OnyxCoin: Is It a Value Trap or an Undervalued Gem? 2025 Full Prediction Breakdown

What is the protocol behind Onyxcoin?

Onyx Protocol is a Layer 3 blockchain built on top of Arbitrum Orbit and Coinbase Base. Its main goal is to provide a high-throughput, low-cost, customizable on-chain operating environment. Compared to traditional Layer 1 and Layer 2, Onyx is more like a “DApp chain factory,” allowing developers to deploy exclusive DApp chains while inheriting the security of Ethereum.

It is not only suitable for DeFi, but also for real-world assets (RWA), games, enterprise chainization, and other scenarios, it is a true Web3 infrastructure innovation.

What unique advantages does XCN have?

Image:https://app.onyx.org/#/stake

Onyxcoin (XCN) is not just a token for paying gas, but also shoulders multiple key roles:

• Governance token: Holders can participate in the decision-making of Onyx DAO, such as protocol upgrades, adjusting economic parameters;
• Network Security: XCN can be used for staking, supporting network security and consensus mechanisms;
• Development incentive: The Onyx program incentivizes early developers and ecosystem participants through XCN;
• Cross-chain compatibility: XCN has been bridged to mainstream chains such as Base and BSC, with good liquidity and interoperability.

In addition, Onyx adopts the EIP-1559 burning mechanism, giving XCN the potential deflationary property.

Current price and token distribution

Image:https://www.Gate.com/trade/XCN_USDT

As of May 14, 2025, the market price of XCN is around 0.017 USD. There has been a significant retracement from its historical high, but its circulating market value still remains at a moderate level, demonstrating a certain resilience to declines.

Future development trends and price predictions

The development potential of Onyxcoin is reflected in the comprehensive aspects of technology, ecology, and market in the following points:

1. Layer 3 concept heats up: as the Layer 2 market gradually becomes crowded, Layer 3 will be the next scaling focus, with Onyx having the first-mover advantage as an early adopter;
2. AI and DePIN integration potential: Onyx’s roadmap has already planned the integration of artificial intelligence and real-world physical infrastructure (DePIN), which will expand the application boundaries;
3. DAO governance is gradually maturing: community-driven governance structure will increase user stickiness and ecosystem activity;
4. Deep cooperation with Coinbase: Base, as its settlement layer, enhances compliance and institutional connectivity possibilities.

Based on the above trend, if Onyx can gradually achieve its ecological goals, XCN is expected to rise to the range of 0.04 - 0.06 US dollars in the second half of 2025, and even challenge the key psychological level of 0.1 US dollars in the long term.

Of course, the premise is that the overall trend of the crypto market is positive, and the project itself continues to make progress in implementation.

Investment advice: Opportunities and risks coexist

Onyxcoin is a typical ‘infrastructure-type token’ suitable for investors with a long-term perspective. However, the following risks should also be noted:

• Slow progress in technical implementation: If the deployment speed of DApps is slower than expected, it may affect market enthusiasm;
• Immature DAO governance: Lack of early community participation may affect governance efficiency;
• Lack of market attention: Compared to popular MEME projects, XCN has not yet formed a strong narrative.
• Macroeconomic Uncertainty: Policy and liquidity changes in the crypto market may still cause dramatic price fluctuations.