Onyxcoin

Onyxcoin (XCN) is the native asset that powers the Onyx family of cryptographic ledgers, a set of blockchain systems built to move and settle multiple asset types securely and at scale. XCN's primary role is functional rather than speculative: it is used for staking and governance, giving holders a voice in how the protocol evolves while helping to secure the network.

What is Onyxcoin (XCN)?

Onyx describes itself as infrastructure for a multi-asset, scalable and cryptographically secure ledger. The broader goal is to make financial ecosystems more interconnected and efficient by providing ledgers that balance three often-competing properties: security, scalability and usability. XCN is native to both the Onyx XCN Ledger Blockchain and the Onyx Goliath Blockchain, and it also exists as an ERC-20 token so it can circulate across Ethereum-compatible environments.

How does Onyxcoin work?

XCN is categorized as a Proof of Stake (PoS) asset tied to a smart-contract platform. Under a PoS design, participants lock up tokens to help validate transactions and secure the chain, rather than relying on the energy-intensive mining used by Proof of Work coins. Because XCN is deployed as an ERC-20 token, it can be staked for network functions and used to submit and vote on governance proposals. Its presence across the Ethereum, BNB Chain and Base ecosystems means the same token can be recognized by wallets and applications on several networks.

Onyxcoin tokenomics and supply

XCN has a large token supply, which is common for infrastructure tokens intended to be used in high volumes rather than held in tiny fractions. Roughly 38.8 billion XCN are in circulation, out of a total of about 53.4 billion and a maximum cap of roughly 68.9 billion tokens. The gap between circulating and maximum supply signals that additional tokens can still enter the market over time, which is worth understanding before forming a view on scarcity.

• Circulating supply: about 38.8 billion XCN
• Total supply: about 53.4 billion XCN
• Maximum supply: about 68.9 billion XCN
• All-time high: $0.1841; all-time low: $0.0007055

What is Onyxcoin used for?

The token has two core utilities. First, staking, where holders commit XCN to support network operations. Second, governance, where XCN acts as a voting instrument for protocol decisions. For anyone evaluating the project, the value proposition rests on adoption of the Onyx ledgers as financial infrastructure rather than on consumer-facing hype.

Where to buy Onyxcoin

XCN is listed on a range of centralized and decentralized venues. Consult our best crypto exchanges ranking to compare fees, liquidity and jurisdiction support before choosing a platform. Because XCN is an ERC-20 token, it can be held in most Ethereum-compatible wallets; see our best crypto wallets guide for self-custody options that let you retain control of your keys.

Is Onyxcoin a good investment?

XCN is a small-to-mid-cap asset ranked around 201, and like most tokens outside the top tier it can be highly volatile. Its distance from the all-time high, combined with a supply that is not yet fully circulating, means price swings can be sharp. This article is not financial advice. Assess the team's delivery, real ledger usage and your own risk tolerance before acting.