XCN令牌：它是什麼，它可以繼續飆升到新的高點嗎？

雖然比特幣（BTC）最近幾個月占據了加密頭條新聞，但在過去六個月中，超過了心理意義的$ 10萬美元，超過50％

As Bitcoin (BTC) price action dominated crypto headlines in recent months, smashing past the psychologically significant $100K mark and surging more than 50% over the past six months, holders of a lesser-known token have enjoyed significantly more substantial returns.

由於比特幣（BTC）的價格動作佔據了近幾個月的加密標題，在過去六個月中，超過了心理意義的$ 10萬美元，飆升了50％以上，鮮為人知的代幣的持有人獲得了更多的實質性回報。

The Onyx Token (XCN) has skyrocketed an astronomical 1004% year to date and surged 2090% in the past six months, making it one of the crypto market’s standout performers.

迄今為止，Onyx代幣（XCN）持續了1004％的天文數字，在過去的六個月中飆升了2090％，使其成為加密貨幣市場的出色表演者之一。

XCN’s astonishing gains have captured the imagination of crypto enthusiasts and investors. But what exactly is XCN, what problem does it solve for its users, and importantly, can it continue surging to new highs and enriching its holders?

XCN的驚人收益吸引了加密助人和投資者的想像。但是，XCN到底是什麼，它為用戶解決了什麼問題，重要的是，它可以繼續飆升至新的高點並豐富其持有人嗎？

Offering perpetual credit lines

提供永久信用額度

XCN operates on the Ethereum blockchain as a decentralized lending and borrowing platform. At its core is the Onyx Protocol, an underlying mechanism that facilitates peer-to-peer money market lending through transparent smart contracts.

XCN作為分散的貸款和借貸平台在以太坊區塊鏈上運行。其核心是Onyx協議，這是一種基本機制，可促進通過透明的智能合約通過對等貨幣市場貸款。

Users engage with the ecosystem through XCN, the utility and governance token that supports staking, governance participation, and transactions. The decentralized autonomous organization (DAO), known as the Onyx DAO, oversees governance through on-chain voting and manages the Onyx Treasury.

用戶通過XCN，支持Staking，治理參與和交易的實用程序和治理令牌與生態系統互動。被稱為Onyx Dao的分散自治組織（DAO）通過鏈投票監督治理，並管理Onyx財政部。

Users can deposit various digital assets as collateral, unlocking credit lines and borrowing capabilities within the protocol. Yield generation mechanisms, borrowing facilities, reserve factors, and supply and borrow caps are all part of the system.

用戶可以將各種數字資產存放為抵押品，解鎖信用額度和借款能力在協議中。產量產生機制，借貸設施，儲備金因素以及供應和借用帽都是系統的一部分。

XCN and the Onyx Protocol are designed to address various inefficiencies in cross-border payments and traditional lending systems. The core problem that XCN addresses is the inefficiency of traditional lending models.

XCN和ONYX協議旨在解決跨境支付和傳統貸款系統中各種效率低下的問題。 XCN解決的核心問題是傳統貸款模型的效率低下。

Unlike conventional systems, the decentralized mechanism underlying the XCN token enables users to enjoy perpetual credit lines without monthly payments or expiration dates, provided they maintain sufficient collateral. This innovation has the potential to significantly boost liquidity for banks and their customers, considering the volume and scale of transactions in the global banking system.

與傳統系統不同，XCN令牌為基礎的分散機制使用戶能夠享受永久信用額度，而無需每月付款或到期日期，只要他們保持足夠的抵押品。考慮到全球銀行系統中的交易數量和規模，這項創新有可能顯著提高銀行及其客戶的流動性。

Not associated with JP Morgan

與JP Morgan無關

When investing in a crypto project, one of the most crucial factors to consider is the team behind it. The team is responsible for developing the vision, strategy, technology, and execution of the project. A strong team can make or break a crypto project.

在投資加密項目時，要考慮的最關鍵因素之一是背後的團隊。該團隊負責發展項目的願景，戰略，技術和執行。一個強大的團隊可以製定或打破加密項目。

There has been a widespread misconception that XCN is backed by a world class team from JP Morgan, which could have led to the massive price gains the token has recorded in recent months. This confusion arose because Onyx, the name of the token, coincidentally happens to be the former name of JP Morgan’s blockchain business unit.

