Onyx Protocol has officially launched its Goliath mainnet, a new Layer-1 blockchain designed to bridge the gap between decentralized finance (DeFi) and traditional finance (TradFi). The network, which went live on March 28, 2026, is now fully integrated into the Onyx App, offering users immediate access to XCN bridging, liquid staking, and token swaps.
The Goliath blockchain is built to cater specifically to the needs of banks and financial service providers, offering high transaction speeds of up to 100,000 transactions per second (TPS) and utilizing an asynchronous Byzantine Fault Tolerance (aBFT) consensus mechanism for instant finality. Onyx emphasizes that Goliath is not a replacement for its native Ethereum-based XCN token but works alongside it, aiming to strengthen XCN's utility across both networks.
"We're thrilled to announce that the Goliath mainnet is now live and seamlessly integrated into the @Onyx App alongside native #XCN Ethereum ERC-20 support," the protocol announced on social media.
The launch enables several key functionalities: native XCN liquid staking, where rewards accrue automatically and are claimed upon unstaking; a direct bridge between Ethereum and Goliath for seamless XCN transfers; and swap functionality for XCN, ETH, and USDC within the Goliath network. The protocol's roadmap now shifts focus to expanding validator participation, growing the developer ecosystem, and scaling real-world applications like cross-border payments and supply chain verification.
Despite the significant technical milestone, the price of XCN has been pressured by broader market conditions, trading at $0.005056 with a slight decline over the past 24 hours at the time of the announcement.
