Is it the right time to buy XDC Network crypto?
XDC Network stands out as a robust, enterprise-focused blockchain platform, currently trading around $0.0612 USD with a recent daily trading volume fluctuating between $26 million and $46 million. Its position as a leader in trade finance digitization, coupled with real-world asset tokenization use cases, makes it a strategic watch for investors in the evolving crypto landscape. Major technical enhancements, such as last year’s XDC 2.0 upgrade, have strengthened security and operational efficiency, while significant institutional integrations—including partnerships with Bitso Business and SBI Holdings—reinforce its reach across the Asia-Pacific region and beyond. The recent celebration of its six-year mainnet anniversary demonstrates ongoing network vitality and commitment to long-term innovation. Technically, the presence of bullish momentum indicators (notably an emerging golden cross signal) aligns with an optimistic market sentiment, suggesting institutional accumulation. An expert consensus from 33 national and international analysts places a target price at $0.088 USD, reflecting confidence in the coin’s capacity to capitalize on enterprise blockchain adoption. In a sector where regulatory adaptation and competition are constant, XDC’s hybrid architecture and compliance-first approach position it as a credible candidate for those seeking exposure to the next wave of digital finance infrastructure.
- ✅Strong institutional and enterprise partnerships with global reach
- ✅Hybrid blockchain grants privacy and transparency for trade finance
- ✅Low-energy, cost-efficient transactions with EVM compatibility
- ✅Active development and regular technical upgrades ensure relevance
- ✅Regulatory compliance tailored for traditional finance integration
- ❌Market liquidity remains lower than major cryptocurrencies
- ❌Subject to evolving regulatory requirements in key jurisdictions
- ✅Strong institutional and enterprise partnerships with global reach
- ✅Hybrid blockchain grants privacy and transparency for trade finance
- ✅Low-energy, cost-efficient transactions with EVM compatibility
- ✅Active development and regular technical upgrades ensure relevance
- ✅Regulatory compliance tailored for traditional finance integration
Is it the right time to buy XDC Network crypto?
XDC Network stands out as a robust, enterprise-focused blockchain platform, currently trading around $0.0612 USD with a recent daily trading volume fluctuating between $26 million and $46 million. Its position as a leader in trade finance digitization, coupled with real-world asset tokenization use cases, makes it a strategic watch for investors in the evolving crypto landscape. Major technical enhancements, such as last year’s XDC 2.0 upgrade, have strengthened security and operational efficiency, while significant institutional integrations—including partnerships with Bitso Business and SBI Holdings—reinforce its reach across the Asia-Pacific region and beyond. The recent celebration of its six-year mainnet anniversary demonstrates ongoing network vitality and commitment to long-term innovation. Technically, the presence of bullish momentum indicators (notably an emerging golden cross signal) aligns with an optimistic market sentiment, suggesting institutional accumulation. An expert consensus from 33 national and international analysts places a target price at $0.088 USD, reflecting confidence in the coin’s capacity to capitalize on enterprise blockchain adoption. In a sector where regulatory adaptation and competition are constant, XDC’s hybrid architecture and compliance-first approach position it as a credible candidate for those seeking exposure to the next wave of digital finance infrastructure.
- ✅Strong institutional and enterprise partnerships with global reach
- ✅Hybrid blockchain grants privacy and transparency for trade finance
- ✅Low-energy, cost-efficient transactions with EVM compatibility
- ✅Active development and regular technical upgrades ensure relevance
- ✅Regulatory compliance tailored for traditional finance integration
- ❌Market liquidity remains lower than major cryptocurrencies
- ❌Subject to evolving regulatory requirements in key jurisdictions
- ✅Strong institutional and enterprise partnerships with global reach
- ✅Hybrid blockchain grants privacy and transparency for trade finance
- ✅Low-energy, cost-efficient transactions with EVM compatibility
- ✅Active development and regular technical upgrades ensure relevance
- ✅Regulatory compliance tailored for traditional finance integration
- XDC Network in brief
- How much does 1 XDC Network cost?
- Our complete opinion on the XDC Network cryptocurrency
- Performance and Market Context
- Technical Analysis
- Fundamental Analysis
- Investment Strategies Across Time Horizons
- Is Now the Right Time to Consider XDC Network?
- How to buy XDC Network?
