MXC, the native token of the Layer 3 blockchain platform Moonchain, recently rose no less than 247%, thanks to the reactivation of his mining program and a wave of ecosystem updates.
According to Coingecko -data, Moonchain (MXC) reached an intraday highlight of $ 0.00525 on the morning of 29 May, Asian era, which pushed market capitalization past $ 11.6 million. When writing, Token had risen 675% this year compared to the lowest point, which marked one of the strongest movements in 2025 so far.
MXC Crypto also registered a sharp increase in commercial activity, whereby the daily volume nailed more than 500% compared to the previous day, which reached almost $ 22.5 million, indicating a flood of new interest and momentum.
What’s behind the rally?
There are three main catalysts who send the MXC outbreak:
First, the Moonchain team officially re -activated MXC mining on its network using Matchx’s M2 Pro- and Neo -My workers, after a temporary malfunction on 21 May. This reactivation was also carried out after a community survey by Matchx on X on 19 May, where 97.9% of the participants voted for resuming MXC -Mijnbouw.
For context, Matchx is a German technology company that builds low-energy mining hardware specifically for the Moonchain ecosystem. Their devices help the data infrastructure of Power Moonchain and enable users to earn MXC by participating in the POP system (POP) system.
Second, Moonchain plagued The upcoming launch of his first hardware offer (IHO). This campaign sends free physical mining devices, possibly wearables such as smartwatches or rings, to Moonchain token holders using an Ethereum Smart contract.
According to the Q2 2025 route map of the project, the IHO will also include “health-based” mining devices and limited-edition High-Hash-rate models to reward users who lock up their tokens early. Distribution hubs are also set up in important regions to ensure faster deliveries.
Thirdly, Moonchain recently has one Integration with OKX walletA leading wallet wallet in the web3 room. The integration has users to easily access Moonchain’s Dapps, drawing up functions and tokentools in mobile, browser and telegram.
With the support of OKX wallet for more than 1,000 protocols, the Move Better positions both existing and new users to get in touch with the ecosystem.
What is Moonchain?
For those who are unknown, Moonchain is a layer of 3 blockchain platform that combines AI, IoT and Depin (decentralized physical infrastructure networks). Native token, MXC, feeds transactions within the network, supports an inter-chain NFT marketplace and rewards participants through its energy-efficient proof of participation model.
The project also contains MX protocol and builds on Layer 2 Tech from Ethereum, including its own ZKEVM, to improve compatibility with existing Ethereum-based apps. This positions Moonchain as a solid choice for developers who work on usage cases in practice, especially in smart devices and networks for sharing data.
MXC price views
On the technical side, MXC is broken from a falling channel of several months, which often signals the start of a potential new upward trend. It also kept 61.8% Fibonacci retracement level above the key at $ 0.0048 before cooling on the press of around $ 0.0041.
Momentum indicators support the Bullish Case. The MacD lines cross up and the relative strength index is in the overboughtzone, often a sign of persistent buying pressure and strong conviction of buyers in an emerging upward trend.
Overbound circumstances, however, can also yield sales pressure in the short term if traders begin to increase profit.
If MXC goes up, the next likely goal is around $ 0.0061, an important level that it could not achieve in its earlier push. But if it falls under the support of $ 0.0030, it can slide further down to the range of $ 0.00060, which currently acts as a psychological support zone.
Publication: This article does not represent investment advice. The content and materials on this page are only for educational purposes.
