XDC Network vs Provenance Blockchain

XDC Network (XDC) is 1.7× the size of Provenance Blockchain (HASH) by market capitalisation. Over the past 30 days, XDC is ahead by 31.3 percentage points (XDC +12.7% against HASH -18.6%). Their daily returns move barely in opposite directions (correlation -0.21 across 59 shared trading days). HASH has been the more volatile of the two, at 159% annualised against XDC's 62%.

Correlation: -0.21
Size ratio: 1.7×
Ahead over 30 days: XDC

XDC NetworkXDC

$0.031518

24h: +1.71%
Market cap: $628.68M
Volume 24h: $21.65M
Volatility (ann.): 62%

Provenance BlockchainHASH

$0.006183

24h: -1.74%
Market cap: $369.91M
Volume 24h: $1,874
Volatility (ann.): 159%

XDC 63.0%Share of the two combined market caps37.0% HASH

Performance

XDCHASH

7 days-4.16%-16.31%XDC
30 days+12.70%-18.65%XDC

Correlation

-0.21over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2890d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	XDC	HASH
Max drawdown (400d)	-11.8%	-30.9%
Risk-adjusted return (90d)	0.26	-0.10

Relative strength over 90 days: XDC outperformed HASH by 39.4% — measured on the XDC/HASH ratio, so it holds regardless of market direction.

XDC Network →Provenance Blockchain →