XDC Network Token Prices have skyrocketed above $0.10 after Binance.US Listing News. The token price has since fallen, but it still holds stronger than the main support at $0.085. Basics like Layerzero and ETP burn up the uptrend.
The XDC network has gained traction in recent weeks, and the latest list on Binance.us is only amplifying interest in the growing market.
After months of steady progress, the blockchain project is now in the spotlight with sharp price movements and new investors’ trust.
Binance US Listings send a surge in XDC prices
On July 30th, Binance.US officially opened a deal for the XDC/USDT pair, following a short deposit window that allowed users to prepare their accounts in advance.
The announcement, made on July 29, dramatically increased the price of XDCs, with tokens exceeding 11% within 24 hours. It climbed from about $0.08985 and easily surpassed the resistance of key $0.10, peaking nearly $0.10, at nearly $0.167.
The move wasn’t just speculative hype. The breakout is supported by consistent trading volumes and stable formations with higher and lower prices, indicating that buyers are intervening rather than leaving the market.
The surge through the psychological $0.10 level shows a return of bullish emotions, and could set the stage for even more profits if momentum continues.
A healthy pullback hints at strategic entries
Despite the initial meeting, XDC went through a modest retracement after touching on the $0.10 mark.
However, dips are primarily seen as healthy corrections within the wider uptrend.
Importantly, the tokens have far surpassed the 20-day exponential moving average and have consistently served as dynamic support during recent gatherings.
Prices are currently around the $0.098 mark, with regions between $0.085 and $0.088 appearing as important support zones. This area is consistent with previous resistance and trendline support, and is at a strong demand level.
If the buyer defends this zone, the token will attempt another attempt beyond the recent high, potentially targeting $0.105 or $0.115 in the short term.
A strong basic drives upward trends
The recent price movement has not happened on its own.
Several powerful fundamental factors strengthen the XDC’s upward momentum. The chief of these is that it will be successful in integrating with Layerzero, which was released on July 9th.
This cross-chain upgrade allows seamless, zero-slip transfers between XDC and major networks such as Ethereum and Solana. This greatly improved the usefulness and interoperability of XDC, making it more attractive to both developers and long-term investors.
Furthermore, there is growing institutional interest in XDC. The launch of the 21Shares XDC ETP in Euronext Amsterdam and Paris earlier this month marked a major milestone in XDC’s mainstream adoption journey.
Additionally, the partnership with Archax, a regulated digital stock exchange, fully positions XDC for EU market-based compliance of the Crypto-Assets (MICA) framework, demonstrating regulatory expectations and integrity.
What traders should keep an eye on next
With the Binance.US listing being live, traders are closely watching how the market reacts in the days after the event.
Early price spikes are common during major listings, but sustained growth depends on volume retention and broader market sentiment.
XDC’s ability to maintain support beyond the $0.085 zone is important in determining the short-term direction.
If buyers continue to adhere to this level and the broader crypto market remains stable, XDC can quickly challenge the next level of resistance at $0.11 and $0.12.
However, failing to maintain critical support could open the door for retesting the $0.080 area.
For now, current dips could be a potential visor dipping opportunity within a strong uptrend.
