transactions to date. XinFin Network (XDCE) is a cryptocurrency token built on top of Ethereum platform, launched in January 2018. Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses.
Xinfin
- It was also invited to join the ITFA’s Digital Negotiable Instruments Initiative (DNI).
- Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 920 exchanges.
- The table above accurately updates our XDCE price in real time.
- Tradeteq was responsible for the world’s first trade finance-based non-fungible token (NFT) issuance on the XDC Network in late 2021.
- In other words, $17.52M have changed hands within the past 24 hours through trading.
Currently, 323.73M of XDCE were traded within 24 hours of time. In other words, $17.52M have changed hands within the past 24 hours through trading. XinFin and XinPay are the leading network developments, both live. XinFin’s digital asset is XDC, a governance token used to empower holders to vote on important network decisions. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily XinFin Network price chart.
Focus Remains On Crypto as Bitcoin Reaches a New High
The XDC Network is a blockchain developed to support trade finance and the tokenization of RWAs. A highly optimized, EVM-compatible Layer 1 blockchain, XDC Network reaches consensus through a delegated proof-of-stake (dPoS) mechanism, which allows for a transaction time of mere seconds, near zero gas fees, and a high number of transactions per second (TPS). Various teams supporting and utilizing the XDC Network posit that trade finance is the definitive use case for blockchain technology and that public blockchain networks, like the XDC Network, are the vehicle for industry transformation. As of Nov 18, XinFin Network has a market capitalization of $510.4 Million and is ranked #131 among all cryptocurrencies. This calculation is based on the circulating supply of XinFin Network.
They use blockchain and IoT to enable the transaction of community driven digital asset. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 920 exchanges. XinFin is a hybrid decentralized finance (DeFi) platform, built to advance global finance and trade through blockchain technology. With $13B in tokenized assets, strong institutional partnerships, and a clear first-mover advantage in the RWA space. The platform’s methodical approach to regulatory compliance, coupled with its hybrid public-private architecture, positions it uniquely to capture significant market share in the emerging tokenization landscape. While current fee generation primarily stems from metadata transactions, the planned launch of Figure Markets, major exchange listings, and comprehensive market-making initiatives in 2025 could serve as powerful catalysts for growth.
XDCE has a circulating supply of 12.31B coins and a max supply of XDCE. XinFin is a Blockchain technology company focused on international trade and finance. We have developed a highly scalable, secure, permissioned and commercial grade Blockchain architecture. With an aim to bridge the global infrastructural deficit with their open source marketing platform – TradeFinex, XinFin has created a seamless platform for financiers, suppliers and beneficiaries across industries worldwide. The primary goal of XinFin is efficiently facilitate capital deployment and minimize pressure on the infrastructural deficit by enabling a peer to peer trade and financing between governments, corporates, communities and suppliers.
XinFin Network Monthly Returns
For the last 30 days, more than 43 XDCE transactions have been made, on average daily 1.43 completed transactions. With a surge of x34.71 times from the initial coin offering rate, a $100 investment would now be valued at $3,471. Kakkad is a serial tech entrepreneur with decades of experience in cloud computing. Khekade, a computer engineer by training, played the leading role at MonetaGo in creating the first permissioned blockchain network for a consortium of the most prominent Asian banks. Live XDC Network price updates and the latest XDC Network news.
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Additional contributions of note include those of SBI Holdings, which entered into a joint venture with TradeFinex to expand XDC Network use cases in global economic activities, particularly in trade finance and cross-border payments. Kakkad and Khekade set out to build an enterprise-ready blockchain uniquely suited to liquifying global trade finance. With that overarching goal in mind, they joined forces with André Casterman, who, after spending 20+ years at SWIFT, now serves in a prominent leadership role for the XDC Network and drives innovation by shepherding various network use cases across traditional finance. Reddit is a popular platform where cryptocurrency communities often gather to discuss news, trends, and insights related to a particular coin. Analyzing Reddit stats can provide valuable insights into the community’s sentiment and engagement with a particular cryptocurrency.
To see more analysis and outlook, please check the XinFin Network price prediction page. A forthcoming upgrade to the consensus mechanism, dubbed XDC 2.0, is currently running on testnet. It and subsequent iterations of the XDC Network protocol will further enhance the security of the consensus mechanism and incorporate a novel “judiciary branch” into the consensus mechanism. The current circulating supply of XDC Network is 12.31B. Please bear with us as we address this and restore your personalized lists.
With architecture that enables the creation of sovereign sub-networks, XDC Network is uniquely equipped to support those who require dedicated blockchain environments for enhanced permissions and control, such as government agencies, financial institutions, and businesses. XDC Network (XDCE) currently ranks 97 among all known cryptocurrency assets. A high market capitalization implies that the asset is highly valued by the market. Compared to other crypto coins which started the same year as XinFin Network it has above-average trading volume, average volume for the other 812 coins started in 2018 is $8M while XDCE has $13M. Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of XinFin Network (XDCE) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins.
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