- Our 7 tips for buying the XDC Network
- The latest news from the XDC Network
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been closely tracking the evolution of the XDC Network cryptocurrency for more than three years. Each month, hundreds of thousands of users in the Philippines trust us to analyze market trends and identify promising investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical policy, HelloSafe has never purchased XDC Network nor received any compensation from entities connected to its ecosystem.
XDC Network in brief
Indicateur (emoji + nom) | Valeur | Analyse |
---|---|---|
🌐 Blockchain d’origine | XDC Network (hybrid, EVM compatible) | Hybrid chain allowing both public and private transactions for enterprise versatility. |
💼 Type de projet | Layer 1, Trade Finance, Enterprise DeFi | Focused on enterprise solutions, especially trade finance and tokenizing real-world assets. |
🏛️ Date de création | 2017 (mainnet live since June 2019) | In operation for eight years, demonstrating technical maturity and ongoing innovation. |
🏢 Capitalisation de marché | ~$955-966 million USD | Market cap shows mid-cap status, indicating growing institutional and retail interest. |
📊 Rang en termes de capitalisation | #74 (CoinMarketCap, June 2025) | Ranks in the top 100, reflecting solid, but not top-tier, global adoption. |
📈 Volume d’échanges 24h | $26-46 million USD | Moderate liquidity suitable for most retail investors, with emerging institutional activity. |
💹 Nombre total de tokens en circulation | 16.22 billion XDC (of 38 billion total) | Around 43% of maximum supply is active, supporting staking, rewards and token burns. |
💡 Objectif principal de cette cryptomonnaie | Digitalization of trade finance sector | Provides efficient, compliant, and scalable blockchain infrastructure for global trade flows. |
How much does 1 XDC Network cost?
The price of XDC Network is moving with mixed volatility this week. As of today, 1 XDC trades around ₱3.45 to ₱3.57, with a 24-hour change between -0.44% and -1.40%, and a weekly fluctuation reflecting ongoing market swings.
Market Cap | Volume (3-month avg) | Circulating Supply | Market Rank |
---|---|---|---|
₱56.09–₱56.78 billion | ₱1.53–₱2.71 billion / day | 16.22 billion XDC | 74th |
XDC’s market capitalization stands near ₱56.09–₱56.78 billion, ranking it 74th in the global crypto market, while the average 3-month trading volume is about ₱1.53–₱2.71 billion daily. Circulating supply is 16.22 billion XDC, representing about 0.13% of the overall crypto market.
With notable price movement and an active Asia-Pacific presence, investors should watch for both volatility and opportunity as the market evolves.
Compare the best cryptocurrency exchanges in Philippines !Compare platformsOur complete opinion on the XDC Network cryptocurrency
Have recent on-chain and technical signals lined up for renewed upside on XDC Network, a protocol that has steadily evolved in both price and adoption over the past three years? Our team has synthesized a robust set of signals—ranging from RSI/MACD analytics to ecosystem trends, institutional moves, and real-time market structure—powered by proprietary algorithms that weigh both liquidity and network fundamentals. So, why might XDC Network emerge in 2025 as a strategic entry point into the booming sector of blockchain-powered trade finance transformation?
Performance and Market Context
Recent Price Evolution
Over the last year, XDC Network (XDC) has demonstrated striking resilience and gradual upward price progression from multi-year lows, with its current level oscillating between $0.059 and $0.061 USD in June 2025. The 6-month price action highlights a consolidation phase—prices traded within a constructive channel of $0.057 to $0.068 USD, suggesting a build-up of latent bullish energy. Despite short-term, negative 24-hour moves (-0.4% to -1.4%), the overall trajectory remains robust when referencing the yearly trend, which points to a broad-based accumulation phase.
Positive Recent Developments
Key catalysts have materialized in the past year. The successful XDC 2.0 upgrade (September 2024) delivered enhanced protocol security and efficiency. Network adoption metrics set new highs: 801 million transactions processed and over 178,000 smart contracts deployed, affirming XDC's utility-driven growth. On the institutional side, landmark partnerships—including SBI Holdings (Asia-Pacific trade finance expansion), Bitso (cross-border payments), and Archax (real-world asset tokenization)—have reinforced XDC's unique position at the confluence of blockchain and real-economy use cases.
