Onyxcoin (XCN) is the novel token of the Onyx Protocol. The digital asset has emerged as a compelling player in the decentralised financial (DeFi) and blockchain spaces.
With its recent price surges and growing adoption, investors are asking: Can Onyxcoin (XCN) reach $1 in 2025?
In this article, Crypto Guide GH explores XCN’s potential and market dynamics. We will also examine the challenges and provide you with a balanced perspective on the cryptocurrency’s price outlook.
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What Is Onyxcoin (XCN)?
Onyxcoin (XCN) is a utility and governance token powering the Onyx Protocol. Built on Ethereum, this protocol is a DeFi platform, which facilitates peer-to-peer (P2P) lending, borrowing, and asset tokenisation.
XCN enables staking, governance voting, and access to premium features. Low-cost transactions and smart contract functionality are among some of the notable features. Aside from Ethereum, Onyxcoin operates on multiple blockchains, including Onyx, Base, and Binance Smart Chain. This ensures XCN interoperability and scalability.
XCN commanded a trading price of $0.01952. The token had a market value of around $650 million and a circulating supply of 33 billion tokens. The digital currency reached an all-time high (ATH) price of $0.1841 in 2022. Recent surges of multiple percentage gains in 2025 have fuelled speculation about the future.
Why Is Onyxcoin Gaining Traction?
Onyxcoin is gaining traction on CoinMarketCap, CoinGecko, and other price trackers because of the following factors.
DeFi and Enterprise Use Cases
Onyx Protocol is focused on enterprise-grade blockchain solutions. This includes asset tokenisation and lending. Involvement in these areas within the blockchain-based economy positions XCN for real-world adoption. Being backed by major firms such as Citigroup, NASDAQ, and Visa enhances the project’s credibility in a saturated market.
Community and Governance
The Onyx DAO’s transparent governance model, with on-chain voting via XCN, fosters community engagement. Posts on X (formerly Twitter) highlight Onyx’s “enterprise-grade smart contracts” and “leaner tokenomics” as drivers of bullish sentiment.
Market Momentum
XCN’s 750% return over the past five months since the start of 2025 has made it a trendy token. Despite stiff competition, multiple percentage gains have seen XCN remain relevant and break into the top 150 digital assets in terms of market capitalisation. These statistics signal strong investor confidence, especially amid a recovering crypto market.
Can Onyxcoin Reach $1 in 2025?
Onyxcoin could hit $1 in 2025, but it would be hard to do so. For Onyx to reach $1, it would require a 60 times increase from XCN’s current $0.01952 price.
The achievement will take the project’s market capitalisation of approximately $650 million as at publication to a staggering $32.6 billion.
Despite the extremely bullish forecasts of many analysts, let’s examine the positive and bearish scenarios that could see XCN reach $1.
Bullish Case for Onyxcoin (XCN) Reaching $1
Adoption and Partnerships
Increased adoption of Onyx Protocol by businesses and financial institutions could drive demand for XCN. Aside from adoption, staking and major exchange listings are the other drivers of a cryptocurrency’s price.
As of May 2025, XCN is supported by about 15 centralised and decentralised exchanges. This excludes some of the biggest trading platforms by periodic volume, such as Echobit, SuperEx, Binance, and Coinbase. As the token continues to break boundaries with the crypto economy, there is a giant chance that these exchanges will lend their support to XCN. These major listings will improve the liquidity of XCN significantly. The resultant effect of these moves will undoubtedly be substantial gains for Onyxcoin token holders.
Staking plays an integral role in modern crypto trading. Onyxcoin is still gaining ground within the crypto economy. As price heads north, exchanges with a strong staking presence, like Binance and Coinbase, can add XCN to their staking services. The move will improve the overall staking market capitalisation of Proof-of-Stake (PoS) tokens. In addition to this, many traders will get the chance to see above-average annual percentage yields (APYs).
All these will improve XCN’s price and make it a large-cap digital asset.
Technical Breakout
Technical analysis shows XCN breaking multi-EMA resistances and forming a five-wave impulse with wave five targeting $0.0379. Sustained momentum could push prices toward $0.05–$0.083 in the last quarter of 2025, according to Telegaon analysts. A broader bull run could amplify gains.
