XDC Network Sets Record With 27.7M Monthly Transactions; Token Extends Gains

Engagement across XDC Network (XDC) is accelerating as more users and institutions interact with the chain, helping lift the token alongside supportive broader market conditions. On-chain activity has pushed to a new record. Monthly transactions climbed to an all-time high of 27.7 million, marking a 50% increase over the past six months, according to Token Terminal. For context, monthly transactions were around 5 million in early 2020, rose through 2021 and 2022, and have strengthened further since 2024 with frequent readings above 20 million. Institutional participation is also expanding. Clear Street has joined XDC Network as a masternode validator, taking part in block validation, ledger maintenance and network governance. Masternode operators are required to stake at least 10 million XDC. Clear Street Digital CEO Robert Rutherford said compliant public blockchains are becoming part of the capital-markets technology stack, and infrastructure providers should help operate that layer. Clear Street adds to a growing roster of validators. Since April, Animoca Brands, Clearpool, SettleMint and CertiK have also joined the network. XDC was trading around $0.0294 at the time of writing, up 2.38% on the day after notable gains in recent sessions, data from TradingView show. The RSI stood at 69.84, signaling an overbought setup, while the MACD remained positive with the histogram expanding alongside the price rise. Momentum looks bullish in the near term, though an RSI near 70 suggests a pullback or consolidation may follow as volatility cools. Key takeaways: XDC Network monthly transactions reached a record 27.7 million, up 50% in six months, and Clear Street joined as a validator alongside other recent additions.