XDC, the native cryptocurrency of the XDC Network, surged by 85% from $0.03268 to $0.0604, marking its highest price in 2023. However, the price has since dropped to $0.05152, leading to concerns about its ability to retest the $0.06 high.<\/p>\n
XDC is showing strong bullish momentum, currently trading 57.9% higher this week and experiencing a 55% surge in the past month. Moreover, the altcoin has witnessed an impressive 78% increase over the last six months and is currently trading 104% above its January 1 opening.<\/p>\n
Despite impressive trading volume of $26,008,149, which has surged by 51% in the past 24 hours, the token continues to draw increased interest, with hopes of maintaining the momentum in the long term.<\/p>\n
The token’s price surge follows the blockchain project’s partnership with Japan-based crypto trading company SBI VC Trade<\/a> to sponsor the WebX 2023<\/a> event.<\/p>\n XDC Network<\/a>, a crypto firm, revealed its Gold Sponsorship of a major Japanese event organized by Coin Post, a prominent crypto news outlet in East Asia, through a tweet on July 20.<\/p>\n XDC Network is thrilled to announce that we are a Gold Sponsor of @WebX_Asia<\/a> organized by @coin_post<\/a> , a premier event in Japan! 🇯🇵 <\/p>\n After the strategic partnership with @sbivc_official<\/a>, this sponsorship will further enhance our presence in the Japanese market, and we can't wait… pic.twitter.com\/KnKG2mSUrf<\/a><\/p>\n — XinFin (@XinFin_Official) July 20, 2023<\/a><\/p><\/blockquote>\n\n