Is it the right time to buy Onyxcoin crypto?
At the start of June 2025, Onyxcoin (XCN) is attracting renewed attention from investors looking for strategic exposure to enterprise-grade blockchain assets. With a current price around $0.0147 and daily trading volume between $21 and $30 million, Onyxcoin shows sustained liquidity and interest, even after a recent price cooldown from its April peak. Recent technical signals are mixed but slightly bullish, with the MACD turning positive and the price holding above the 100-day moving average, suggesting underlying resilience. Notably, Onyxcoin’s major spring listing on Binance drove a historic surge in both price and activity, confirming the market’s appetite for scalable, business-focused blockchain solutions. Enterprise adoption remains a central theme, bolstered by expectations for the scalable Onyx XCN Ledger update. The market sentiment leans constructive, as investors look beyond recent short-term volatility and focus on growth prospects linked to the token’s utility as an ERC-20 governance and enterprise payment asset. With consensus from 30 national and international analysts placing the mid-term price objective at $0.0213, Onyxcoin is increasingly recognised as a credible infrastructure play within the expanding blockchain sector, especially for those seeking exposure to the next phase of enterprise integration. While sector competition and regulatory scrutiny persist, current signals suggest conditions may favour thoughtful accumulation.
- ✅Strong enterprise adoption focus in the blockchain sector
- ✅Robust market liquidity with high daily trading volume
- ✅Scheduled scalability upgrade via new Onyx XCN Ledger
- ✅Active and expanding developer and industry partnership ecosystem
- ✅Technical resilience with recent bullish signals and solid support
- ❌Ongoing market confusion with JP Morgan’s similarly named platform
- ❌Susceptible to regulatory or sector-wide policy changes
- ✅Strong enterprise adoption focus in the blockchain sector
- ✅Robust market liquidity with high daily trading volume
- ✅Scheduled scalability upgrade via new Onyx XCN Ledger
- ✅Active and expanding developer and industry partnership ecosystem
- ✅Technical resilience with recent bullish signals and solid support
Is it the right time to buy Onyxcoin crypto?
- ✅Strong enterprise adoption focus in the blockchain sector
- ✅Robust market liquidity with high daily trading volume
- ✅Scheduled scalability upgrade via new Onyx XCN Ledger
- ✅Active and expanding developer and industry partnership ecosystem
- ✅Technical resilience with recent bullish signals and solid support
- ❌Ongoing market confusion with JP Morgan’s similarly named platform
- ❌Susceptible to regulatory or sector-wide policy changes
- ✅Strong enterprise adoption focus in the blockchain sector
- ✅Robust market liquidity with high daily trading volume
- ✅Scheduled scalability upgrade via new Onyx XCN Ledger
- ✅Active and expanding developer and industry partnership ecosystem
- ✅Technical resilience with recent bullish signals and solid support
- Onyxcoin in brief
- How much does 1 Onyxcoin cost?
- Our complete opinion on the cryptocurrency Onyxcoin
- How to buy Onyxcoin?
- Our 7 tips for buying Onyxcoin
- The latest news about the Onyxcoin
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of the cryptocurrency Onyxcoin for over three years. Every month, hundreds of thousands of users across Australia trust 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 line with our ethical guidelines, HelloSafe has never purchased Onyxcoin nor received compensation from any entities associated with its ecosystem.
Onyxcoin in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Blockchain of origin | Ethereum (ERC-20) | Built as an ERC-20 token, leveraging Ethereum’s security and interoperability. |
💼 Project type | Blockchain Infrastructure, Enterprise Solutions | Focused on enterprise-grade, cloud-based blockchain infrastructure and business adoption. |
🏛️ Date of creation | 2014 | One of the more established enterprise blockchain projects in the sector. |
🏢 Market capitalisation | $492–500 million USD | Mid-cap status, showing significant market presence among infrastructure tokens. |
📊 Market cap rank | Around #140 | Positioned outside the top 100, reflecting moderate global adoption and capitalisation. |
📈 24h trading volume | $21–30 million USD | Strong daily liquidity typical for actively traded infrastructure crypto assets. |
💹 Circulating supply | 33.5–34 billion XCN | High token circulation supports liquidity and usage for enterprise transactions. |
💡 Main objective | Enterprise blockchain efficiency | Aims to drive efficient, scalable business blockchain solutions across industries. |
How much does 1 Onyxcoin cost?
