Interest in the real-world asset (RWA) tokenization industry is growing.
XDC is up 7.50% over the last 7 days.
For several weeks now, the XDC Network (XDC) cryptocurrency has been positioning itself among those with the highest weekly rise.
And, at the time of this writing, XDC is first in that ranking, with a 7.50% increase in the last 7 days.
The image below, provided by CoinMaketCap, shows the 5 crypto assets with the largest percentage price increases in the last week (taking into account only those 100 with the highest market capitalization):
The increase in XDC price is explained by the usefulness of this protocol. It is read on the official website of XDC Network:
«XDC Network is an enterprise-grade open source blockchain protocol. “It is an EVM-compatible chain with smart contract capabilities, uniquely suited to revolutionize, decentralize and liquefy the trade finance industry through the tokenization of real-world assets and financial instruments.”
XDC Network, official website.
It is precisely the specialization in the real-world asset (RWA) industry that draws investors’ eyes to XDC.
This is a growing industry and there are projections that in 2025 it would continue to set a trend.
The journalist Nickolas Plaza, for CriptoNoticias, wrote at the end of last year that «tokenization of real-world assets is emerging as one of the most disruptive trends for 2025». This specialist on the subject clarifies that “RWAs represent physical or intangible assets such as real estate, bonds or copyrights through cryptocurrency networks. “This sector combines the stability of the real world with the flexibility of the digital realm.”
In this context, The XDC Network team has been able to position the network within the trending narrativewhich expands the possibilities of price increases.
Below is the historical graph of the price of the XDC cryptocurrency:
From technical analysis, XDC is testing a resistance zone around $0.10.
Because it is a round number, it is an important psychological barrier that will not be easy to cross.
XDC probably depends a lot on how other digital assets, mainly bitcoin (BTC), behave.
If the entire market goes up (which is not currently happening), XDC could be one of the cryptocurrencies that benefits from the general rise. Perhaps, when this happens, the asset can go looking for new all-time highs above $0.17, a price reached in 2021.