XDC Network has partnered with Credefi Finance and enabled staking for its token holders. The move locks tokens out of circulation and reduces supply: will this staking mechanism lift the XDC price? Let’s examine.
Credefi Finance, a decentralized lending platform, has integrated with XDC Network (XDC) to launch staking pools. This allows XDC holders to lock their tokens and earn yield in return. Unlike speculative rewards, Credefi’s staking is tied to its Real World Asset (RWA) lending system, which connects blockchain users with real lending opportunities outside crypto.
The partnership goes beyond staking. Credefi confirmed that once USD Coin (USDC) is live on XDC, it will be accepted as collateral for peer-to-peer lending. This means users will be able to borrow and lend stablecoins within the XDC ecosystem. It creates more utility for the network and strengthens its connection to decentralized finance (DeFi).
For XDC, the impact comes from supply. When tokens are staked, they leave the open market. With fewer tokens available for trading, supply shrinks. If demand stays steady or rises, reduced supply can push the price upward. This is why staking is often seen as a factor that can help tokens gain value over time.
On September 30, XDC traded around $0.073, showing a small daily gain of just over 1%. The price has been moving inside a descending triangle pattern since August. Right now, it is sitting near an important support zone at $0.072.
This level has held several times in recent weeks. If it breaks, XDC price could slide toward the next support at $0.068. On the other hand, if buyers manage to push above the $0.078-$0.080 zone, it would signal the start of a potential reversal. This range is important because it matches the 20-day and 50-day exponential moving averages, which traders often use to spot trends.
The Relative Strength Index (RSI) is around 40, below the neutral level of 50. This shows that sellers still have control, but the market is not yet oversold. If RSI drops closer to 30, it could mean selling pressure is losing strength, opening the door for a bounce.
The introduction of staking through Credefi comes at a time when XDC is testing a key support level. By reducing circulating supply, staking could ease selling pressure and prepare the ground for a rally. However, technical charts show that bulls still need to reclaim resistance at $0.080 before a clear upward trend can begin.
If XDC price holds above support and breaks higher, October could bring stronger gains driven by both supply reduction and fresh demand. But if support fails, the token may first dip lower before staking effects start to show in price action.
The XDC Network is at a turning point — with new staking opportunities and technical signals converging, the weeks ahead could shape the token’s next big move. Will staking through Credefi tip the balance in favor of the bulls, or will resistance hold strong?
