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XDC Network jumps 14% after Animoca Brands partnership and network growth

Technical Signals
20 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

XDC Network surged over 14% in 24 hours, reversing its weekly loss to a 9% gain, driven by a strategic partnership with Animoca Brands, which will act as an institutional masternode validator. The partnership is expected to bring funding support for developers on the chain. Network activity also increased, with transactions rising to 749K in two weeks and stablecoin market cap growing 49% to $118 million, dominated by USDC. Price charts show a breakout from a bearish pattern on larger timeframes, with momentum shifting positively on smaller timeframes, suggesting potential for further gains.

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