Should You Buy Onyxcoin in 2025?

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At HelloSafe, our expert has been monitoring the performance of the cryptocurrency Onyxcoin for over three years. Every month, hundreds of thousands of users in Ireland rely on us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical guidelines, HelloSafe has never purchased Onyxcoin nor received compensation from any entities associated with its ecosystem.

Onyxcoin in brief

How much does 1 Onyxcoin cost?

The price of Onyxcoin is rising this week. As of today, Onyxcoin trades at €0.01355, showing a 0.6% increase over the past 24 hours but a decrease of 8.3% over the last week. Its current market capitalisation stands at approximately €459 million, with an average daily trading volume of about €29.7 million over the past three months. Onyxcoin ranks 130th by market cap, with 33.87 billion XCN in circulation and a market dominance of 0.041%. The market remains volatile, so investors should stay attentive to Onyxcoin’s evolving position within the Irish crypto ecosystem.

Our full opinion on the cryptocurrency Onyxcoin

Have we truly measured the momentum brewing beneath Onyxcoin’s recent performance? By analysing Onyxcoin’s latest trends and its evolution across the past three years, we have triangulated insights from on-chain indicators, technical signals, market data and competitive dynamics using our proprietary algorithms. So, why might Onyxcoin re-emerge in 2025 as a strategic entry point into the DeFi lending ecosystem?

Recent Performance and Market Context

Price Evolution

Onyxcoin (XCN), currently trading at $0.01465 (as of 7 June 2025), has experienced robust growth over the last twelve months, expanding by over +621% year-on-year. While short-term volatility persists—reflected by a -8.3% drawdown over the past week, largely considered a healthy technical retracement—XCN remains up +17.1% over the last six months. Intraday metrics continue to trend upward (+0.6%), suggesting sustained demand and active buyer engagement at current levels.

Positive Developments

The year 2025 has been pivotal for Onyxcoin, with the launch of Onyx AI (May 2025), the sXCN liquid staking token, the debut of the Onyx Points NFT rewards system, and a major partnership with Thirdweb enabling gasless smart wallets. These developments not only enrich the user experience, but also significantly broaden the project’s utility and appeal—especially for institutional and retail investors seeking innovative DeFi primitives.

Favourable Macro and Sectoral Backdrop

The DeFi sector continues to attract capital inflows amid ongoing TradFi uncertainty and a macro context that supports risk assets. Onyxcoin’s unique position within multi-chain lending (Ethereum, Base, BNB Smart Chain) and its recent integration of high-value NFTs (e.g., CryptoPunks, BAYC) as collateral reinforce its relevance in an environment hungry for collateral efficiency and composability. Investor sentiment remains notably positive, with Onyxcoin’s community posting a 100% bullish consensus according to leading aggregators.

Technical Analysis

Key Crypto Indicators

• Relative Strength Index (RSI): XCN’s RSI remains in a constructive neutral zone, avoiding overbought signals while showing underlying buying pressure.
• MACD: The MACD indicator has crossed into bullish territory on the daily chart, emphasising the current reversal from recent lows and a positive shift in trend dynamics.
• Moving Averages: Price action consistently holds above the 20-day EMA ($0.014) and approaches the 50-day EMA, indicating durable support and buying interest at key levels.

Support and Bullish Reversal Signals

• Immediate Support: $0.014 serves as a robust, market-validated support zone and has withstood prior correction attempts. This floor is increasingly viewed as a springboard for upward moves.
• Resistance Levels: The $0.018–$0.019 area represents the next major technical hurdle. Overcoming this threshold would likely trigger sizable momentum buying, opening a path toward further gains.

Favourable Short/Mid Term Structure

• Price Structure: After reaching a historic bottom in October 2023 ($0.0007), XCN has multiplied nearly 20-fold, with price recovering from local consolidations and forming higher lows—a classic marker of bullish continuation.
• Volume Profile: Sustained 24h average trading volume ($32.13M) reflects deep liquidity, low slippage for larger positions, and vibrant market activity.

Fundamental Analysis

Expanding Adoption and Strategic Partnerships

• Launch of autonomous DeFi management via Onyx AI, increasing automation and functional appeal.
• Thirdweb partnership delivering seamless, gasless user onboarding—a game-changer for both UX and cost efficiency.
• Staking innovations (sXCN) enabling flexible yield strategies and increasing user lock-in.
• NFT-backed lending options broadening collateral sources and targeting blue-chip NFT holders.