Market Cap Feasibility
A $32.6 billion market cap is within the realm of top-20 cryptocurrencies like Cardano (ADA) or Avalanche (AVAX). If XCN captures a larger share of the growing DeFi market, projected to reach $350 billion by 2030, a significant price surge is plausible.
Optimistic Forecast
CryptoRank suggests XCN could hit $1.25 in 2025 under ideal conditions. Analysts at the prediction portal believe ecosystem upgrades and market enthusiasm can see the token reach new milestones in the near term. Hashtag threads on the digital token speculate a monstrously bullish run toward $0.50–$1 if trading volume sustains amid partnerships, exchange listings, and staking services.
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Bearish Case Against Onyxcoin (XCN) Reaching $1
Market Cap Challenges
A $32.6 billion valuation requires unprecedented demand. Attaining such valuation may be hindered by XCN’s niche DeFi focus. Most analysts, including those at Techopedia, predict a maximum of $0.055 in 2025. This is far away from $1.
Volatility and Corrections
XCNs, like all cryptocurrencies, have a history of sharp corrections. This suggests vulnerability to profit-taking from traders who are not interested in playing the long-term game. A bearish market could push prices to $0.003 before the end of the year, CryptoRank suggests.
Competition
XCN faces competition from established DeFi tokens like Aave (AAVE), Compound (COMP), Uniswap (UNI), Algorand (ALGO), and Maker (MKR). What’s more, Onyxcoin is not a new cryptocurrency. It has been in the market for some time now. As you know too well, many people gravitate towards new tokens. These obstacles can prevent XCN from realising its potential of breaching $1 in the near term.
Regulatory Risks
Stricter crypto regulations could limit XCN’s operations, deterring investors and capping price growth.
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Onyxcoin (XCN) Price Predictions for 2025
Analyst forecasts for XCN in 2025 vary, reflecting its volatility.
CoinCodex analysts estimate Onyxcoin to trade for an average price of $0.027 and the best possible price of $0.059.
Those at Telegaon foresee XCN exchanging hands for an average trading price of $0.051, the least possible price of $0.034, and the highest possible price of $0.083. Among them,
CryptoRank is the most optimistic. Combining fundamental and technical analysis, experts forecast Onyxcoin to reach a potential new all-time high price of $1.25.
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Should You Invest in Onyxcoin?
Investing in XCN offers high-reward potential but significant risks. Onyxcoin has enormous growth potential. The token’s low price and recent 750% surge make it attractive for short-term traders. A rise to $0.05 could yield more returns in the near, medium, and long terms.
Moreover, the crypto asset thrives on the strength of its ecosystem. Onyx’s focus on DeFi and enterprise solutions, backed by major investors, suggests long-term viability.
That said, cryptocurrency, like all digital assets, is privy to high volatility. XCN’s price swings make it unsuitable for risk-averse investors.
Moreover, even with a robust underlying infrastructure supporting the token, market sentiment, not fundamentals, significantly influences XCN’s value. This could result in sharp declines in its value.
Additionally, there are regulatory issues, unfavourable regulation could impact XCN’s growth.
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Investment Strategy for Onyxcoin Traders
Small Allocation: Invest only what you can afford to lose, given XCN’s volatility.
Short-Term Trading: Capitalise on hype-driven surges by monitoring X and major exchange listings. Do not take your eyes off that.
Diversification: Balance XCN with DeFi, metaverse, and memecoins to mitigate risk.
Technical Monitoring: You can adopt technical tools to help you monitor support levels for entry points and resistance for exits.
Conclusion: Is Onyxcoin (XCN) a good investment?
Indeed, Onyxcoin presents a favourable investment opportunity for traders and investors seeking long-term gains. Onyxcoin (XCN) is a promising DeFi token with strong fundamentals and recent momentum. Despite this, it is unlikely that Onyxcoin will reach $1 in 2025.
While bullish scenarios suggest $0.05 to $1.25 is achievable, a 60 times surge to $1 from its price as at publication would require extraordinary adoption and market conditions.
Investors should approach XCN as a high-risk, high-reward opportunity. This is mostly ideal for short-term trading rather than long-term holding.
As with any crypto trading, always conduct thorough research, monitor market trends, and be prepared to risk what you can afford to lose.
Onyxcoin has transformed the investment portfolios of many traders and could be the missing asset for diversifying yours.