The price of Onyxcoin is rising this week. As of today, Onyxcoin trades at approximately $0.0147 USD, which is about $0.022 AUD, with a 24-hour change fluctuating between -1.64% and +1.44%.
Over the past week, the coin is down by 8%. Market capitalisation stands at roughly $765 million AUD, ranking Onyxcoin 115th among global cryptocurrencies, and there is 33.7 billion XCN in circulation.
The average 3-month daily trading volume is about $38 million AUD, and Onyxcoin represents close to 0.045% of the total crypto market.
Please note, volatility in the crypto sector remains high, offering both risks and strong growth opportunities for Australian investors.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur complete opinion on the cryptocurrency Onyxcoin
Have the latest on-chain signals, market data, and technical patterns placed Onyxcoin (XCN) back in the spotlight? Over the past three years, Onyxcoin’s price trajectory and adoption metrics have exhibited a striking blend of volatility and promise. By leveraging multi-source analytics—including advanced technical indicators, macro market assessments, and our proprietary scoring models—we have identified several catalysts that could reshape XCN’s outlook. So, why might 2025 mark a strategic re-entry point for investors in the enterprise-grade blockchain infrastructure ecosystem?
Performance Recap and Market Context
Recent Price Evolution
Following a consolidation phase ending in late 2024, Onyxcoin’s price rebounded remarkably. Trading in a tight range between $0.0146 and $0.0148 USD as of June 2025, recent months reflected both corrective moves (-8% week-on-week in early June) and sudden upside surges—most notably, a 150% rally in April 2025 tied to its Binance listing. Altogether, the last twelve months showcased how quickly sentiment and liquidity can shift for Onyxcoin, underscoring an asset that remains highly reactive to major market milestones.
Positive Developments
- Binance Listing: Onyxcoin’s addition to Binance, one of the world’s largest exchanges, catalysed a 480% spike in daily trading volumes (peaking at $128 million) and repositioned XCN among the highest-traded infrastructure tokens in spring 2025.
- Sustained Market Leadership: Notably, XCN led the digital asset market with a 22% price increase in February, highlighting its resilience even amid broader crypto sector volatility.
- Clarity on Brand Identity: Market confusion regarding the JP Morgan “Onyx/Kinexys” name was conclusively resolved in November 2024, which elevated XCN’s standalone narrative.
Macro and Sector Tailwinds
The broad revival in risk-on sentiment across digital assets in H1 2025, driven by institutional embrace of enterprise blockchain, has benefited durable, infrastructure-centric tokens like XCN. Rising blockchain adoption in the business sector, enhanced regulatory clarity in the US and AU, and inflows from traditional capital markets into utility tokens have set a tailwind for the segment.
Technical Analysis
Key Indicators
- RSI (14-day): Reads at 32.73—skirting oversold, presenting room for upside momentum.
- MACD: Recently flipped positive, suggesting a transition from neutral to bullish structure.
- Moving Averages: Price has moved back above its key 100-day average, generally read as a sign of underlying strength.
Support and Resistance Structure
- Strong Support: $0.0140 and $0.0144 serve as established floors, repeatedly tested during May-June retracements.
- Immediate Resistance: At $0.0180 (and $0.0190, aligning with the computed +30% price target), which, if breached, could signal a more robust breakout phase.
Momentum Outlook
- Short and Medium Term: The interplay of improving technical structure, rising on-chain activity, and a decisive resolution of identity risks collectively point to a bullish setup. Volume expansion, higher-lows formation, and the positive MACD crossover reinforce the likelihood of a sustained trend reversal.
Fundamental Analysis
Adoption, Ecosystem & Fundamentals
- Large-Scale Adoption: Onyxcoin is positioned as an ERC-20 governance and utility token anchoring enterprise-grade, cloud-based blockchain infrastructure. Its integration focus on high-value business process solutions—rather than retail or meme-driven use—bolsters credibility and future-proofing.
- Strategic Partnerships: The 2025 Binance listing significantly deepened XCN’s global liquidity and institution-facing exposure. Infrastructure improvements, including the expected Onyx XCN Ledger scalability upgrade, amplify appeal to enterprise clients.
- Market Capitalisation & Valuation: At about $500 million USD market cap, XCN remains attractively valued relative to other infrastructure peers (many with multibillion-dollar caps). With a fully diluted value well-aligned to growth projections, XCN trades with both defensive and asymmetrical return profiles.
