Onyx Deploys 100,000 TPS Goliath Mainnet
Onyx Protocol officially launched its Goliath mainnet on March 28, 2026, transitioning the project from a testnet environment to a fully operational production network. The new Layer-1 blockchain is engineered for high performance, with a stated capacity of up to 100,000 transactions per second and instant finality using an asynchronous Byzantine Fault Tolerance (aBFT) consensus mechanism. The mainnet is now fully integrated into the Onyx App.
The launch establishes a dual-network approach. The native XCN token remains an Ethereum ERC-20 token by default, while the Goliath network operates as a complementary, high-speed ecosystem. This strategy aims to enhance XCN's utility across both chains without forcing users to migrate entirely, positioning Goliath as a scalable network for use cases like cross-border payments and supply chain verification.
XCN Liquid Staking and Ethereum Bridge Now Live
The Goliath mainnet introduces several key DeFi functionalities accessible through the Onyx App. Users can now engage in liquid staking with their XCN tokens, earning rewards that accrue automatically through a cumulative index, eliminating the need for manual claims. Upon unstaking, users receive their principal and all accumulated rewards in a single transaction.
A native bridge now connects the Ethereum and Goliath networks, allowing for the seamless transfer of XCN tokens between the ERC-20 standard and Goliath's native asset format. This interoperability is a core feature designed to make Goliath accessible to the large existing base of Ethereum users. Additionally, the Onyx App now supports swaps between XCN, ETH, and USDC directly on the Goliath network, adding a practical layer of decentralized finance utility.
XCN Price Dips 1.15% as Market Weakness Persists
Despite the significant technical milestone, the price of XCN did not see an immediate positive reaction, declining 1.15% over the past 24 hours to trade at $0.005056. The token is also down 3.26% over the last seven days, with a 24-hour trading volume of approximately $9 million.
This price performance appears driven by wider market trends rather than the mainnet launch itself. The broader cryptocurrency market experienced a downturn, with Bitcoin recently falling to around $66,000 and pulling most altcoins lower. The project's focus now shifts toward expanding its validator set and growing the developer ecosystem to capitalize on the new infrastructure.
