The Internet of Things (IoT), as a trillion-dollar blue ocean market, is opening up new possibilities through its integration with blockchain technology. Moonchain (formerly MXC) is a pioneering project in this field, and since its establishment in Berlin, Germany in 2017, it has been dedicated to creating the largest DePIN and Layer3 native chain.
In May 2024, MXC officially completed its brand and product upgrade, rebranding to Moonchain, and successfully launched its mainnet, native cross-chain bridge, and SWAP products.
What is Moonchain?
Moonchain is a decentralized IoT DePIN network designed to provide a protocol for decentralized solutions for data exchange and communication for IoT devices.
By leveraging blockchain technology, Moonchain is committed to solving the long-standing issues of low data exchange efficiency and security in the Internet of Things (IoT) field, achieving seamless and secure data flow between devices.
Its vision is to establish a global, low-power IoT network that enables individuals and businesses to easily connect and manage their IoT devices, while improving the efficiency and transparency of data transactions.
Technical Architecture and Core Components
The technical ecosystem of Moonchain is built on a Layer 3 chain that is compatible with ZkEVM and based on Arbitrum.
This dedicated DePIN chain utilizes ZK-Rollup zero-knowledge proof technology to construct an EVM network, ensuring the security and stability of data transmission from IoT nodes. The Layer3 architecture provides good flexibility and scalability, capable of adapting to the continuously expanding network scale and diverse application scenarios.
The cross-chain interaction between Moonchain’s zkEVM and Ethereum takes less than 1 minute, with a block time of 10 seconds. Its ecosystem explorer shows that the network has already produced over 430,000 blocks and accumulated more than 1.4 million transactions.
MX Protocol is the core of the Moonchain IoT DePIN network, based on an on-chain protocol built upon LPWAN technology solutions. Its core innovations include a decentralized data marketplace and an intelligent bidding system called "Speed Auction."
Product Matrix of the Ecosystem
Moonchain has built a complete product matrix to support the development of its ecosystem.
In addition to the core Layer3 chain and MX Protocol, Moonchain has also launched a cross-chain bridge that supports the cross-chain transfer of assets between the Ethereum mainnet and its zkEVM network, primarily supporting the cross-chain of $MXC Token.
The Swap protocol in the ecosystem is a native DEX that supports trading and liquidity provision for about 20 types of assets. It is reported that the DEX’s TVL is approximately 45 million USD, with a trading volume of about 1.3 million USD.
Moonchain has also launched the MNS (DID Domain) system, allowing users to use the .mxc short domain as a new identity within the Moonchain ecosystem, gaining deeper levels of Web3 Social experience.
Practical Applications and Partners
Moonchain’s business demands primarily come from B-end clients such as government and public institutions, with operations spanning over 200 countries and regions worldwide.
Its landing project partners include well-known institutions and enterprises such as Deutsche Bahn, Bosch, the Berlin Technology Agency, Carnegie Mellon University in the United States, Canadian Tire in Canada, Enlink in South Korea, the State Grid of Korea, Citiesense in New York, and M2B in Japan.
The application scenarios cover the on-chain and transmission of data such as parking spaces, garbage bins, street lights, pedestrian flow, and vehicle flow. A specific example is that Moonchain can collect information on water quality, animal activity, and feeding systems through sensors installed at the Yangcheng Lake hairy crab farms, and miners participating in data processing can receive mining rewards.
Currently, there are over 63,000 devices connected to the Moonchain network, accumulating over 60TB of data, and the network has successfully covered 20% of the world’s land. The project has achieved business revenue and profitability.
05##
The native token of Moonchain is $MCH (formerly $MXC), which serves as the gas token for network transactions, used to pay transaction fees and maintain network security.
The maximum supply of $MCH Token is 1,000,000,000 MCH, with a total supply of 300,000,000 MCH.
On September 1, 2025, Gate announced that it will launch the spot trading of Moonchain (MCH) on September 3 at 20:00 (UTC+8) and will introduce the HODLer Airdrop event. Users holding 1 GT can participate in the airdrop for free, sharing a total of 240,000 MCH.
MCH Token Price Prediction
Price predictions for any cryptocurrency must be made with caution, as the market is influenced by various factors, including overall market sentiment, technological developments, partnerships, and the regulatory environment.
Short-term forecast (2025 - 2026): Some predictions indicate that the price of MCH may reach approximately $0.02355 in 2025, with a slight increase to around $0.024728 in 2026. These predictions are based on historical price performance models, and actual performance may vary due to market conditions.
Mid-term forecast (2027 - 2030): The same prediction model shows that the price of MCH could reach approximately $0.025964 by 2027, and may further increase to about $0.030057 by 2030. This indicates potential growth from current levels.
It is important to note that these predictions are for reference only and should not be considered as investment advice. The cryptocurrency market is highly volatile, and investors should do their own research and consult a financial advisor before making any investment decisions.
Future Development and Investment Value
Moonchain recently received a strategic investment from JDI Ventures, a DePIN investment fund under the well-known blockchain hardware manufacturer JDI Global, with a financing amount of up to 10 million USD.
JDI Global will join forces with the Moonchain team to provide support in funding, hardware development, market influence, and other aspects for the startup DePIN project, accelerating the construction of the DePIN ecosystem. After the financing, the valuation and scale of the Moonchain ecosystem are expected to further expand.
As the earliest and largest IoT DePIN network in the crypto industry, Moonchain has made significant ecological progress in the field of the Internet of Things. As the Internet of Things continues to integrate with various scenarios, the market size is expected to further expand, and the combination with DePIN is expected to drive better efficiency and cost in the IoT field.
Future Outlook
Moonchain stands at the forefront of the integration of IoT and blockchain. Its established partner network and practical applications, such as providing IoT data services for well-known institutions like Deutsche Bahn, Bosch, and Korea Electric Power Corporation, demonstrate the practicality and commercial viability of its technology.
With the launch of the MCH Token on Gate in September 2025 and the continuous development of its Layer3 on-chain ecosystem, Moonchain is driving the formation of a more open, efficient, and decentralized Internet of Things data economy system.