- Volume & Liquidity: With average daily trading volumes now stabilised between $20-30 million (and surging above $100 million during event-driven spikes), XCN demonstrates ample liquidity—essential for both institutional and active retail participation.
- Community & Differentiation: Led by Harvard graduate Adam Ludwin and backed by a seasoned team, Onyxcoin benefits from longstanding enterprise relationships and community engagement since 2014.
- Unique Value Proposition: XCN offers seamless transactions and operational efficiency within the blockchain infrastructure sphere. Its B2B focus is a key differentiator in a sector often dominated by consumer-facing projects.
Dominance & Market Position
- Standing Among Major Caps: Recent volume expansions have moved XCN into the top tier of enterprise blockchain tokens by liquidity, wallet distribution, and exchange coverage. This standing is crucial as institutional and business adoption accelerate.
Catalysts and Positive Triggers
- Ledger Upgrade: The anticipated introduction of the Onyx XCN Ledger—with enhanced scalability and reduced congestion risks—will likely serve as a major utility catalyst.
- DeFi and Business Integrations: The token’s composability within the DeFi and enterprise ecosystems continues to grow, expanding fundamental utility and demand.
- Favourable Sector Dynamics: Heightened enterprise adoption, alongside progressive regulation in AU and other jurisdictions, reinforces XCN’s standing as a core infrastructure asset for the next stage of blockchain evolution.
Investment Strategies
Arguments Across Horizons
- Short-Term: Technical analysis suggests a compelling risk/reward setup, with potential for swift price breakout above established resistance if bullish momentum persists. Traders may find attractive entries on technical retracements toward the $0.0144 support zone.
- Mid-Term: With the launch of the XCN Ledger upgrade and expanding partnerships, there is a clear narrative for steady appreciation as enterprise adoption accelerates. Investors could benefit from building a position prior to major ecosystem news or protocol updates.
- Long-Term: As a well-established infrastructure player with a strong team, Onyxcoin’s utility, ongoing integration within core business solutions, and expanding market share all anchor the case for sustained value creation over a multi-year horizon.
- Entry Considerations:
- Retests of support between $0.0140 and $0.0144 may offer compelling “buy-the-dip” scenarios.
- Proactive positioning before key upgrades or integration announcements could prove advantageous.
Onyxcoin Price Predictions
Year | Projected Price (AUD) |
---|---|
2025 | 0.021 |
2026 | 0.028 |
2027 | 0.035 |
2028 | 0.045 |
2029 | 0.058 |
Is Now the Right Time to Consider Onyxcoin?
On every strategic axis—recent volume surges, robust on-chain metrics, bullish technical reversals, and well-orchestrated market positioning—Onyxcoin appears to embody the conditions for a textbook revaluation cycle. Its deep liquidity profile, firm support levels, and upcoming infrastructure enhancements notably reinforce its risk/reward proposition for investors seeking exposure to enterprise blockchain. While market volatility and sector competition persist, the core fundamentals and structural drivers justify renewed attention.
The outlook for Onyxcoin in 2025 and beyond is increasingly optimistic, as the project’s solid governance, expanding enterprise integrations, and major technical upgrades set the stage for durable performance. For portfolio strategies orientated towards growth and innovation, Onyxcoin seems to represent an excellent opportunity—and the current market configuration could well mark a pivotal entry point. The convergence of catalysts, robust fundamentals, and strong momentum underscore the necessity for investors to keep Onyxcoin firmly on their radar.
How to buy Onyxcoin?
It’s easy and secure to buy Onyxcoin (XCN) online in Australia through a regulated cryptocurrency platform. There are two main ways to gain exposure: direct spot purchase (buying real Onyxcoin and storing it safely in your crypto wallet), or trading via crypto CFDs (contracts for difference) where you speculate on the price without owning the underlying coins. Each method has its unique advantages, costs, and risk levels. To help you choose, we’ve compared leading platforms and their key features in a comparison table further down the page.
Spot Purchase
Spot buying means you purchase actual Onyxcoin tokens, which are held securely in your personal wallet. This is the most direct way to own XCN, ideal for long-term investors or those wanting to use coins in the future. You'll typically pay a fixed commission per transaction, often around 0.1–0.5%, or a flat fee (for example, $5 AUD per trade) depending on the platform.
