The Onyx Smart Wallet for Onyxcoin (XCN) launched in early August 2025, offering a gas-free, non-custodial wallet experience on the Onyx blockchain with governance managed on-chain by community vote.
The wallet’s introduction has driven significant price surges for XCN, highlighting growing user participation and interest in Onyx’s innovative blockchain technology.
Onyx Smart Wallet Gains Community Approval
The Onyx Smart Wallet was introduced in August 2025, offering a non-custodial and gas-free experience. It is built on the Onyx blockchain, incorporating enhancements directed by community voting to support decentralized ecosystem growth.
“Onyx is a modular blockchain designed for financial-grade applications, offering near-instant confirmations and low fees… A non-custodial, gas-free wallet, built on Onyx designed for users to access their funds anywhere they go” – Onyx Official Website
The project leadership comprises the Chain team and the Onyx DAO. A pivotal governance vote sanctioned Chain as the infrastructure host for the smart wallet, facilitating efforts to advance a scalable, gasless user experience.
XCN Value Surges Over 125% Post-Launch
The wallet launch influenced a significant price surge for XCN, increasing its value by over 125%. This reflects robust community participation and an optimistic outlook from stakeholders. The governance vote process showcased the active engagement of XCN holders.
Potential technological outcomes include enhanced network security and improved user accessibility through the gas-free wallet. Financial benefits stem from price increases following previous major updates, demonstrating market confidence in Onyx’s strategic upgrades.
Prior Launches Predict Continued Success for Onyx
The Onyx platform has seen similar responses with earlier launches. Events such as Goliath’s introduction drove prior surges. These precedents indicate the recurring impact of significant project advancements on XCN prices.
Experts from Kanalcoin highlight the increased activity within the Onyx DAO and wallet launch, noting potential long-term benefits for Onyx’s decentralized infrastructure. These trends mirror previous outcomes, fortifying support for substantial, trader-driven market movements.
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