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🚀 Why is XCN Soaring? Breaking Down Onyx Protocol’s Game-Changing XCN Ledger Launch

  • Writer: MoonpieCrypto
    MoonpieCrypto
  • Apr 10
  • 3 min read

While the rest of the crypto market struggles through another volatile week — one project is defying the odds.


That project is Onyxcoin (XCN).


As Bitcoin, Ethereum, SHIB, and other altcoins battle macro pressure and global uncertainty, XCN has surged over 30% in a single day.


Why? The answer lies in something that could redefine Onyx Protocol’s future — the launch of its very own Layer 3 blockchain network:


The XCN Ledger.

Let’s break down what happened, why it matters, and what it could mean for XCN holders and investors moving forward.


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💥 The Surge: Why XCN is Pumping When Everything Else is Red

As of today, XCN is trading around $0.0122, up significantly from lows earlier this week.

This move comes as the crypto space faces bearish pressure — making XCN’s surge stand out even more.


The Trigger?

The launch of Onyx Protocol's new Layer 3 blockchain: The XCN Ledger.

This isn’t just hype — this is a major infrastructure upgrade with real technical value.

🔧 What is the XCN Ledger?


The XCN Ledger is Onyx Protocol’s newly launched Layer 3 blockchain network — specifically designed to handle financial-grade applications at scale.

Key Features of the XCN Ledger:


1. Financial-Grade Performance

  • Near-instant transaction confirmations.

  • Ultra-low fees for users and developers.

  • Built for fintech, payments, tokenized assets, and future DeFi protocols.


2. Layer 3 Architecture

  • Built on top of Arbitrum Orbit for scalability and execution.

  • Settles transactions on Base Blockchain — a Layer 2 solution backed by Coinbase.

  • Combines Layer 1 security, Layer 2 speed, and Layer 3 flexibility.


This architecture gives XCN the ability to scale globally without the congestion and high fees often seen on Ethereum.


3. XCN as the Native Gas Token — With Built-In Burns

Transactions on the XCN Ledger use XCN as the native gas token.

Not only does this create organic demand — but thanks to EIP-1559 integration, a portion of every transaction fee is burned.


This introduces a deflationary mechanism to XCN — reducing supply over time as network usage increases.

4. Upcoming Non-Custodial, Gas-Free Wallet

Onyx Protocol is also working on launching a non-custodial, gas-free wallet — aiming to streamline user onboarding and reduce the barrier to entry for mainstream adoption.


🧠 Why This is So Important for XCN

This launch changes the narrative for XCN:

It’s no longer just a governance token or discount token for Chain.com services.

It’s now:

  • The fuel for a dedicated financial-grade blockchain.

  • A deflationary asset as adoption grows.

  • A key part of Onyx Protocol’s strategy to become a serious player in fintech and DeFi infrastructure.


📈 Could XCN Keep Climbing?

Many analysts believe this launch is only the beginning.

Some technical forecasts suggest a potential 300% rally if market conditions stabilize and adoption ramps up on the new XCN Ledger.


Of course, crypto remains volatile — and short-term pullbacks can happen at any time.

But one thing is clear:


Onyx Protocol isn’t just surviving this market — it’s building.

And historically, projects that build during tough markets emerge stronger during the next bull run.


✍️ Final Thoughts: XCN is Levelling Up

The launch of the XCN Ledger is a major step forward for Onyx Protocol and its ecosystem.

It shows commitment to real-world adoption, scalability, and building a robust blockchain infrastructure designed for finance — not just speculation.


If this momentum continues, XCN could evolve from an under-the-radar altcoin into a key player in crypto's next chapter.


For long-term holders and new investors alike, this might just be the beginning of a very interesting journey.


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