人們普遍存在誤解XCN得到了JP Morgan的世界一流球隊的支持，這可能導致了近幾個月來錄製的代幣的巨大價格上漲。出現這種混亂之所以出現，是因為on瑪妮（on瑪瑙）的名稱恰好是JP Morgan的區塊鏈業務部門的前名稱。

Onyx was the original name for JP Morgan’s blockchain platform, which in November 2024 rebranded to Kinexys. This strategic business unit was launched to explore the potential of blockchain technology in transforming financial services.

Onyx是JP Morgan的區塊鏈平台的原始名稱，該平台於2024年11月重新命名為Kinexys。該戰略業務部門的成立是為了探索區塊鏈技術在轉型金融服務方面的潛力。

It was the world’s first bank-led blockchain platform and played a significant role in pioneering the use of blockchain in banking.

這是世界上第一個由銀行領導的區塊鏈平台，在開拓銀行鏈使用區塊鏈方面發揮了重要作用。

Kinexys core team consists of some of JP Morgan’s brightest minds in crypto and blockchain. This includes Naveen Mallela, the global co-head of Kinexys and one of its founding members.

Kinexys Core Team由JP Morgan在加密和區塊鏈中最聰明的頭腦組成。其中包括Kinexys的全球共同負責人Naveen Mallala及其創始成員之一。

Mallela has been instrumental in building cornerstone products within the unit and has authored white papers on Central Bank Digital Currencies (CBDCs), shared ledgers, and deposit tokens. Prior to founding Kinexys, he held several roles at JP Morgan, including APAC Head of Digital Payments.

Malala在單元內建造基石產品發揮了作用，並撰寫了中央銀行數字貨幣（CBDC），共享分類帳和存款令牌的白皮書。在創立Kinexys之前，他在JP Morgan擔任過多個職務，包括Apac的數字支付負責人。

Another key figure is Umar Farooq, the Co-Head of Global Payments. This role combines treasury services, trade and working capital, commercial cards, and merchant services to help clients operate across more than 200 countries and territories.

另一個關鍵數字是全球付款聯合負責人Umar Farooq。該角色結合了國庫服務，貿易和營運資本，商業卡和商戶服務，以幫助客戶在200多個國家和地區開展業務。

The business unit is the largest processor of USD payments globally, with a daily transaction volume of around $10 trillion. We covered a story about Farooq when he spoke at the Singapore FinTech Festival in 2021.

業務部門是全球付款的最大處理器，每日交易量約為10萬億美元。我們在2021年在新加坡金融科技節上講話時，介紹了他的故事。

However, this team is not working on XCN nor is it in any way associated with the project – as some investors and speculators had mistakenly thought.

但是，該團隊並未在XCN上工作，也不以任何方式與該項目相關聯 - 正如一些投資者和投機者錯誤地認為的那樣。

Optimism continues

樂觀繼續

While XCN does not in fact enjoy the backing of a behemoth like JP Morgan, analysts expect crypto investors to maintain their bullish stance, potentially supporting further gains in 2025. They cite several factors for this optimism.

儘管XCN實際上並不享受像JP Morgan這樣的龐然大物的支持，但分析師希望加密投資者保持其看漲立場，並有可能在2025年支持進一步的收益。他們引用了這種樂觀主義的幾個因素。

Firstly, the Onyx team has announced plans to unveil the Onyx XCN Ledger, a new blockchain developed in stealth mode. This significant upgrade, scheduled for announcement in early February 2025, will include a comprehensive new whitepaper and is expected to address previous security concerns, including vulnerabilities that led to a $3.8 million hack in November.

首先，Onyx團隊宣布了計劃，揭幕了Onyx XCN Ledger，這是一種以隱形模式開發的新區塊鏈。這次重大升級計劃於2025年2月上旬發布，將包括一份全面的新白皮書，並有望解決以前的安全問題，包括導致11月380萬美元的漏洞。

Secondly, the DAO of the protocol is currently assessing a possible “token burn”. This means they are considering reducing the number of tokens in circulation, which would lower supply and potentially drive up the price.

其次，該協議的DAO目前正在評估可能的“令牌燃燒”。這意味著他們正在考慮減少流通中的令牌數量，這將降低供應並有可能提高價格。

These developments have fueled positive sentiment among investors, who are closely watching XCN’s record rally and potential for further growth. Experts predict that the price could reach

這些事態發展激發了投資者的積極情緒，他們密切關注XCN的記錄集會和進一步增長的潛力。專家預測價格可以達到