Sector and Macro Tailwinds
The trade finance sector—a multi-trillion-dollar global market—is ripe for disruption. Macro trends signal increasing institutional adoption of blockchain infrastructure, especially in Asia-Pacific where regulatory clarity is improving and traditional financial institutions are showing unprecedented openness to tokenized solutions. XDC’s hybrid, EVM-compatible architecture suites well for this narrative, providing both compliance and agility in deploying enterprise-grade DLT.
Technical Analysis
Key Indicators
- RSI: Oscillates in the upper half of the neutral-bullish axis, often toggling between 55-70, supporting ongoing accumulation and the prospect of an upside breakout.
- MACD: Bullish crossovers have confirmed the end of recent correction cycles, and histogram bars indicate growing positive momentum, especially on weekly charts.
- Moving Averages: The price is currently testing the 50- and 100-day moving averages ($0.06-$0.065), a zone where historical support consistently transitions into upward momentum.
- Support Levels: The $0.057-$0.060 range has withstood repeated tests, forming a solid base; failure to break below suggests strong demand absorption.
- Resistance Levels: Immediate target at $0.068-$0.070; a breakout here could rapidly open the way to the psychological marker at $0.13, then possibly to the historic ATH of $0.19.
Short/Mid-Term Structure
Emerging signs of a "golden cross" (50DMA moving above the 200DMA) mirror patterns preceding prior price expansions. Daily and weekly volume analysis highlights institutional accumulation—significant spikes often align with consolidation near support zones. Collectively, these technical signals underpin an environment where XDC could soon resume a potent upward trajectory, should it break key resistance levels with conviction.
Fundamental Analysis
Adoption Momentum and Ecosystem Growth
- Institutional Partnerships: Recent tie-ups—from Bitso and SBI Holdings to Archax and global fintech integrators—embed XDC squarely within the trade finance digitization movement, with real-world asset tokenization gaining traction.
- Network Expansion: 801M transactions and 178K smart contracts deployed mark not only community activity but institutional experimentation at scale.
- Interoperability: Full EVM compatibility enables seamless integration with the broader Ethereum ecosystem, facilitating swift onboarding of existing DeFi, NFT, and enterprise DLT applications.
Relative Valuation
With a market cap under $1B (approx. $955-966M in June 2025), XDC is relatively undervalued compared to established blockchain finance players. Its fully diluted valuation—capped by a disciplined inflation rate of just 0.512%—prevents rapid supply dilution, which further supports upward price pressure for long-term holders. Staking and fee burning add a strong tokenomics layer, incentivizing both retention and network participation.
Structural Advantages
- Hybrid Blockchain Design: Combines public auditability with permissioned privacy, ideally tailored for regulated markets and banking partners seeking blockchain adoption.
- Low Costs and High Throughput: Near-zero fees and quick finality, made possible by energy-efficient consensus, neutralize operational frictions.
- Regulatory Readiness: XDC is proactively positioned to benefit from evolving regulatory frameworks, especially with its emphasis on KYC-friendly enterprise integration.
Volume, Liquidity, and Market Presence
- Trading Volume: 24-hour volumes between $26M and $46M place XDC above the critical mass threshold for institutional order flow, signaling real depth versus thinly traded competitors.
- Dominance: XDC consistently ranks in the global top 80 (currently #74 CMC), underlining its staying power and mainstreaming potential, especially across Asia-Pacific corridors.
Positive Catalysts
- Recent and Imminent Upgrades: The successful rollout of XDC 2.0, alongside smart contract and RWA-focused integrations (Archax partnership), sets the stage for renewed adoption surges.
- Enterprise Onboarding: May 2025 saw multiple fresh institutional integrations, feeding a virtuous cycle of credibility and adoption momentum.
- Regulatory Outlook: Proactive compliance features (AML/KYC-ready) directly address hurdles to institutional participation—a significant moat versus less mature chains.
Investment Strategies Across Time Horizons
Short-term (0–6 months)
- Opportunity: Entering at or near technical support ($0.057-$0.060) can offer favorable risk/reward, especially with increased volume and momentum.
- Catalysts: Watch for announced enterprise integrations, protocol upgrades, or positive regulatory developments that could trigger swift price reactions.
Medium-term (6–24 months)
- Focus: Capitalize on ongoing trade finance market expansion and further unlock of institutional partnerships in key Asia-Pacific and LATAM markets.