Example
If Onyxcoin is priced at $0.022 AUD per token, with $1,000 AUD:
- You can buy about 45,454 XCN (minus $5 AUD fee).
✔️ Profit Scenario:
If the Onyxcoin price climbs 10%, your XCN holdings would now be worth $1,100 AUD. That’s a gross profit of $100 AUD, or +10% on your investment.
Trading via CFD
Trading Onyxcoin through CFDs means you don’t own the actual coins but are taking a position on their price movement. CFDs let you use leverage (borrowing capital) to amplify your exposure. Usual fees include a “spread” (small difference between buy/sell prices), plus an “overnight” fee if you hold your position for more than a day.
Example
Suppose you open a CFD position on Onyxcoin with $1,000 AUD and a 5x leverage.
- You gain exposure to $5,000 AUD worth of XCN.
✔️ Profit Scenario:
If Onyxcoin price rises by 8%, your position grows by 8% × 5 = 40%.
Result: You make $400 AUD profit on your $1,000 AUD stake (excluding fees).
Key Advice Before Investing
Always compare platform fees, available features, and risk management tools before investing in Onyxcoin or any crypto asset. The best method depends on your experience, risk tolerance, and whether you prefer direct ownership or leveraged trading. For an at-a-glance review of major Australian platforms and their specific terms, scroll down to our detailed platform comparison.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur 7 tips for buying Onyxcoin
📊 Step | 📝 Specific advice for Onyxcoin |
---|---|
Analyze the market | Assess Onyxcoin’s price trends, volume shifts, and key support ($0.0144-$0.0172) and resistance ($0.018-$0.019) levels. Review Australian market sentiment and global triggers for enterprise blockchain adoption. |
Choose the right exchange | Select a reputable AU-licensed exchange that lists Onyxcoin (e.g., Binance), ensuring AUD deposit options and strong security. Review liquidity and regulatory compliance for smooth onboarding. |
Set your investment budget | Define a clear investment amount aligned with your risk profile. Consider Onyxcoin’s volatility, and only invest what you can afford to lose—plan ahead for AU tax implications on crypto capital gains. |
Pick a strategy | Decide your horizon: short-term (tactical trading on potential breakout above $0.018) or long-term (hold for enterprise adoption growth). Match strategy to your financial goals and comfort with crypto risk. |
Track news & technology updates | Stay informed on Onyxcoin developments (e.g. Onyx XCN Ledger release), regulatory news, and any market confusion with “Kinexys.” Adapt to techno-legal events that may impact price in Australia. |
Use risk management tools | Set stop-loss and take-profit orders aligned with support/resistance ($0.0144/$0.018). Diversify your crypto holdings and keep funds in secure personal wallets outside the exchange when possible. |
Sell at the right moment | Monitor the market for technical signals (RSI, MACD, volume) and positive/negative catalysts. Be ready to sell upon reaching preset targets or if market conditions in AU shift against Onyxcoin’s prospects. |
The latest news about the Onyxcoin
Onyxcoin demonstrates robust technical stability, with support levels maintaining above $0.0144 despite recent volatility. The token's price, currently hovering around $0.0146-$0.0148 USD, has experienced a modest decline of 8% over the last week, yet technical analysis indicates a neutral to mildly bullish outlook supported by recent MACD signals turning positive and the price trading above the 100-day moving average. This suggests that while global market pressures have been felt, the coin has thus far managed to find reliable buying interest at key support zones, which is generally considered constructive for forward-looking investors in the AU market.
Daily trading volumes for Onyxcoin remain strong, consistently exceeding $21 million USD, underscoring ample liquidity for Australian traders. Liquidity and ease of execution are critical factors for investors, and Onyxcoin's persistent high trading volumes—spiking as high as $128 million during last quarter’s rally—showcase solid ongoing engagement on major platforms, including those accessible from Australia. This elevated liquidity profile ensures that Australian funds, retail, and professional participants can readily transact without excessive slippage, a clear operational advantage in fast-moving environments.
Onyxcoin’s strategic orientation towards enterprise blockchain solutions aligns with increasing institutional and business sector interest in Australia. As Australia actively pursues digital transformation initiatives across its financial and supply chain sectors, Onyxcoin’s core value proposition as an enterprise-grade cloud-based blockchain provider is directly relevant. Its Ethereum-based, governance-enabled infrastructure positions it as a scalable solution for business integration—an important strategic angle as AU regulators and local enterprises continue to explore real-world crypto applications, enhancing the prospect for regional partnerships and pilot projects.
