Onyxcoin (XCN) Price Prediction 2025-2050 Overview

Onyx is a Web3 blockchain infrastructure designed to help organizations build better financial services from the ground up. Its native token, Onyxcoin, serves as both the governance and utility token for the network, operating through the Ethereum blockchain.

The Onyx Protocol is a multi-asset, cryptographic ledger designed to support the coexistence and interoperability of various independent networks. These networks can share a common format and functionality while being operated separately. By applying the principle of least authority, the protocol separates control over assets from control over ledger synchronization.

The Onyx Protocol enables network participants to define and create assets through custom “issuance programs.” Once these assets are issued, they are governed by “control programs,” which are written in a flexible, Turing-complete programming language that allows for the creation of complex smart contracts. The security of each network is maintained by a federation of “block signers,” ensuring protection against forks as long as a quorum of signers adheres to the protocol. For efficiency, block creation is delegated to a single “block generator,” while any node in the network can validate blocks and submit transactions.

The native token of the Onyx network is called Onyxcoin (XCN). It serves dual purposes: governance and utility. Holders of XCN can participate in the decision-making process for the network's development and direction. Additionally, XCN is used to pay transaction fees on the network, ensuring the smooth and efficient functioning of the blockchain.

A technical analysis of XCN's price chart reveals that buyers are showing interest in the token as it tests the upper Bollinger band, indicating overbought conditions. The RSI also supports this notion, displaying a value of 89, which signifies that the market is overbought. This suggests that a market correction might occur soon, potentially causing XCN to lose value. However, given that this marks the beginning of the bull run, XCN could still experience gains after a market correction. With that in mind, the token might reach as high as $0.15, and by the end of 2025, it could cross the $1.25 mark.

Despite XCN's current consolidation, it is expected to make a strong recovery in 2025, reaching as high as $1.25.

As per the market cycle, after a prolonged bull run, the bears are expected to enter the scene and begin to negatively impact cryptocurrencies. During this bearish sentiment, Onyxcoin could tumble into its support regions. During this period of price correction, XCN could lose momentum and trade far below its 2025 price, potentially reaching $2 by 2026.

During this period, the market would be recovering from the deep wounds of the bear. With traders being hesitant, there might not be much movement in the market, as it consolidates. As such, we could expect Onyxcoin (XCN) to trade at around $3.25 by the end of 2027.

As the crypto community's hope will be re-ignited looking forward to Bitcoin halving like many altcoins, Onyxcoin may reciprocate its past behavior during the BTC halving. Hence, Onyxcoin (XCN) would be trading at $5.50 after experiencing a considerable surge by the end of 2028.

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment, Onyxcoin (XCN) could be trading at $10.50 by the end of 2029.

After witnessing a bullish run in the market, Onyxcoin and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, Onyxcoin (XCN) could be trading at $5.5.

The long-term forecast for Onyxcoin Indicates that this altcoin could reach a new all-time high (ATH). This would be one of the key moments as HODLERS may expect to sell some of their Coins at the ATH point. If they start selling then Onyxcoin Could fall in value. It is expected that the average price of Onyxcoin (XCN) could reach $18 by 2040.

Since Cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such Onyxcoin (XCN) could reach $35.