XDC Network Sees 27.7 Million Transactions Amid Institutional Growth
XDC Network has reached an all-time high in monthly transactions, with a staggering 27.7 million recorded over the past six months.
This represents a significant increase of 50% compared to earlier this year and marks a major milestone for the network.
The surge in activity is attributed to a growing number of users and institutions engaging with XDC Network, as well as general market conditions that have given the price a boost.
Clear Street has recently joined XDC Network as a masternode validator, requiring operators to stake at least 10 million XDC. According to Clear Street Digital CEO Robert Rutherford, 'Compliant public blockchains are becoming part of the capital markets stack, and the firms that build market infrastructure should help operate that layer.'
XDC price has responded positively to this news, with a 2.38% increase in trading value over the past day.