In a remarkable development, Moonchain’s native cryptocurrency, MXC, has experienced an extraordinary surge, climbing over 246% in value. This dramatic price increase is fueled by two major announcements: the launch of Moonchain’s Layer 3 upgrade and the activation of MXC mining on M2 Pro and NEO devices. These developments have not only strengthened Moonchain’s position as a leader in the intersection of IoT, AI, and blockchain but have also sparked widespread excitement across the crypto community.

Layer 3 Upgrade: A Game-Changer for MXC Crypto

Moonchain’s Layer 3 upgrade marks a significant leap forward, enhancing the network’s scalability, efficiency, and user experience. By migrating to Layer 3, Moonchain aims to address the growing demand for decentralized applications (dApps) and real-world use cases, positioning itself as a strong contender within the Ethereum ecosystem. This upgrade is particularly noteworthy as it integrates hardware-level functionality, making Moonchain the first “hardware chain” for Ethereum, a feature that has garnered attention from both developers and investors.

The Layer 3 upgrade builds on Moonchain’s earlier zkEVM 1.0 release, which introduced features like a purpose-built L1 to L3 bridge for seamless token upgrades, low-fee token swapping, and an MXC Name Service (MNS) for personalized wallet identities. These enhancements make MXC crypto more accessible and versatile, appealing to a broad range of users, from individual investors to enterprises leveraging IoT solutions.

MXC Mining Launch: Community-Driven Growth

Simultaneously, the activation of MXC mining on M2 Pro and NEO devices has opened new opportunities for community participation. Users can now mine MXC tokens, contributing to the network’s decentralization and security while earning rewards. This move was directly influenced by community feedback, with Moonchain announcing on X, “You Voted! We Listened! Moonchain $MXC Mining Is Now Live – On M2 Pro & NEO!”.

This community-driven approach has solidified Moonchain’s reputation as a project that values its users’ input, further boosting the appeal of MXC crypto.

The mining launch aligns with Moonchain’s broader vision of creating a decentralized global data network using Low-Power Wide-Area Network (LPWAN) technology. By enabling users to trade LPWAN gateway access or sensor data for MXC tokens, Moonchain fosters a device data economy that supports smart cities and IoT applications, such as air quality monitoring and traffic management.

Community and Market Response

The crypto community has responded enthusiastically to these developments. Viral posts on X have highlighted MXC crypto’s price surge, with some labeling it as the “next big AI x Crypto play”.

Influencers and analysts have praised Moonchain for its real-world applications, particularly in IoT and AI, noting that while many projects talk about AI integration, Moonchain is actively building and implementing it. The project’s ecosystem, which includes dApps for decentralized data sharing, an inter-chain NFT marketplace, and lending protocols, continues to expand, driven by collaborations with notable projects like Oyster Labs and Tailz.

Market data reflects this enthusiasm. As shown in the chart below of trading view, MXC’s price has reached $0.00297 after briefly touching $0.00519, with a 24-hour trading volume of approximately $8.7 million.

MXCUSDT 2025 06 01 11 43 40

However, technical indicators suggest potential short-term volatility, with some analysts pointing to a reload zone between $0.0022–$0.0026. The correlation of price and RSI indicator is shown below. Despite this, the overall sentiment remains bullish, with many predicting further growth as Moonchain’s ecosystem matures.

MXCUSDT 2025 06 01 11 44 26

Moonchain’s Broader Vision

Moonchain, founded in 2018, leverages its Machine eXchange Protocol and LPWAN technology to create a decentralized global data network. The MXC crypto token facilitates data transactions within this network, enabling users, corporations, and enterprises to participate in a secure and transparent data economy. The project’s focus on real-world applications, such as smart city infrastructure and IoT device connectivity, sets it apart from many other cryptocurrencies.

Previous milestones, such as the 2023 rollout of the MXC Controller—a web-based IoT platform for onboarding third-party LPWAN gateways—demonstrate Moonchain’s commitment to expanding its network. Additionally, partnerships with exchanges like Kraken and Binance US have increased MXC’s accessibility, further driving adoption.

Potential Risks and Considerations

While the outlook for MXC crypto is overwhelmingly positive, there have been concerns about its volatility. One X post described MXC as a potential “pump and dump” scheme, though this view appears to be in the minority. Investors are advised to exercise caution, particularly given the overbought signals indicated by technical metrics like the Relative Strength Index (RSI). As with any cryptocurrency investment, thorough research and risk assessment are essential.

MXCUSDT 2025 06 01 11 44 26

Looking Ahead

As Moonchain continues to innovate at the intersection of blockchain, IoT, and AI, its native token, MXC, remains a focal point for investors and enthusiasts. The project’s community-driven approach, coupled with its technical advancements, positions it as a leader in the evolving crypto landscape. For those looking to stay informed, Moonchain’s official website and social media channels provide comprehensive resources and updates.

Key Metrics for MXC Crypto

Metric

Value

Current Price (USD)

$0.00297

Recent Peak (USD)

$0.00519

24-Hour Trading Volume

$8.7 million

Price Surge

246.9%

Circulating Supply

2.95 billion MXC tokens

Market Cap Rank (CoinGecko)

#1480

Quick Summary,

Moonchain’s recent developments, including the Layer 3 upgrade and the launch of MXC mining, have propelled MXC crypto into the spotlight. With a robust ecosystem, strong community support, and real-world applications, Moonchain is well-positioned to lead in the integration of IoT, AI, and blockchain technologies. While short-term volatility remains a consideration, the long-term potential of MXC crypto continues to attract significant interest, making it a project to watch in the crypto space.

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