Onyxcoin (XCN) Captures Market Attention Following the Highly Anticipated Launch of Its Goliath Mainnet

Onyxcoin (XCN), a decentralized finance (DeFi) project, has captured market attention following the highly anticipated launch of its Goliath mainnet, a high-performance modular blockchain marking its transition

Onyxcoin (XCN) price has soared 49.56% in the past 24 hours to $0.02397. The DeFi project’s native token also surged 174.77% over the past week as it transitions from a Layer 3 solution to a fully independent Layer 1 infrastructure with the launch of its new Goliath mainnet.

Onyxcoin Is Heating Up As It Reaches Visa-Like Speeds

The highly anticipated moment arrived on April 10 with the launch of the new mainnet, aiming to drastically improve scalability and speed, ambitions to reach levels comparable to traditional payment networks like Visa, which processes around 24,000 transactions per second (TPS).

Earlier versions of Onyxcoin used a hybrid Proof-of-Work/Proof-of-Stake consensus model, but Goliath introduces a pure Proof-of-Stake model for even more robust and sustainable performance.

While the community eagerly awaits confirmation that such speeds can be achieved in a truly decentralized environment, the narrative has sparked enthusiasm among developers and investors. A post on X (formerly Twitter) by blockchain developer igorwillcode went viral, garnering over 2 million views and 6,400 retweets.

The post highlighted the stark difference between the hype surrounding new, fast-moving blockchains like Aptos (CRYPTO: APT) and the lack of attention on Onyxcoin despite its potential for handling a high volume of transactions like Visa.

"This is huge!Bountiful harvests await those who persevere.DeFi projects like Onyxcoin, recognized by the masses yet still undervalued. We're talking 3,902 active addresses today, compared to Aptos's 144.And it can handle 24k TPS, like Visa. But no one is talking about it!," the developer stated.

The post sparked a chain of reactions, with several analysts and crypto influencers joining the conversation and monitoring Goliath’s performance benchmarks more closely.

The launch impact was immediate. Onyxcoin is currently trading at $0.02397, with a 49.56% surge in the past 24 hours and a staggering 174.77% rise over the past week. At the same time, daily trading volume ballooned to $628 million, up from just $25 million earlier this week.

The crypto project also saw 3,902 active wallet addresses on April 11, highlighting a substantial uptick in user engagement.

Moreover, Binance (NASDAQ:BNB) announced the upcoming listing of XCN futures for this Friday. Still, futures traders remain cautious: a negative funding rate of -0.5648% suggests bearish pressure in the short term, which could trigger abrupt liquidations if long positions are forced to close.

Finally, thanks to this wave of enthusiasm, Onyxcoin has successfully reentered the top 100 most valuable cryptocurrencies by market capitalization. In just 24 hours, XCN added more than $300 million in value, a clear sign that its technological vision is resonating across the crypto ecosystem. With Goliath now at its core, and a growing community backing its momentum, the project is positioning itself as a key player in the next wave of blockchain innovation.