The post Will Onyx V2 spark a bullish breakout in XCN price? appeared on BitcoinEthereumNews.com.

Onyxcoin (XCN) price is around $0.015, down 19% over the past week. XCN is under pressure as the broader market battles fresh selling as traders book profits. Onyx V2’s anticipated launch and the regulatory clarity provided by the CLARITY Act could be a bullish catalyst. Onyxcoin (XCN), the native token of the web3 protocols ecosystem Onyx, is experiencing the downside pressure that currently engulfs the broader crypto market. Celestia is among the altcoins to see 24-hour losses. As of writing, XCN is trading at $0.01538, with a 24-hour trading volume of over $38 million. While the market cap has dipped to $527 million, the slight uptick in daily volume indicates a notable level of market interest. Onyx eyes traction with V2 ahead of CLARITY law The Onyx ecosystem is gearing up for a significant upgrade with the impending launch of Onyx V2, aimed at enhancing compliance and functionality. According to a recent announcement by OnyxDAO on X, the launch of Onyx V2 is designed to meet the highest compliance standards under the United States’ crypto markets regulation CLARITY Act. Onyx V2 is coming 🔜 @OnyxDAO‘s launch aims to meet the highest compliance standards under the upcoming U.S. CLARITY Act, positioning $XCN as a Digital Commodity Token within a Mature Blockchain System. pic.twitter.com/4avN6ByWIg — Onyx (@OnyxDAO) July 24, 2025 The CLARITY Act, formally known as H.R. 3633, aims to provide a clear regulatory framework for digital assets by distinguishing between digital commodities, securities-like assets, and stablecoins. As Onyx notes in its post on X, the V2 rollout will position XCN “as a Digital Commodity Token within a Mature Blockchain System.” Potentially, this means broadening the project’s appeal to institutional investors amid broader regulatory compliance. Onyx has cautioned the community that there will be no token swaps, with users asked to beware…

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Filed under: News - @ July 25, 2025 9:33 am