Why is the XDC Network Price Up?

The price of XDC is up 3% today, putting it among the top three gainers in the market. At writing, it’s trading at $0.07002. The recent price boost comes as interest grows around new developments involving XDC and Hedera (HBAR), especially after a Web3 networking event in Dubai. While there’s no official partnership between the two, their joint appearance has people talking about potential collaboration in the enterprise blockchain space.

Crypto researcher Tokenicer, posted on X (formerly Twitter) that both XDC and Hedera were featured at a Web3 Iftar Networking event in Dubai. There’s no confirmation of any formal alliance, but their presence at the same event has sparked curiosity about what could come next, especially given their similar focus on real-world blockchain use cases.

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Both projects already have strong ties to the UAE. Hedera’s tech is being used by Dubai’s DIFC Courts for managing inheritance records through the Hedera Consensus Service (HCS), and also by the ICCA for verifying certificates. Meanwhile, XDC has partnered with ComTech in the Dubai Multi Commodities Centre (DMCC) and is being used by SBI to support trade between Japan and the UAE.

XDC Real-World Asset Integration Gains Traction

XDC Network’s role in digitizing trade finance has been underscored by its availability on Securitize, a tokenization platform backed by BlackRock. This inclusion positions XDC among a select few digital assets aligned with institutional finance infrastructure.

Securitize received major backing from BlackRock earlier this year, giving projects like XDC greater exposure to regulated tokenized asset platforms. This development has raised visibility around XDC’s real-world use cases in cross-border trade and financial documentation.

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XDC Price Technical Structure Indicates Bullish Shift

Chart analysis shows the price of XDC breaking out of a falling wedge pattern, which historically points to potential trend reversals. The price has moved above the 9-day exponential moving average for the first time in weeks.

The RSI is also recovering, climbing toward neutral levels. The price is testing resistance around $0.072, with further targets between $0.09 and $0.14 if bullish momentum continues. Support remains near the $0.065–$0.067 range.

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XDC Market Sentiment Responds to Ecosystem Momentum

The recent overlap of XDC and Hedera’s involvement in the same UAE-based events is encouraging speculation of stronger cooperation between the two networks. Though no official announcements have been made; the shared focus on enterprise-grade infrastructure and institutional partnerships is influencing current price action.

With both projects tied to government and private sector usage in the UAE, investor sentiment around enterprise DLT applications appears to be strengthening. As of writing, XDC price continues to trend upward, supported by both technical signals and real-world ecosystem developments.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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