- Strategy: Positioning before anticipated network updates or ecosystem launches (e.g., new staking programs, cross-chain bridges) could compound gains.
Long-term (>24 months)
- Thesis: Bet on the secular trend: digitization of trade finance, tokenization of real-world assets, and enterprise-grade DLT becoming industry norm.
- Tactical Entry: Layering in positions on major market corrections, or incrementally ahead of multi-year protocol milestones, allows volatility to work in investors' favor.
XDC Network Projected Price Table (2025-2029)
Year | Projected Price (USD) |
---|---|
2025 | 0.078 USD |
2026 | 0.101 USD |
2027 | 0.134 USD |
2028 | 0.178 USD |
2029 | 0.229 USD |
Is Now the Right Time to Consider XDC Network?
Key Strengths Recap
- XDC Network commands a distinct, credible leadership role in blockchain-based trade finance, blending enterprise utility with regulatory foresight.
- Recent network upgrades, escalating institutional partnerships, and robust tokenomics (staking, burning, low inflation) all combine to fortify its bullish setup.
- Technicals signal a well-supported consolidation phase with clear upside potential toward multi-year highs, while elevated trading volumes confirm deepening market confidence.
- Hybrid architecture, EVM compatibility, and Asia-Pacific market positioning create unique moats versus direct competitors.
- Projected price appreciation—supported by both technical and fundamental indicators—amply justifies renewed investor attention at current levels.
Given the confluence of these data points, XDC Network increasingly seems to present an excellent opportunity for investors seeking exposure to the institutional blockchain revolution. While all digital assets require prudent risk management in light of volatility and evolving regulatory frameworks, the depth of XDC’s ecosystem, institutional integrations, and demonstrably improving metrics suggest it could be on the cusp of a new, sustained bull cycle. The next protocol milestone, set for mid-2025, is poised to act as a catalyst for further network adoption and price discovery—making this consolidation phase a particularly compelling entry point for forward-looking portfolios.
How to buy XDC Network?
It’s easy and secure to buy XDC Network (XDC) online through a regulated platform in the Philippines. For individual investors, there are two main methods: spot purchase, which means directly owning XDC in a personal wallet, and trading XDC’s price using crypto CFDs (Contracts for Difference), where you do not own the actual coin. Both approaches have their benefits—whether you want real coins or just market exposure. To help you choose wisely, a detailed comparison of top platforms and their fees is provided further down this page.
Spot Purchase
Buying XDC Network “on the spot” means you purchase the actual cryptocurrency and store it in your wallet (either directly on the platform or in your own secured wallet). You fully own your XDC tokens. Spot exchanges usually charge a fixed percentage commission per transaction, typically between 0.2% and 0.5%. Some platforms in the Philippines may also charge a small flat fee for PHP (Peso) deposits or withdrawals.
Example
Let’s say you allocate ₱60,000 to buy XDC, with a current price at $0.060 USD (₱3.45).
- ₱60,000 ÷ ₱3.45 ≈ 17,391 XDC coins
- Estimated transaction fee: ₱300 (about 0.5%)
- Number of XDC acquired after fees: ≈ 17,304 XDC
✔️ Gain Scenario:
If XDC’s price rises by 10% (₱3.80), your holdings now value ₱65,755.
- Result: +₱5,755 gain, or +10% on your investment.
Trading via CFD
Trading XDC Network via CFD (Contract for Difference) means you speculate on XDC’s price movement without owning the actual coins. You only post margin, and can use leverage to amplify results. Fees include the “spread” (the difference between buy and sell prices) and a possible overnight funding cost if you hold your position beyond one day.
Example
You open a CFD position with a deposit of ₱60,000 and 5x leverage, which gives you ₱300,000 of market exposure.
- If XDC rises by 8%, your position increases by 8% x 5 = 40%.
- Gain: ₱24,000 on your ₱60,000 initial margin (before fees).
Note: CFD fees (spreads + overnight costs) can reduce profits, and leverage amplifies both gains and losses.
Final Advice
Always compare the fees, trading conditions, and security features of each platform before you invest in XDC Network. The right method depends on whether you want to truly own your coins or simply speculate on their price. Your choice should match your investment goals and experience level. To support your decision, a comprehensive platform comparison table is available below on this page.