Attractive Relative Valuation

• Market Capitalisation: At $496M, XCN maintains significant capacity for upside versus more mature DeFi incumbents (e.g., Aave, Compound), especially considering a conservative FDV/cap ratio (69.95%).
• Token Circulation: With 33.87B circulating out of 48.4B max supply, XCN’s diluted impact remains well-managed. Staking mechanisms further reduce effective free float.

Structural Advantages

• Layer-3 EVM Blockchain: The newly launched XCN Ledger (Layer-3, Arbitrum Orbit) allows scalable, efficient DeFi execution and future-proofs the protocol against network congestion.
• DAO Governance: Responsive, decentralised management ensures adaptability and community-aligned evolution.
• Ecosystem Breadth: Multi-chain deployment, partnerships with institutional-grade players, and agnostic support for leading NFT assets (e.g., CryptoPunks, BAYC) all deepen Onyxcoin’s moat.

Volume and Liquidity

• XCN’s daily volume in excess of $32M underpins deep liquidity—an essential attribute for institutional-grade investment.
• Trading spans over 156 exchanges, including tier-1 venues (Coinbase, Kraken, KuCoin), guaranteeing global access and exit liquidity.
• XCN’s market cap now places it among the major DeFi capitalisations, reinforcing visibility and credibility within the asset class.

Dominance and Competitive Positioning

Onyxcoin’s dual focus on DeFi lending/borrowing and NFT collateralisation sharply differentiates it from first-generation protocols, while AI-powered automation creates further separation from legacy players.

Positive Catalysts and Outlook

• Protocol Upgrades: Rollout of XCN Ledger, sXCN staking, and AI agents constitute substantial technological leaps.
• Institutional Integration: Emerging financial products aimed at institutions, and alignment with global regulatory standards, could foster mainstream adoption.
• DeFi/NFT/Layer-3 Growth: As the DeFi and NFT spaces mature, Onyxcoin’s unique blend of services positions it to capture a significant share of new user cohorts.

Investment Strategies by Time Horizon

Short Term

• Entry on technical pullbacks near $0.014 appears compelling, given strong support and constructive volume flows.
• Anticipation of catalysts—such as the next protocol upgrade or additional partnerships—may act as triggers for renewed upside bursts.

Medium Term

• Accumulating positions ahead of major roadmap milestones (e.g., XCN Ledger integrations, new DeFi modules) may offer asymmetric risk/reward profiles.
• The current bullish market structure combined with robust liquidity paves the way for tactical swing trading and portfolio balancing.

Long Term

• Onyxcoin’s core value lies in its ability to innovate and scale in an evolving DeFi/NFT landscape.
• Institutional engagement, multi-chain expansion, and ever-deeper integration of AI could secure its status as a DeFi blueprint, rewarding patient investors as network effects compound.
• Staking via sXCN offers the prospect of recurrent passive yield, adding a layer of defensiveness and compounding.

Onyxcoin Price Predictions

Is Now the Right Time to Consider Onyxcoin?

Onyxcoin now presents a powerful confluence of technical resilience, accelerating adoption, and distinct technological edge within the DeFi ecosystem. The protocol’s recent advances—Layer-3 deployment, AI automation, flexible staking, and breakthrough NFT collateralisation—factually justify renewed and growing interest. High liquidity, strong exchange presence, and a rapidly expanding user base all point to Onyxcoin’s increasing relevance.

Today’s market configuration seems to represent an excellent opportunity for investors who aim to position themselves on the next wave of DeFi innovation. With bullish momentum, robust fundamentals, and meaningful upcoming catalysts, Onyxcoin could well be on the verge of a renewed upward phase—potentially setting new local highs and capturing additional market share.

Onyxcoin remains a highly volatile asset, yet offers compelling opportunities for dynamic investment—with risk management as a guiding principle. The recent price trajectory underscores Onyxcoin’s ability to generate sharp, meaningful moves, while sectoral growth and protocol milestones suggest the DeFi cycle is entering a new era. Key technical levels such as $0.014 (near-term support) and $0.019 (upcoming resistance) warrant monitoring. The next anticipated protocol update in Q2 2025 could be a major driver for Onyxcoin’s future trajectory.

How to buy Onyxcoin?

