Top Analyst Favours Buying Onyxcoin (XCN) Over Solana: Here’s Why

Onyxcoin has been one of the cryptos that have caught investors’ attention so far in 2025. With potential to fly, some may be wondering how the coin compares to some established names, like Solana.

Solana is known for its volatility and it also leads the altcoins pack many times when cryptos are pumping. However, top analyst Lee the Captain thinks that SOL stands no chance beside XCN.

Discussing with his close to 50,000 subscribers, Lee thinks holding XCN is better than SOL. The following paragraphs will discuss his thoughts.

The Potential of Onyxcoin and How Solana Falls Short

Lee believes Onyxcoin has a potential for growth in the bull run. He sets a price target of $1 for XCN within the next 6 to 10 months, which would translate to a market cap of around $30 billion. To put this into perspective, he notes that this is not an unprecedented figure, considering cryptocurrencies like Dogecoin have reached over $80 billion and BNB over $100 billion.

According to Lee, Solana cannot achieve similar gains in the same timeframe. While acknowledging Solana as a solid Layer-1 blockchain, he argues that its massive existing valuation makes a 33x return practically impossible. A 33x increase would push Solana’s price to an unrealistic $6,500, with a market cap of approximately $3.2 trillion.

Lee draws parallels between XCN and established cryptocurrencies like XRP and XLM. He suggests that while XCN might not become the absolute market leader, even achieving a top 5 position in the global trade and finance market would be impressive. Many investors are seeking the “next XRP or XLM”, and Lee believes XCN could be that opportunity.

Market Opportunities and Potential

The payments market, valued at over $2 trillion, presents a significant opportunity for XCN. The global trade and finance market is projected to reach $5 trillion by 2028, according to Mordor Intelligence. Despite current concerns about XCN’s adoption, Lee sees promising future potential, drawing comparisons to the trajectories of Ripple, Stellar, and XDC.

Read Also: Chainlink Breaks Free, Signals Massive Rally – Key LINK Price Targets Revealed

If forced to choose between XCN and Solana for the current bull run, Lee would unequivocally select XCN. He points to encouraging market trends, including over 600 million crypto owners worldwide and historical patterns of altcoin performance post-Bitcoin halving events.

Lee the Captain concludes that XCN reaching $1 would not surprise him at all, making it his preferred investment choice in the current crypto landscape.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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