What is XCAD Network (XCAD)?

Deep Dive

1. Tokenomics & governance

XCAD shows extreme supply concentration with whales holding 89.19% of circulating tokens (CoinMarketCap). This creates liquidity risks - the $1.56M market cap could face amplified swings from single-holder actions. While 77.68% of addresses are long-term holders (>1 year inactive), this likely reflects small retail positions given 97.5% of wallets hold <$1k worth.

The token has shown poor price resilience, down 91.77% YoY despite moderate 30-day performance (+0.95%). With 47.7M tokens circulating (24% of total supply), future unlocks could pressure prices if demand doesn't scale proportionally.

2. Ecosystem & adoption

Network activity appears limited - $0 average transaction fees suggest minimal onchain utility. While total holders grew 36% YoY to 30,847 addresses, 79.9% of supply remains controlled by just 10 wallets (IntoTheBlock). This imbalance between retail participation and whale control raises questions about organic adoption.

The project's content creator focus (implied by blog categories) faces stiff competition from established Web3 platforms like Audius and Rally. No major partnerships or ecosystem developments appear in available data through July 2025.

Conclusion

XCAD's combination of extreme supply concentration and unproven use case makes it a high-risk proposition, though long-term holder persistence suggests residual belief in its vision. How might upcoming token unlocks (52.7% still locked) interact with the platform's ability to demonstrate real utility for content creators?