It is simple and secure to purchase Onyxcoin (XCN) online via a regulated platform, ensuring your investment is protected by industry standards and oversight. Investors in Ireland can access two main methods to gain exposure to Onyxcoin: direct spot buying (owning the actual coins in your crypto wallet) or trading via crypto CFDs (Contracts for Difference), which lets you speculate on Onyxcoin's price without owning the asset itself. Each approach has its specific advantages and considerations. For a detailed comparison of the best platforms available in Ireland, see the platform comparison further down this page.

Spot Buying

Spot buying means purchasing Onyxcoin directly on a crypto exchange, giving you real ownership of the XCN coins. Your coins are held in your exchange wallet, and you can transfer them to a personal wallet for added security. Typical fees for spot transactions in Ireland are a fixed commission of around €1-€5 per trade, charged in euro (EUR).

Example

Suppose Onyxcoin is trading at $0.01465 USD (approx. €0.0135 at current rates). With a €1,000 investment, you could acquire roughly 74,000 XCN coins, accounting for about €5 in transaction fees.

✔️ Gain Scenario

If the price of Onyxcoin rises by 10% to €0.01485, your coins would now be worth €1,100. Result: a €100 gross gain, or +10% return on your initial investment.

Trading via CFD

Trading Onyxcoin via a CFD involves speculating on its price movement through a regulated brokerage, without actually owning the crypto itself. This method allows you to use leverage, but you pay a spread (the difference between buy and sell price) and typically a daily ‘overnight’ fee if you keep your position open longer than one day.

Example

You open a CFD on Onyxcoin with €1,000 and apply 5x leverage, giving you €5,000 market exposure.

✔️ Gain Scenario

If Onyxcoin’s price climbs 8%, your position gains 8% × 5 = 40%. That’s a €400 gain on your €1,000 collateral (excluding fees and spreads).

Final Advice

Before investing, always compare the fees and terms of each platform, as costs can eat into your potential returns. The choice between spot buying and CFDs depends on your investment goals and risk appetite: spot is ideal for long-term holders seeking real ownership, while CFDs may suit active traders aiming to profit from short-term price movements. Refer to the platform comparator below for the latest options tailored to investors in Ireland.

Our 7 tips for buying Onyxcoin

The latest news about the Onyxcoin

Onyxcoin's liquid staking token, sXCN, enables yield distribution and may attract Irish DeFi adopters. The recent launch of sXCN (March 2025) grants Onyxcoin holders access to liquid staking yields, automatically distributing returns and making passive income generation more accessible. With Ireland's active fintech sector and growing DeFi participant base, this innovation aligns with local demand for low-barrier, yield-generating assets and increases Onyxcoin’s relevance for Irish investors seeking diversified DeFi opportunities.

Onyxcoin secured a partnership with Thirdweb to develop gasless smart wallets, supporting seamless access for Irish retail users. Through the recently announced collaboration with Thirdweb (27 May 2025), Onyxcoin is rolling out smart wallets that eliminate gas fees, lowering entry barriers for new users. Ireland’s regulatory acceptance of self-custodied wallets paired with this user-friendly technology can encourage crypto adoption among Irish retail customers, positioning Onyxcoin as a progressive platform in the regional market.

New Onyx AI automation features may catalyse institutional and retail interest in Ireland's digitally advanced financial sector. The May 2025 launch of Onyx AI introduces autonomous agents capable of executing DeFi contracts on the XCN Ledger, boosting platform efficiency and automation. Given Ireland’s reputation as a technological hub and the strong presence of institutional finance, the integration of AI into Onyxcoin’s ecosystem can attract interest from both local fintech startups and established financial entities looking to leverage automated DeFi solutions.

Onyxcoin maintains broad exchange access, including on platforms with a significant Irish user base such as Coinbase and Kraken. With XCN listed on more than 156 global exchanges—including Coinbase and Kraken, both widely used among Irish cryptocurrency traders—access and liquidity are ensured for residents and businesses in Ireland. This broad availability supports market depth, ease of entry and exit, and increases the legitimacy of Onyxcoin to prospective Irish investors.

Sentiment remains strongly bullish despite seven-day volatility, mirroring a wider positive trend in Irish crypto markets. While XCN experienced a moderate 8.3% price dip over the week, the long-term outlook is robust, evidenced by a +621% annual growth and overwhelmingly positive community sentiment (100% bullish on CoinGecko). This optimism is consistent with increasing institutional and retail participation in Ireland’s crypto sector and signals confidence in Onyxcoin’s roadmap from local as well as global stakeholders.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.