This pump for Onyxcoin (XCN) Crypto is not something out of the ordinary. It’s actually expected, as XCN has been holding strong support for months.

Once market conditions aligned, Onyxcoin pumped over 25% over the last 7 days. Despite this, Bitcoin’s pushing close to 120k now, and a lot of investors feel altcoins are just lagging. The big question is, is it just the start for XCN?

Onyxcoin (XCN) Crypto: Ready for a Bigger Breakout?

(Source)

XCN Crypto is in the right direction for a breakout. This chart shows Onyxcoin making a bullish flag. For a while, the price was moving sideways, kind of just chilling under the 0.015 mark. But then it started to pick up speed around July 11th, and then it popped off with a strong breakout above 0.018.

If the price breaks above $0.01785 with some real volume behind it, that’s a solid sign that the bulls are standing on business, and we could see it push up to around $0.0185 to $0.019 in the short run. But if it can’t hold that $0.017 zone, don’t be surprised if it dips back to $0.0165 to catch some buyers and regroup.

Onyxcoin was in a straight-up downtrend from mid-2022 into late 2023, like, a full-on nosedive. But then, boom, around late 2023, that trendline got broken, and buyers stepped in heavy. Since that breakout, the price has been cooking with higher highs and higher lows.

Onyx Points for XCN Stakers & Gas-Free Wallet

The proposal to roll out Onyx Points for XCN stakers and launch the Gas-Free Wallet is basically a done deal. Over 77% of the community is backing it, and nobody’s against it. This proposal has received strong support from the community.

The idea is to hook users up with rewards for doing stuff on-chain. The points system keeps it real with a gamified, transparent setup built straight into the Onyx dApp.

The wallet is ready to launch too; it’s packed with dope features like Thirdweb tools, passkey login, and even easy sign-ins with your phone, Google, or Apple. Basically, it’s made to feel smooth like Web2 but powered by Web3. They’re clearly trying to level up user experience and bring more people into the ecosystem.

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EXPLORE: 20+ Next Crypto to Explode in 2025

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Key Takeaways

  • Onyxcoin (XCN) surged 25%, breaking key resistance around $0.018; sustained volume above $0.01785 signals potential for further short-term upside.
  • Community-approved Onyx Points rewards and Gas-Free Wallet aim to boost ecosystem adoption with gamified incentives and smooth, Web2-like user experiences.

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Ahmed Balaha
Ahmed Balaha
Crypto Journalist

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. He has a strong interest in financial literacy and sustainable investing, and he combines these... Read More

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