All the latest news and key insights you need from Onyxcoin
What Is Onyxcoin?
1. What Is Onyxcoin?
Onyxcoin (XCN) is the native token of the Onyx protocol, a blockchain-based financial infrastructure designed for scalability, low costs, and decentralization. It powers Web3 services such as DeFi, cross-chain interoperability, and smart wallets, while enabling governance, staking, and ecosystem utility.
2. Why Onyxcoin Was Created
Onyxcoin was created to address several pain points in existing blockchain and financial systems:
High gas fees and slow settlements that make everyday use impractical
Complicated user experience with wallets and gas management
Lack of decentralized governance for protocol decisions
The need for financial-grade infrastructure suitable for institutions
3. How Onyxcoin Works
Wallet Creation: Users set up smart wallets that can support gas-free transactions for ease of use.
Funding & Bridging: Assets are transferred or bridged from other chains into the Onyx network.
Transactions & Services: Users can transact, access DeFi services, and utilize tokenized asset tools.
Staking & Governance: Holders stake XCN and participate in OnyxDAO governance proposals.
Burn Mechanism: A portion of transaction fees is burned to reduce supply.
Developer Tools: Developers build dApps using Onyx’s APIs, RPCs, and modular infrastructure.
4. Key Features of Onyxcoin
Layer-3 modular blockchain infrastructure
Gas-free smart wallet experience for some transactions
Low transaction fees and near-instant finality
Deflationary fee-burn mechanism
DAO-based governance through OnyxDAO
Cross-chain connectivity via “Super Bridge” tools
Financial-grade, enterprise-ready design
5. Who Can Use Onyxcoin?
Retail users seeking simple and affordable blockchain transactions
DeFi users and traders who need scalability and interoperability
Developers building dApps, tokenized assets, or financial applications
Institutions and enterprises requiring secure, compliant infrastructure
DAOs and communities managing governance and protocol upgrades
6. What Is the $XCN Token?
XCN is the utility and governance token of the Onyx ecosystem. It plays several roles:
Payment of transaction fees on the Onyx network
Governance rights via OnyxDAO for protocol upgrades and proposals
Staking rewards for securing and supporting the network
Deflationary supply through fee-burning mechanisms
Access to premium features, discounts, or special services
Total supply: approximately 48.4 billion XCN, with around 35–36 billion in circulation.
Social Pulse
Bearish1%
Bullish99%
Esso@mohdesso
⋯
I Cant stop thinking of possibilities that are made possible by @beyond__tech
Here are some that crossed my mind:
1. Bringing in extrnal assrts to Bitcoin chain:
Tokens like Solana and Etherum or stables like USDT and USDC can be brought in from other chains to the Bitcoin ecosystem and by this they can access the decentralized, secure and thick liquidity found in the chain
2. Smooth moving of Bitcoin and Bitcoin’s natives out of the BTC chain:
Now we can move Ordi, Pups, Dog tokens, etc to other chains so that they can thrive with new users and more mature protocols
3. Seamless movement within the Bitcoin ecosystem it self:
Shifting btw standards like Runes and BRC 20 are now doable
4. Moving Across chains, Sidechains and layers 2:
Bridging assets directly between sidechains and L2s to access better services, lesser risks profiles and more attractive models
Admados (Outlight.fun)@adamowicztw
⋯
🟨 PREMIUM MOMENTUM DETECTED on BNB Chain Chain 🔥
✅ 2 HIGH-ACCURACY channels signaled $crypto guy in 30min
📡 See who's talking on:
🟨CA: 0x08352620afa34ad8c82492661481d7ab62634444
⏰ 2025-11-08 08:35:18 UTC 🟨
Admados (Outlight.fun)@adamowicztw
⋯
🟪 PREMIUM MOMENTUM DETECTED on SOLANA Chain 🔥
✅ 2 HIGH-ACCURACY channels signaled $Penta in 30min
📡 See who's talking on:
🟪CA: E2rZXu7dwQPgkYjzxFnu8Xn4c4zZjjSWfjz6Ew4upump
⏰ 2025-11-08 08:18:33 UTC 🟪
Admados (Outlight.fun)@adamowicztw
⋯
🟪 PREMIUM MOMENTUM DETECTED on SOLANA Chain 🔥
✅ 2 HIGH-ACCURACY channels signaled $CASH in 30min
📡 See who's talking on:
🟪CA: GmhtrvXzyAv53AvZiq4FxywqBp5HagxtpufqvSuKpump
⏰ 2025-11-08 05:59:34 UTC 🌟
KaisOnChain.eth@KaisOnChain
⋯
🚀 @gaib_ai launches Spice Season 2! 🌶️
A 3-month reward program packed with benefits for $AID and $sAID holders all leading up to the $GAIB airdrop. 🪂
How it works:
🔸 Starts: Oct 31, 2025
🔸 Earn automatically:
• 1× Spice per $1 AID
• 3× Spice per $1 sAID
Get started:
1️⃣ Buy $AID → Mint 1:1 with USDC via GAIB AI app (Ethereum, Arbitrum, Base, BNB Chain)
2️⃣ Stake $AID → Mint $sAID and earn real-world yield from GAIB’s AI & Robotics deals
3️⃣ Points accrue daily no manual claim needed
💡 💡 Early AID Alpha holders migrating before Nov 6, 2025 get extra bonuses!
Upcoming integrations with Pendle and other DeFi protocols will boost yields even further.
⏳ Season 2 runs for 3 months all Spice points convert to $GAIB airdrop rewards after TGE.
The spice is back time to earn yours 🌶️💎
Join our alpha Community 👇👇👇
Kevin Sekniqi 🔺@kevinsekniqi
⋯
The actual proper way to make encrypted Bitcoin:
1. New PoW chain.
2. Token minting phase, where to mint new token, you must send BTC to zero address on Bitcoin.
3. Mints new Encrypted BTC on new chain.
4. Stop minting phase, start mining.
Top Creators
OCT Timeline - Onyxcoin
January 2022
Project Launch as Chain Protocol
Onyxcoin began operations under the name Chain Protocol before rebranding to Onyxcoin.
January 24, 2025
Major Price Surge After DAO Resolution
Onyx DAO resolved disputes with external exchanges, leading to renewed market confidence and price surge.
February 5, 2025
Spot Market Listing on Bitunix
Onyxcoin listed on Bitunix spot market, improving token accessibility.
March 3, 2025
Goliath Mainnet Launch
Launch of Goliath mainnet marked the live network with broader features and scalability.
