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XION Stock

XION

XION

Price

0.66
Today +/-
+0
Today %
+0 %

XION Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
LBankXION/USDT0.832,362.473,065.631.74 M0.09cex2437/9/2025, 6:21 AM
HTXXION/USDT0.832,523.622,296.511.53 M0.08cex2887/9/2025, 6:23 AM
BitMartXION/USDT0.833,1063,080.07575,257.240.03cex2687/9/2025, 6:21 AM
GateXION/USDT0.838,087.965,050.09572,950.960.02cex3677/9/2025, 6:23 AM
CoinWXION/USDT0.831,572.192,319.32411,747.010.02cex2457/9/2025, 6:21 AM
DigiFinexXION/USDT0.83398.35264.56376,880.870.04cex2337/9/2025, 6:18 AM
BitgetXION/USDT0.838,799.979,747.79170,419.760.01cex3737/9/2025, 6:24 AM
HibtXION/USDT0.8313,557.4717,653.35113,534.390.01cex3557/9/2025, 6:18 AM
BybitXION/USDT0.839,656.2611,465.0476,867.630cex3567/9/2025, 6:21 AM
BingXXION/USDT0.834,956.993,351.4330,781.950.01cex2997/9/2025, 6:21 AM
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XION FAQ

What is XION?

XION is a blockchain platform designed for universal accessibility through chain abstraction. By employing its Generalized Abstraction layer, XION uniquely integrates sophisticated blockchain functionalities—such as accounts, signatures, and interoperability—directly at the protocol level. This methodology enables users to interact with blockchain applications without the necessity of understanding the underlying technology. XION serves as the native utility token and is used for various purposes, including: * Network Usage Fees: Transactions on the XION network incur fees, which are creatively used to offset the minting of new tokens. This system implies that increased network usage may lead to a deflationary token model due to the offsetting of fees. * Proof of Stake Security: As a proof-of-stake network, XION depends on validators for maintaining its security. Holders of the $XION token can delegate their tokens to validators or stake their tokens to operate their own validator nodes. Moreover, the XION network calculates inflation based solely on staked tokens rather than the total token supply, significantly reducing overall inflation and resulting in more sustainable network economics. * Governance: Holders of the $XION token can actively engage in network governance by proposing and voting on various initiatives. * Medium of Exchange & Collateral: Within the ecosystem, $XION can be used as native liquidity and collateral. Additionally, it facilitates peer-to-peer transactions across applications and accounts in the XION ecosystem.

What distinguishes XION?

* Generalized Abstraction Layer: The core feature of XION is its Generalized Abstraction Layer, which is crafted to simplify the complexities associated with blockchain technology. This innovation seeks to address the main obstacles hindering the widespread adoption of blockchain, offering a comprehensive solution for both users and developers. * Meta Accounts: Meta Accounts, a unique element of XION, abstract the conventional key model, enabling various authentication methods. This feature eases the transition for users moving from traditional web experiences to blockchain-based applications. * Signature and Device Abstraction: By adopting a signature-agnostic approach, XION allows transactions authenticated through common methods such as email and biometrics. This inclusivity extends to device usage, ensuring smooth interactions across multiple platforms, thereby enhancing security and user accessibility. * Parameterized Fee Layer: XION introduces a parameterized fee system that simplifies fees to improve user convenience. Additionally, this system supports transactions in stablecoins like USDC, ensuring familiar pricing and stability. * Abstracted Interoperability: Emphasizing interoperability, XION ensures its Meta Accounts are compatible across various blockchain ecosystems. This feature enhances the user experience by facilitating effortless cross-chain interactions through chain abstraction.

Who are the founders of XION?

Burnt is the research and development company that initially began contributing to the XION blockchain. Burnt Banksy, the founder, purchased a painting by the internationally renowned artist Banksy, incinerated it, and then created an authenticated 1 of 1 NFT representation, selling it for more than the original physical artwork. His actions highlighted the concept of digital scarcity on a global scale, making a significant impact in the NFT community and receiving widespread acclaim. This story was covered by leading publications such as Bloomberg, CoinDesk, GQ, CoinTelegraph, BBC, CBS, HYPEBEAST, Art.Net, TechCrunch, among many others. He is frequently cited as one of the catalysts for NFTs and is referenced in the Wikipedia entry for the term NFT.

How is XION secured?

XION utilizes a Tendermint-based proof-of-stake (PoS) consensus mechanism, where prominent validators play a crucial role in securing and decentralizing the network. The project is supported by leading industry figures, including Animoca, Circle, Multicoin, Arrington, Spartan, Draper Dragon, Hashkey, GoldenTree, Mechanism, Morningstar Ventures, Figment, Play Ventures, Valor, Sfermion, Kucoin Ventures, MH Ventures, and Laser Digital (Nomura), among others.

Investors interested in XION are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.