{"id":26387,"date":"2025-05-12T17:47:07","date_gmt":"2025-05-12T17:47:07","guid":{"rendered":"https:\/\/dogewisperer.com\/xcn-crypto-is-set-for-mega-update-what-does-it-mean-for-onyxcoin-price\/"},"modified":"2025-05-12T17:47:07","modified_gmt":"2025-05-12T17:47:07","slug":"xcn-crypto-is-set-for-mega-update-what-does-it-mean-for-onyxcoin-price","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26387","title":{"rendered":"XCN Crypto Is Set For Mega Update: What Does it Mean for Onyxcoin Price?"},"content":{"rendered":"<div>\n<p>XCN crypto is set for a major update \u2013 OIP-56 \u2013 and XCN price is flipping bullish, but what does all this mean for Onyxcoin price long-term?<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Onyxcoin\u2019s XCN crypto price action is scrutinized as it consolidates within a tight range. The upcoming OIP-56 proposal, which introduces<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> gas-free voting<\/a>, could be a game-changer.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6822333643e2a\" data-coin-id=\"xcn-chain\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_6822333643e2a-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_6822333643e2a-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_6822333643e2a-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_6822333643e2a-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_6822333643e2a-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_6822333643e2a-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6822333643e2a-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6822333643e2a-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6822333643e2a-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6822333643e2a-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_6822333643e2a-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_6822333643e2a-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p>XCN\u2019s price is holding up, but the fundamentals don\u2019t support optimism. A high Network Value-to-Transaction (NVT) ratio suggests the network isn\u2019t earning its valuation, and despite a <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">decent RSI<\/a>, momentum looks stalled. Traders are waiting, not betting.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">NVT Ratio Indicates Potential Overvaluation for XCN Crypto<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Onyxcoin\u2019s NVT ratio just hit a five-month high, and that\u2019s not a bullish signal. The spike suggests a growing disconnect between the token\u2019s market cap and actual activity on the blockchain.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">In short, valuation is soaring, but usage isn\u2019t. Historically, that imbalance has been a warning sign, often followed by corrections. Unless fundamentals improve, Onyxcoin could set itself up for a reality check.<\/p>\n<figure id=\"attachment_236982\" aria-describedby=\"caption-attachment-236982\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-236982\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-1024x347.png\" alt=\"\" width=\"1024\" height=\"347\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-1024x347.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-300x102.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-768x260.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-1536x520.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-2048x693.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-50x17.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-308x104.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Onyxcoin-XCN-20.17.46-11-May-2025-350x118.png 350w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-236982\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/embed.santiment.net\/chart?ps=chain&amp;pt=XCN&amp;df=2024-01-10T00%3A00%3A00.000Z&amp;emcg=1&amp;emhwm=1&amp;wm=active_addresses_7d%3Bactive_addresses_24h%3Bholders_distribution_total&amp;wax=0%3B1%3B2&amp;wc=%23805b5b%3B%23fcbf26%3B%235275FF&amp;ws=%3B%3B%7B%22node%22%3A%22area%22%7D\" target=\"_blank\" rel=\"noopener nofollow\">XCN Crypto<\/a>)<\/figcaption><\/figure>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">XCN is holding steady for now. RSI levels suggest there\u2019s still mild bullish momentum, but all eyes are on the $0.0214\u2013$0.0165 trading band.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Break above the top; XCN could push toward $0.0237 or higher.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">OIP-56 Update Brings Optimism<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">OIP-56 could be Onyxcoin\u2019s lifeline. The proposal introduces gas-free voting\u2014an upgrade that might actually bring utility to the chain.\u00a0 If it delivers, XCN could shake off its malaise and regain investor momentum.<\/p>\n<figure id=\"attachment_236987\" aria-describedby=\"caption-attachment-236987\" style=\"width: 912px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-236987\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/GqMwchqWUAE1Qy5-912x1024.jpeg\" alt=\"\" width=\"912\" height=\"1024\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/GqMwchqWUAE1Qy5-912x1024.jpeg 912w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/GqMwchqWUAE1Qy5-267x300.jpeg 267w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/GqMwchqWUAE1Qy5-768x863.jpeg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/GqMwchqWUAE1Qy5-45x50.jpeg 45w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/GqMwchqWUAE1Qy5-178x200.jpeg 178w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/GqMwchqWUAE1Qy5.jpeg 1152w\" sizes=\"auto, (max-width: 912px) 100vw, 912px\"><figcaption id=\"caption-attachment-236987\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/x.com\/cmcal_bot\/status\/1919431135173484579\/photo\/1\" target=\"_blank\" rel=\"noopener nofollow\">X<\/a>)<\/figcaption><\/figure>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">But for now, the fundamentals aren\u2019t cooperating. A ballooned NVT ratio and flat transaction volumes cast a long shadow over its market cap ranking.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">XCN\u2019s sideways action reflects a broader uncertainty for its price.<\/p>\n<p><strong>DISCOVER: <\/strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><strong>Top Solana Meme Coins to Buy in May 2025<\/strong> <\/a><\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">What Lies Ahead For XCN Crypto?<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Onyxcoin is approaching a make-or-break moment. A push past $0.0214 could invite fresh capital and turn sentiment around. However, a slip below $0.0165 will confirm what skeptics already fear, that the price is running ahead of fundamentals.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">\u00a0The OIP-56 update promises a splash of real-world use, but the gap between promise and performance hasn\u2019t closed.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/xrp-price-jumps-11-after-sec-crypto-unit-tease-xrp-etf-progress\/\" target=\"_blank\" rel=\"noopener\">XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Onyxcoin\u2019s XCN crypto price action is under scrutiny as it consolidates within a tight range.     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Yet, the elevated Network Value-to-Transaction (NVT) ratio raises concerns about overvaluation.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        \u00a0The OIP-56 update promises a splash of real-world use, but the gap between promise and performance hasn\u2019t closed.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/xcn-crypto-is-set-for-mega-update-what-does-it-mean-for-onyxcoin-price\/\">XCN Crypto Is Set For Mega Update: What Does it Mean for Onyxcoin Price?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XCN crypto is set for a major update \u2013 OIP-56 \u2013 and XCN price is flipping bullish, but what does all this mean for Onyxcoin price long-term? Onyxcoin\u2019s XCN crypto price action is scrutinized as it consolidates within a tight range. The upcoming OIP-56 proposal, which introduces gas-free voting, could be a game-changer. &#8211; Price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26387","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26387"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26387\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}