💥 Gate Square Event: #PostToWinCC 💥
Post original content on Gate Square related to Canton Network (CC) or its ongoing campaigns for a chance to share 3,334 CC rewards!
📅 Event Period:
Nov 10, 2025, 10:00 – Nov 17, 2025, 16:00 (UTC)
📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
CandyDrop: https://www.gate.com/announcements/article/48092
Earn: https://www.gate.com/announcements/article/48119
📌 How to Participate:
1️⃣ Post original content about Canton (CC) or its campaigns on Gate Square.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostTo
Can XCN Break Through $0.1816? Here's What On-Chain Data and Technical Setup Tell Us
The Setup
Onyxcoin has been on a tear lately—up 1,200% in a month, currently trading around $0.03025 after bouncing from $0.018 lows. Market cap sits at $931.4M with $135.31M in daily volume. But the real question traders are asking: is this the start of something bigger, or just another pump?
The technical picture suggests the former. On the 4-hour chart, XCN is holding a symmetrical triangle formation with decreasing volatility—a classic setup that often precedes explosive moves. Analyst Natalie Dormer spotted a reverse head-and-shoulders on the 1-hour alongside a bullish flag, both pointing to a potential breakout toward $0.034 and higher.
What’s Fueling the Rally?
It’s not just hype. The XCN Ledger—a Layer 3 blockchain network launching under the Onyx Protocol—just went live. This isn’t fluff: the network offers sub-second confirmations, near-zero transaction fees, and full EIP-1559 integration. XCN is the native gas token, meaning deflationary mechanics are baked in. Every transaction burns supply, creating structural upside pressure.
Historically, XCN peaked at $0.1841 in May 2022. The 3-year high sits around $0.045–$0.050 (hit in late January). If bulls can crack resistance and sustain volume, analyst Javon Marks reckons a 500% rally to $0.1816 by end of 2025 is plausible.
The Long Game
Here’s where it gets spicy:
Obviously, these are best-case scenarios. Volatility is real—last week XCN dropped 17.3% from $0.0365 to $0.021.
The Bottom Line
XCN has solid fundamentals (Layer 3 infrastructure, burn mechanics) meeting bullish technical setup (symmetrical triangle, decreasing volatility). $0.1816 in 2025 is the consensus bull target if momentum holds and adoption accelerates. Watch the $0.034 level—break it clean and the next leg up looks probable.