Biconomy Lists XDC Network, Fueling 5.9% Price Surge Amid Growing Exchange Adoption

Biconomy, a Canadian cryptocurrency exchange, has announced the listing of XDC Network (XDC) on its trading platform. Spot trading for the XDC/USDC pair is now available, allowing users to purchase, sell, swap, and trade the token. The exchange stated that the listing follows a stringent due diligence process examining security, project capability, and regulatory compliance, which grants immediate legitimacy and increased visibility to the XDC token.

The announcement catalyzed a 5.9% price surge for XDC, pushing its price to $0.04994. This listing is part of a broader wave of adoption for the XDC Network, a Layer-1 blockchain designed for trade finance, real-world asset (RWA) tokenization, and payments.

This follows closely on the heels of a major integration by Bybit, the world's second-largest crypto exchange by volume. Bybit enabled USD Coin (USDC) deposits and withdrawals on the XDC Network with zero gas fees, accompanied by a $200,000 USDC promotion for new users. This move came days after Bybit announced a comprehensive strategic partnership with Circle, the issuer of USDC, aimed at improving spot and derivatives market liquidity and expanding USDC's use across Bybit's ecosystem, including its Earn program and payment services.

The XDC Network is attracting significant attention due to its enterprise-grade, EVM-compatible architecture offering rapid, low-cost transactions. Final settlements take approximately two seconds for a cost of a few cents or less, making it an attractive infrastructure for stablecoin settlement, OTC dealers, and payment processors seeking an alternative to higher-fee networks like Ethereum.

Circle's integration of its USDC payment rails into the XDC Network in late August was a key precursor, improving capabilities for trade finance, RWA settlements, and DeFi applications. Circle's Cross-Chain Transfer Protocol allows for seamless 1:1 transfers of USDC between blockchains without wrapped tokens or third-party bridges.

Bybit joins a growing list of major exchanges supporting native USDC on XDC, including KuCoin, MEXC, Gate.io, Bitrue, and Pionex, creating network effects that accelerate liquidity inflows. The XDC Network's Total Value Locked (TVL) currently stands at $23.48 million, indicating its growing footprint. Furthermore, XDC Ventures' acquisition of the blockchain-based trade finance platform Contour in November 2025 has provided the network with direct access to Tier-1 banking relationships.