Why Onyxcoin (XCN) Could Be a More Promising Bet Than Solana Right Now

Many crypto investors are constantly weighing which tokens have the best long-term potential. In a video, analyst Lee the Captain made a bold case for choosing Onyxcoin (XCN) over Solana (SOL), explaining why he personally thinks XCN could be a smarter hold right now.

This opinion was shared on the Lee the Captain YouTube channel, where he compared both coins from a market cap and growth potential standpoint. His analysis wasn’t about hyping a project but laying out a simple investor mindset. While he repeatedly emphasized that nothing he says is financial advice, he gave several clear reasons why XCN has his attention.

Lee starts by doing a bit of math. If XCN reaches a price of $0.25, that would be about a 17x gain from where it currently stands. Based on its circulating supply, that would give XCN a market cap of around $8.5 billion.

XCN Price Chart

In contrast, Solana’s market cap is already around $80 billion. For SOL to make similar gains, it would need to reach valuations above a trillion dollars, which Lee finds unlikely to happen anytime soon. In his view, those kinds of market cap leaps are extremely rare, and while crypto can be full of surprises, he is more comfortable betting on what feels realistic.

Solana’s Strengths Acknowledged but Still Prefers XCN

To be clear, Lee does not bash Solana, in fact, he praises it. He says it is a solid Layer 1 blockchain and acknowledges exciting developments like the Solana ETF in Canada. These moves, in his opinion, could have a strong positive impact on the Solana price in the future.

But despite all of that, if he had to pick between the two, he says he would go with XCN. The reason is simple. Solana has already had its big run. XCN, on the other hand, still feels early and underappreciated. It has not reached mainstream awareness yet, and that, for Lee, signals opportunity.

Related Article: Why Investing $1,000 in Onyxcoin (XCN) Right Now Could Be a Bad Move

Onyxcoin Price Potential and the Goliath Mainnet

Lee also notes a major upcoming development for Onyxcoin: the Goliath mainnet. He explains that this is designed to be a strong Layer 1 blockchain focused on financial use cases. While he does not expect it to beat Solana in terms of speed or adoption right away, he thinks it is still a compelling project, especially considering how small its market cap is in comparison.

He even compares Onyxcoin to a mini version of Ripple or Stellar, noting that it targets similar markets. So in a way, XCN could ride the same wave of adoption that these older coins have, but with more upside left.

Altcoin Season Timing and XCN’s Path Forward

When it comes to timing, Lee brings up something interesting. He says historically, altcoins tend to peak around 18 months after a Bitcoin halving. The last halving was in April 2024, so by that logic, the next major altcoin season could arrive around October 2025.

That is part of the reason he is staying patient. He is dollar cost averaging into XCN, holding his position, and waiting. He does not pretend to know exactly when the next big rally will happen, but he is prepared for it. And if he could only hold one coin through that period, he says it would be XCN.

Some people might argue that XCN has already pumped, so the upside is gone. But Lee disagrees. He says XCN has not really gone mainstream yet. It had a run and a pullback, sure, but it has not reached the level of mass adoption or media coverage that a token like Solana has.

Read Also: Here’s How Much a $5K or $15K XRP Investment Could Be Worth by 2040

He also addresses concerns that a $8.5 billion market cap is too much for XCN. To that, he points out that XRP’s market cap is still more than 10 times that, and nobody thinks XRP is finished growing. So in that context, the XCN price target of $0.25 does not seem so far-fetched.

Lee wraps up by making it clear that he is not trying to convince anyone. He is just sharing how he sees things. He respects Solana, he sees value in its ecosystem, and he is optimistic about its future. But if forced to choose, he is holding XCN over SOL because of its smaller market cap, untapped potential, and financial focus through the Goliath mainnet.

For now, he is staying patient. No big moves. just slow and steady accumulation. If the market turns in his favor, he believes Onyxcoin could be a big winner. So while Solana price may dominate headlines, Lee the Captain sees XCN as the underdog worth watching.

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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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