XDC Network (XDC) Price Surges 10% on New Partnerships Designed to Boost Adoption

After a week of consolidation, XDC made a strong move upward, fueled by new partnerships designed to boost adoption.

After a week of consolidating above the $0.07 level, XDC Network (XDC) price made a strong move upward on Monday.

According to data from Crypto.news, XDC surged by 10% to hit an intraday high of $0.072 during the afternoon trading session in Asia. This breakout pushed it past the $0.70 resistance that had held for the past week.

At the time of writing, XDC’s market cap stood at over $1.1 billion, while daily trading volume spiked 25%, hovering near $40 million.

XDC’s gains today came as crypto investors reacted positively to the news of the latest partnership with Mercado Bitcoin, one of Brazil’s largest cryptocurrency exchanges.

The two firms have teamed up to expand the real-world asset token market.

XDC Network will be providing the blockchain infrastructure for MB’s tokenized investment products, aiming to bring them to a global audience.

According to data aggregator RWA.xyz, the total market cap of RWA tokens, excluding stablecoins, stands at $18.3 billion.

Investors are looking at this move by Mercado Bitcoin and XDC Network as a step toward wider institutional adoption of tokenized assets.

Another major development driving gains for XDC is the launch of the XDC Payments Program in Seoul.

This initiative, a partnership with PlugAndPlay APAC, will connect Korea’s top Web3 startups, developers, and innovators with XDC Network’s enterprise-grade blockchain solutions.

Given South Korea’s booming blockchain ecosystem, this launch is expected to drive further adoption and visibility for XDC.

PlugAndPlay has also announced the first-ever XDC Network RWA Accelerator, which is set to launch on March 18, 2025. Out of 100 applicants, 11 top projects have been selected to integrate with XDC Network, pioneering new use cases in RWA tokenization.

XDC price analysis

Technical indicators suggest the XDC could see more gains over the coming days.

On the 4-hour USDT chart, XDC has broken past the $0.70 resistance level that held for the past week. It also looks like it’s gearing up for a major bullish reversal, as it’s on the verge of breaking out of the descending parallel channel it’s been stuck in for nearly five weeks. If it clears this level with strong momentum, we could see a solid uptrend forming.

The Aroon Up indicator is at 92.86%, while the Aroon Down sits at 42.86%, confirming strong buying pressure and signaling a dominant bullish trend. On top of that, the MACD lines are pointing upward, indicating that buying momentum is outweighing selling pressure, further supporting the bullish outlook.

If XDC breaks above the descending parallel channel, it is expected to continue its rally to test the $0.080 psychological resistance level. A successful breakout above this level could push the altcoin even higher, potentially retesting the $0.103 level it last reached in mid-February this year.

At press time, XDC was up 6.3%, exchanging hands at $0.70 per coin.