CRYPTO

Why does the price of the XDC network rise?

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The price of XDC today increased by 3 %, which puts it between the three best rapine in the market. When writing, it is traded at $ 0.07002. The last price batch comes with interest growth on new developments that include Xdc and Hedra (HBAR), especially after the Web3 event in Dubai. Although there is no official partnership between the two, their shared appearance has people talking about the potential cooperation in the Blockchain Enterprise space.

Crypto researcher, which was published on X (previously Twitter) that both Xdc and Hedera were shown at the Web3 Iftar network in Dubai. There is no confirmation of any official alliance, but their presence in the same event raised curiosity about what could come after that, especially given its similar focus on the cases of Blockchain use in the real world.

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Both projects already have strong relationships with the United Arab Emirates. HEDERA technology is used by DIFC courts in Dubai to manage inheritance records through the HEDERA consensus service (HCS), as well as by ICCA to verify certificates. Meanwhile, XDC has made a partnership with COMTECH at the Dubai Multi -commodity Center (DMCC) and is used by SBI to support trade between Japan and the United Arab Emirates.

The gains of asset integration in the real world

The role of the XDC network in numbering trade financing was emphasized by its availability on Sucuritize, a symbolic platform backed by Blackrock. This inclusion places XDC between a few digital assets specified with infrastructure for institutional finance.

SUCURITIZE received great support from Blackrock earlier this year, giving projects like XDC more exposure to organized distinctive assets. This development raised clarity on the realistic use of XDC in commercial and financial documents across the border.

Also read: Prediction at XRP price for today (April 6)

The XDC’s artistic structure indicates a rise

The scheme analysis shows the XDC collapse price of the falling spoiled pattern, which historically indicates the possible reflections of the direction. The price move higher than the SIA moving average for the first time for the first time in weeks.

RSI also recovers, climbing towards neutral levels. The price is about 0.072 dollars resistance, with other goals between $ 0.09 and $ 0.14 if the bullish momentum continues. Support remains near 0.065 – 0.067 dollars.

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The XDC market is answered to the ecosystem momentum

The recent overlap of the participation of Xdc and Hedra in the same events based on the United Arab Emirates encourages the strongest speculation of cooperation between the two networks. Although there are no official ads; The joint focus affects the infrastructure at the level of institutions and institutional partnerships on the current prices of prices.

With both projects associated with the use of government and the private sector in the United Arab Emirates, investor morale on DLT applications appears to be enhanced. As of writing, the XDC price continues in the upper direction, With the support of both technical signs and developments in the real world.

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