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Altcoins

XDC Network processed 27.7 million transactions in August, a monthly record

@XDCNetwork closed August with the strongest month of on-chain activity in its history. The network processed 27.7 million transactions, a figure that represents a 50% increase over the prior

AnonymousCryptoCompass newsroom
September 3, 2026
2 min read
NEWS
XDC Network processed 27.7 million transactions in August, a monthly record
CryptoCompass editorial visual for altcoins coverage.

@XDCNetwork closed August with the strongest month of on-chain activity in its history. The network processed 27.7 million transactions, a figure that represents a 50% increase over the prior six months, according to data shared by XDC Network and cited by Token Terminal analytics.

Validator Set Expands With Institutional Names

The network's validator ecosystem grew roughly 26% over the quarter and now exceeds 320 active nodes. Three new institutional names joined during August. Hex Trust, a digital asset custodian active across APAC and the Middle East, joined as a Masternode Validator to verify transactions and contribute to network consensus. Clear Street, a regulated financial infrastructure firm headquartered in New York that serves more than 700 institutional clients and processes around 550 million shares in daily trading, also joined the validator set. Blockchain infrastructure provider LinkPool rounded out the August additions.

Clear Street CEO Robert Rutherford framed the move in capital markets terms, saying the firm wants to be "accountable for the next layer of capital markets" by helping to operate it. The broader validator roster already includes Deutsche Telekom, SBI Holdings, Animoca Brands, HashKey Cloud, and Republic, among others.

OrbitX Cards and the QAIX Alliance

August also brought two product-level developments. The $XDC token went live on OrbitX corporate cards, extending its utility into everyday business payments. Separately, the network launched QAIX, a Quantum Computing and Artificial Intelligence Alliance built on XDC. The consortium brings together leaders across quantum computing, digital assets, financial infrastructure, and industrial robotics, with its main base in Manhattan and additional presence in Washington DC, Miami, and the San Francisco Bay Area.

The record transaction count sits against a broader push by XDC to position itself as a settlement layer for real-world assets, trade finance, and the emerging AI agent economy. The network is EVM-compatible and runs on XDPoS 2.0, a delegated proof-of-stake consensus mechanism, with support for up to 2,000 transactions per second.

Sources:Finance Magnates: XDC Network Hits All-Time High in Monthly TransactionsCrypto Briefing: Clear Street Joins XDC Network as Institutional-Grade ValidatorKuCoin: XDC Network Adds Hex Trust as Institutional Masternode Validator