What is xDai?
xDai is nothing but Stable coin backing blockchain project that developed by Poa network. as official forum mentioned xDai act as stable transactional coin and staking token based on ERC677 Etherem blockchain. xDai Chain known to be stable payments blockchain that fetch high volume and faster transactions. as xDai Token widely used for transaction, network fees and project payments and its Stake token provide support PoS consensus algorithm. This is first ever blockchain project has stable USD as native currency, as it simply combines interoperability of Poa network with makerDAO’s Dai.
xDai project aiming to simplify daily transaction with higher speed and lower transaction speed. as per report transaction with xDai can be completed under 5 second of time interval, as it simply enhances scalability of Ethereum 1.0. xDai is said to be derivative of DAI cryptocurrency that was the reason it termed as xDai. So, xDai also provide support as stablecoin along and its value remain stable as $1 US dollar. it also provides new user-friendly experience that easy to understand and adoptable for any crypto or newbie user.
Stake is a native token of xDai Chain that allow community consensus participation and takes part in incentives program.
xDai Price Prediction
|Month & Year||STAKE Price Prediction|
|All-time high||$10.37 USD|
|Exchange Platform||Uniswap, HBTC, BTSE, Hoo, Coinone.|
Stake ICO Overview
|Raised by||$220,000 USD|
|Date of ICO||28 April 2020|
|ICO Price||$0.55 USD|
Stake Price Analysis
Stake mainly secure payment layer that allow user multiple chain staking. however, stake rewarded to the validator and delegator for block production and providing transaction consensus. However, it may back stablecoin but Stake is a volatile token means it will keep fluctuating as per marketplace. Stake was distributed in ICO sale at $0.55 USD price and now it is reaches to $10.37 USD with 1771% growth. As use who invested in ICO sale already gained 17 times on their investment. as it continues see huge growth in market cap volume and expected to gain ranking in future.
How Much xDai Worth in 2030?
As per our prediction and analysis, it probably crossing $40 USD.
Is xDai a Good Investment?
Looking at marketcap volume of DAI, being derivative this project also has better future.
xDai provide lot better feature than other existing crypto that specially designed to have peer to peer, micro and retailer payments. As of now network can complete any transaction within second with lower transaction fees as $0.01 USD. it also uses ingle token for gas fees and payment along with staking capability. The project that under developed since 2019 and launched mainet in 2020 has get enough response. It also provide bridge to connect Ethereum blockchain for two way asset swap between two chains.