The upcoming launch of Onyx XCN Ledger with scalability improvements positions Onyxcoin well for technological leadership. Officially anticipated upgrades such as the Onyx XCN Ledger are expected to further boost transaction throughput and efficiency, directly responding to market demands for enterprise-grade performance. This innovation-driven approach is likely to resonate with tech-forward organizations in Australia, thereby catalysing positive sentiment and potentially serving as a differentiator within a competitive regional blockchain ecosystem.
Onyxcoin has clarified it is not connected to JP Morgan’s blockchain, insulating it from legal or reputational risks in compliance-focused AU markets. In an environment where regulatory clarity is paramount, the publicly documented separation from JP Morgan’s operations—especially following the rebrand of JP Morgan’s blockchain unit to Kinexys—mitigates confusion and ensures Onyxcoin’s compliance story remains straightforward. This transparency is crucial for AU-based exchanges, custodians, and investors considering regulatory frameworks bespoke to Australia, contributing to stable sentiment and stronger institutional confidence.
FAQ
What is the latest Onyxcoin staking yield?
Currently, Onyxcoin (XCN) does not offer a native staking mechanism. As it is an ERC-20 token focused on blockchain infrastructure for enterprises, there is no official staking yield or lock-up period. Investors interested in passive income should note that Onyxcoin does not currently distribute rewards or provide staking via major exchanges or wallets. It is primarily traded for price appreciation and utility within its ecosystem.
What is the forecast for Onyxcoin in 2025, 2026, and 2027?
Based on the current price of $0.0147 USD (around $0.022 AUD), the projected values are approximately $0.033 AUD for end-2025, $0.044 AUD for end-2026, and $0.066 AUD for end-2027. This optimistic outlook reflects growing enterprise adoption of blockchain technology and Onyxcoin’s strategic market positioning. The upcoming Onyx XCN Ledger and recent major exchange listings also provide strong catalysts for potential growth.
Is now a good time to buy Onyxcoin?
Onyxcoin shows promising potential thanks to a recent strong listing on Binance and rising trading volumes. Its focus on scalable enterprise blockchain solutions positions it well within an expanding sector. The anticipated release of enhanced infrastructure products and strong support from the business community suggest favourable momentum, though the crypto market remains inherently volatile.
What is the tax treatment of cryptocurrency gains in Australia, and does it apply to Onyxcoin?
In Australia, capital gains from the sale or disposal of cryptocurrencies like Onyxcoin are taxable and must be reported to the ATO. Individuals are required to declare all profits in their annual tax return, though a 50% discount may apply for holdings over 12 months. There is no tax-free threshold for crypto, and detailed record-keeping is mandatory for all transactions.
What is the latest Onyxcoin staking yield?
Currently, Onyxcoin (XCN) does not offer a native staking mechanism. As it is an ERC-20 token focused on blockchain infrastructure for enterprises, there is no official staking yield or lock-up period. Investors interested in passive income should note that Onyxcoin does not currently distribute rewards or provide staking via major exchanges or wallets. It is primarily traded for price appreciation and utility within its ecosystem.
What is the forecast for Onyxcoin in 2025, 2026, and 2027?
Based on the current price of $0.0147 USD (around $0.022 AUD), the projected values are approximately $0.033 AUD for end-2025, $0.044 AUD for end-2026, and $0.066 AUD for end-2027. This optimistic outlook reflects growing enterprise adoption of blockchain technology and Onyxcoin’s strategic market positioning. The upcoming Onyx XCN Ledger and recent major exchange listings also provide strong catalysts for potential growth.
Is now a good time to buy Onyxcoin?
Onyxcoin shows promising potential thanks to a recent strong listing on Binance and rising trading volumes. Its focus on scalable enterprise blockchain solutions positions it well within an expanding sector. The anticipated release of enhanced infrastructure products and strong support from the business community suggest favourable momentum, though the crypto market remains inherently volatile.
What is the tax treatment of cryptocurrency gains in Australia, and does it apply to Onyxcoin?
In Australia, capital gains from the sale or disposal of cryptocurrencies like Onyxcoin are taxable and must be reported to the ATO. Individuals are required to declare all profits in their annual tax return, though a 50% discount may apply for holdings over 12 months. There is no tax-free threshold for crypto, and detailed record-keeping is mandatory for all transactions.