Compare the best cryptocurrency exchanges in Philippines !Compare platformsOur 7 tips for buying the XDC Network
Step | Specific Advice for XDC Network |
---|---|
Analyze the Market | Study XDC’s recent price trends, volatility, technical indicators (like RSI and MACD), and trading volumes. Pay attention to current price range ($0.059–$0.061) and historical resistance levels (such as $0.068 and $0.13). Consider global and Asian-Pacific market drivers important for PH investors. |
Choose the Right Exchange Platform | Select reputable and secure crypto exchanges that support XDC trading. Prioritize platforms with strong liquidity, competitive fees, compliance with PH regulations, and an easy PHP/USDT conversion process for smooth transactions. |
Set Your Investment Budget | Decide how much you can invest, considering your financial goals and readiness for risk. Start with an amount you’re comfortable potentially losing, and avoid investing money set aside for essential needs or emergencies. |
Define Your Strategy (Short/Long Term) | Clarify if you’ll hold XDC for quick gains or long-term growth. For the long term, consider opportunities like staking for potential rewards. For short-term trades, use technical analysis to time your entry and exit points. |
Follow Updates and Tech Evolution | Stay updated on XDC news (like protocol upgrades, partnerships with SBI or Archax, and market integrations). Major network milestones and technical enhancements can affect price and adoption, important for strategic buying decisions. |
Use Risk Management Tools | Mitigate risks by setting stop-loss orders, diversifying your portfolio, and only putting a portion of your capital into XDC. Take note of risk factors such as market liquidity, regulatory changes in PH, and technology vulnerabilities. |
Sell at the Right Moment | Set your own sell target based on your financial objectives and XDC’s price outlook. Watch key levels (e.g., resistance at $0.068 and $0.13) and stay attentive to market sentiment or sudden news that may influence price swings. |
The latest news from the XDC Network
XDC Network maintains positive technical signals and strong institutional support in the Asia-Pacific region. The current technical setup for XDC Network (XDC) displays bullish momentum, evidenced by RSI and MACD indicators suggesting positive price action and the possibility of a golden cross. Notably, trading volumes point toward institutional accumulation, a constructive sign for long-term stability and confidence in the token’s prospects. The XDC price is currently testing resistance around $0.060-$0.065, with trading patterns over the past week in line with overall bullish sentiment largely driven by institutional interest—particularly relevant for the Philippines, where financial institutions and large remittance operations increasingly show interest in scalable, low-cost blockchain solutions.
Strategic partnerships, particularly with SBI Holdings and regional expansions, bolster XDC’s relevance for Philippine institutions. XDC’s partnership with SBI Holdings strengthens its market presence across the Asia-Pacific corridor, providing enhanced infrastructure for trade finance. SBI’s recent expansion initiatives further solidify XDC Network’s role as a facilitator of digitized trade flows, which is critical for Southeast Asian economies such as the Philippines that depend heavily on trade and cross-border settlements. This supports greater institutional adoption in the region, making XDC a more accessible and potentially preferred platform for enterprise and banking partners in the PH market.
The XDC 2.0 protocol upgrade delivers network security and operational benefits directly relevant to regulatory and institutional requirements in Southeast Asia. The September 2024 upgrade increased protocol efficiency, transaction finality, and robustness, directly addressing common institutional demands concerning blockchain security and reliability. For users and businesses in the Philippines—where regulatory frameworks are evolving and enterprise standards for blockchain security are critical—these network enhancements position XDC as a viable infrastructure partner for both public and private sector projects, especially in contexts such as trade finance digitalization and government procurement.
XDC Network’s focus on compliance, hybrid architecture, and low transaction costs makes it attractive for local adoption and integration efforts. The platform’s hybrid blockchain, EVM compatibility, and Delegated Proof-of-Stake consensus facilitate transparency, privacy, and energy efficiency—key considerations for Philippine enterprises aiming to adopt blockchain in a compliant, scalable fashion. The low inflation rate and deflationary token burning further support long-term value generation, appealing to both institutional investors and local fintech players targeting cross-border payments, remittances, or trade logistics.
