Specifically, the XDC Network saw a 12% price jump yesterday after Binance US announced trading would go live today. The price tested both psychological and technical resistance at $0.10 — the peak of an 80% rally from its year-to-date low of $0.055253 in late June.
Currently, XDC is undergoing a healthy correction while maintaining its long-term bullish structure. Trading around $0.098, the token remains well above its 20-day EMA — a dynamic support level that has successfully held up the price during the recent rally and cushioned the latest dip around $0.080.
The previous resistance zone between $0.085 and $0.088 — which closely aligns with both the EMA and the ascending trendline — has now flipped into a key demand area. If buyers can defend this zone, XDC could resume its upward momentum, breaking above $0.10 and aiming for the next resistance targets at $0.11 and $0.12. However, if this support fails, the price may retest the $0.080 level.
Strong fundamentals continue to support XDC’s broader uptrend:
1. Cross-chain expansion as a core growth driver
The key catalyst behind XDC’s sharp rally from its YTD low is its successful integration with LayerZero, which went live on July 9. This upgrade enables zero-slippage bridging of XDC to major ecosystems like Ethereum and Solana, backed by $2.9 billion worth of gas tokens. It has not only fueled speculative interest but also boosted long-term, use-case-driven accumulation.
2. Institutional adoption and regulatory alignment
XDC is also gaining traction in the institutional space. The 21Shares XDC Network ETP officially launched and began trading on Euronext Amsterdam and Paris earlier this month. In addition, XDC has made a significant step toward aligning with the EU’s MiCA framework by forming a strategic partnership with Archax — a regulated digital asset exchange and custodian.
