What’s Happening at Onyx: Goliath, sXCN, and the Big Picture
The Onyx ecosystem is growing fast, and a lot has been happening behind the scenes. If you’ve been following along, you’ve probably heard about names like Goliath, Onyx Ledger, sXCN, and the Points Program. It might sound like a lot, but everything connects — and this blog will walk you through what’s new in the Onyx world in the simplest way possible.
Let’s Start with Goliath
Goliath is the name of Onyx’s brand-new Layer 1 blockchain. It’s being built mainly for banks, financial institutions, and companies that move a lot of money every day. The goal? To make blockchain technology fast and safe enough for the big guys to use it in real life.
Right now, payment systems like Visa can handle around 24,000 transactions every second. Onyx Goliath wants to meet or even beat that speed, using a much more eco-friendly system called Proof of Stake (PoS). This means fewer computers working overtime and less energy used — all while keeping things secure and smooth.
Here’s the plan:
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Q2 2025 – Goliath’s whitepaper will be shared.
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Q3 2025 – The test version (testnet) goes live for developers and partners to try out.
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Q1 2026 – Mainnet launch, the real thing.
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Q2 2026 – Launch of the Bank Mesh Network (a secure way for banks to connect through blockchain).
What About Onyx Ledger?
While Goliath is still on the way, Onyx Ledger is already up and running. It’s built as a Layer 3 on Ethereum. This just means it's faster and cheaper to use, while still being connected to Ethereum’s security.
You can use Onyx Ledger to move tokens like XCN, do transactions quickly, and soon — a lot more. It’s simple, fast, and built with users in mind.
Meet sXCN — Staking Made Easy
Staking is a way to lock up your XCN tokens and earn rewards. When you stake your XCN, you get sXCN in return. This is your proof that you’ve staked and it opens up more use in the Onyx ecosystem.
You can:
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Join in governance (vote on future updates).
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Earn passive rewards.
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Use sXCN in upcoming products like Goliath.
It’s easy to do, and it’s a way to be part of the bigger picture while earning for supporting the network.
Points Program – Boost for Early Users
To encourage people to use Onyx Ledger, there’s also a Points Program. If you bridge assets like WETH, USDT, USDC, or CBTC from the Base chain to Onyx, you can earn points — and some even come with a 10x multiplier.
This is great for early users and liquidity providers. The more you do, the more you earn. And don’t worry — a full portal is coming soon where you can track and claim your points.
Bridging is easy through Superbridge.app or bridge.onyx.org, and it helps grow the ecosystem.
Everything Connects
The best part? Everything Onyx is building connects. XCN stays on Ethereum, but it can be bridged to both Onyx Ledger and Goliath. That means everything works together — no matter what layer you’re on.
Whether you’re a regular crypto user or a financial institution, there’s something in the Onyx ecosystem for you. It’s built to scale, grow, and support both current users and the next wave of adoption.
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