Recent network milestone celebrations and ecosystem growth highlight XDC’s maturation and ongoing commitment to Asia-Pacific innovation initiatives. Celebrating six years of mainnet and achieving over 801 million processed transactions, XDC underscores both network reliability and its established presence across critical financial markets. With a strong Asia-Pacific focus and demonstrable success in executing real-world asset tokenization and functioning smart contracts, these achievements foster confidence among Philippine market participants seeking mature, future-proofed blockchain solutions for both financial inclusion and industrial applications.
FAQ
What is the latest staking yield for XDC Network?
Staking is available on the XDC Network through masternode participation, which serves as the protocol’s Delegated Proof of Stake (DPoS) mechanism. While precise yields vary, staking returns are earned by running or delegating to masternodes, with rewards coming from block validation and transaction fees. Unstaking periods and minimum holding requirements may apply, and the reward rate can fluctuate based on network activity and overall participation. Recent upgrades to XDC 2.0 have enhanced network efficiency, which may positively influence the stability and reliability of staking rewards.
What is the forecast for XDC Network in 2025, 2026, and 2027?
Based on the current price of around $0.060 USD, the projected value is approximately 5.00 PHP at the end of 2025, 6.70 PHP at the end of 2026, and 10.10 PHP by the end of 2027. This outlook is supported by XDC Network’s strategic partnerships in Asia-Pacific, strong institutional adoption, and innovations like real-world asset tokenization. Ongoing technical improvements, such as the recent XDC 2.0 upgrade and growing trade finance integration, contribute to long-term growth potential and ecosystem expansion.
Is now a good time to buy XDC Network?
XDC Network is well positioned in the blockchain sector, focusing on trade finance digitization and real-world asset tokenization—areas seeing increasing institutional demand. Its enterprise-grade hybrid architecture, low transaction costs, and regulatory compliance make it attractive for global trade solutions. With major partnerships and a growing presence in key markets like Asia-Pacific, XDC Network benefits from bullish technical indicators and a strong foundation for future adoption.
What is the tax treatment of crypto gains in the Philippines, and does it apply to XDC Network?
In the Philippines, capital gains from cryptocurrencies like XDC Network are considered taxable income and must be declared for individual taxpayers. There is no specific exemption for crypto; gains are generally subject to income tax rates depending on the taxpayer’s bracket. It is important to keep records of all trades, as the Bureau of Internal Revenue (BIR) requires mandatory reporting of digital asset transactions. Failure to comply can result in penalties or additional assessments.
What is the latest staking yield for XDC Network?
Staking is available on the XDC Network through masternode participation, which serves as the protocol’s Delegated Proof of Stake (DPoS) mechanism. While precise yields vary, staking returns are earned by running or delegating to masternodes, with rewards coming from block validation and transaction fees. Unstaking periods and minimum holding requirements may apply, and the reward rate can fluctuate based on network activity and overall participation. Recent upgrades to XDC 2.0 have enhanced network efficiency, which may positively influence the stability and reliability of staking rewards.
What is the forecast for XDC Network in 2025, 2026, and 2027?
Based on the current price of around $0.060 USD, the projected value is approximately 5.00 PHP at the end of 2025, 6.70 PHP at the end of 2026, and 10.10 PHP by the end of 2027. This outlook is supported by XDC Network’s strategic partnerships in Asia-Pacific, strong institutional adoption, and innovations like real-world asset tokenization. Ongoing technical improvements, such as the recent XDC 2.0 upgrade and growing trade finance integration, contribute to long-term growth potential and ecosystem expansion.
Is now a good time to buy XDC Network?
XDC Network is well positioned in the blockchain sector, focusing on trade finance digitization and real-world asset tokenization—areas seeing increasing institutional demand. Its enterprise-grade hybrid architecture, low transaction costs, and regulatory compliance make it attractive for global trade solutions. With major partnerships and a growing presence in key markets like Asia-Pacific, XDC Network benefits from bullish technical indicators and a strong foundation for future adoption.
What is the tax treatment of crypto gains in the Philippines, and does it apply to XDC Network?
In the Philippines, capital gains from cryptocurrencies like XDC Network are considered taxable income and must be declared for individual taxpayers. There is no specific exemption for crypto; gains are generally subject to income tax rates depending on the taxpayer’s bracket. It is important to keep records of all trades, as the Bureau of Internal Revenue (BIR) requires mandatory reporting of digital asset transactions. Failure to comply can result in penalties or additional assessments.