The price of Onyxcoin (XCN) has experienced a significant surge in recent weeks, raising questions about its future trajectory. After experiencing a dramatic drop following an initial bull run in 2025, the token is now showing signs of renewed growth. This surge is attributed to the launch of Goliath, a layer-1 blockchain designed for financial institutions by Onyxcoin. llowing near-instant Visa-like transaction speeds (up to 24,000 TPS using PoS), this platform aims to revolutionize the financial sector, and market expectations are growing significantly. This renewed excitement has fueled a notable price increase, with XCN seeing a surge of over 2000% in just two weeks. The initial bearish activity was halted at the start of this month. Following some accumulation, the token saw a strong recovery with a 150% upswing that initiated a robust recovery. Experts are predicting further growth for the coin, based on these factors: the breaking out of a falling wedge pattern, as well as the bullish crossover on the Ichimoku cloud and RSI surge into an overbought zone. However, this potential bull run may face some resistance with current market trends. 20% – 30% is the likely range for price movement in the coming week. The short-term outlook remains optimistic, with analysts anticipating further gains toward a new ATH soon. With successful testnet launch and the anticipated mainnet launch early in 2026, this sustained bullish trend may propel XCN towards significant highs.