{"id":19981,"date":"2023-04-18T14:45:05","date_gmt":"2023-04-18T14:45:05","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrd-pumps-after-babylon-upgrade-news\/"},"modified":"2023-04-18T14:45:05","modified_gmt":"2023-04-18T14:45:05","slug":"xrd-pumps-after-babylon-upgrade-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrd-pumps-after-babylon-upgrade-news\/","title":{"rendered":"XRD pumps after Babylon upgrade news"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681820656900-6c4437d5-7d0f-4162-a9a3-26ae7b89efbb-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681820656900-6c4437d5-7d0f-4162-a9a3-26ae7b89efbb-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681820656900-6c4437d5-7d0f-4162-a9a3-26ae7b89efbb-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1681820656900-6c4437d5-7d0f-4162-a9a3-26ae7b89efbb-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Radix price was up 40% in 24 hours and 118% over the past week as trading volume jumped 155%.<\/li>\n<li dir=\"ltr\">Gains for XRD come as the layer-1 blockchain announced the date of an upcoming major upgrade.<\/li>\n<li dir=\"ltr\">XRD has broken into the top 50 cryptocurrencies by market cap with $1.16 billion as Bitcoin price looks to retake the $30k level.<\/li>\n<\/ul>\n<p dir=\"ltr\">The price of <a href=\"https:\/\/coinjournal.net\/radix\/\">Radix (XRD)<\/a> is up 40% in the past 24 hours after massive buying pressure pushed it past the psychological $0.10 mark early Tuesday. Radix is outperforming the top coins across the daily, weekly and monthly charts even as <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin price<\/a> looks to reclaim $30,000 and <a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum<\/a> moves above $2,100.<\/p>\n<p dir=\"ltr\">XRD tokens have seen a 155% jump in daily trading volume in the last 24 hours, a scenario that comes from the recent spike in market activity for the cryptocurrency. The price gains have seen XRD break into the top 50 <a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/\">cryptocurrencies<\/a> by market ranking.\u00a0<\/p>\n<p dir=\"ltr\">CoinGecko data shows Radix currently ranks 48th\u00a0on the list, with $1.16 billion in market cap.<\/p>\n<h2 dir=\"ltr\">Radix up after Babylon upgrade date announcement<\/h2>\n<p dir=\"ltr\">As the cryptocurrency market teeters on the verge of a new bull market, it\u2019s no doubt Radix has seen renewed bullish momentum. However, most of the buying pressure for XRD is down to the hype around its upcoming developments.<\/p>\n<p dir=\"ltr\">Radix is a layer-1 blockchain network built to offer truly decentralised and scalable DeFi access. In the past few days, the XRD price has surged after <a href=\"https:\/\/twitter.com\/radixdlt\/status\/1645834604031377420\" rel=\"noopener noreferrer\" target=\"_blank\">news<\/a> of its upcoming smart contracts integration. The network will also soon add full atomic composability, with support for sharding.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Babylon upgrade date confirmed: July 31st 2023.<\/p>\n<p>The upgrade from Olympia to Babylon will pave the way for global Web3 &amp; DeFi to finally exit the \u201ctech demo\u201d stage with a mainstream-capable user and developer experience.<\/p>\n<p>Read more: <a href=\"https:\/\/t.co\/XSRWWoLobE\">https:\/\/t.co\/XSRWWoLobE<\/a><\/p>\n<p>\u2014 Radix \u2013 Radically Different DeFi (@radixdlt) <a href=\"https:\/\/twitter.com\/radixdlt\/status\/1645834604031377420?ref_src=twsrc%5Etfw\">April 11, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">The highly anticipated network growth will be part of the Babylon upgrade, whose launch date was recently confirmed for 31st\u00a0July 2023. According to Radix, the upgrade is expected to pave the way for mainstream adoption of Web3 and DeFi on Radix. Currently, the features are only available in \u201ctech demo,\u201d<\/p>\n<h2 dir=\"ltr\">Radix price outlook<\/h2>\n<p dir=\"ltr\">The positive sentiment has benefitted Radix bulls. Having struggled to break past resistance around $0.08 last week, XRD\/USD exploded to an intraday high above $0.12 on early Tuesday.<\/p>\n<p dir=\"ltr\">With a 24-hour trading volume of over $16.9 million and price gain of over 118% in the past 7 days, Radix appears all set for a major swing in coming days. The bullish perspective has the daily RSI and MACD strengthening. \u00a0<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 600px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/03\/18\/1681819448823-b18568df-4f2a-45d3-bf7f-f702cd65dc88.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"263\"\/><span class=\"fr-inner\">Chart showing Radix (XRD) price. Source:\u00a0<a href=\"https:\/\/www.tradingview.com\/x\/dyy6ap9b\/\" rel=\"noopener noreferrer\" target=\"_blank\">TradingView<\/a><\/span>\u00a0<\/p>\n<p><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">Although there\u2019s been a brief lull in buying that had XRD price retreat towards $0.11, the immediate outlook suggests a pump to March 2022 highs of $0.16 could be the next step.<\/p>\n<\/div>\n<p dir=\"ltr\">The long-term <a href=\"https:\/\/coinjournal.net\/radix\/price-prediction\/\">Radix price prediction<\/a> has the XRD token trading higher in the next bull market and beyond. However , for the immediate outlook, the area around $0.074 and $0.061 provides the primary demand zone.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/radix-price-skyrockets-40-as-xrd-breaks-above-psychological-level\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Radix price was up 40% in 24 hours and 118% over the past week as trading volume jumped 155%. Gains for XRD come as the layer-1 blockchain announced the date of an upcoming major upgrade. XRD has broken into the top 50 cryptocurrencies [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":19982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19981"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=19981"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/19981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/19982"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=19981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=19981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=19981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}