A YouTube crypto analyst sees Onyxcoin (XCN) as a possible rival to XRP. With the XRP price not seeing much movement for a year, relative to other popular cryptos, the YouTuber thinks XCN comes close as an alternative.
Lee the Captain, who has over 49,000 YouTube subscribers, thinks XCN has real potential despite the falling Onyxcoin price. He believes the project is actually getting stronger even though its price has dropped.
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XCN vs. XRP: A Viable Alternative?
Lee thinks XCN could be a great alternative to XRP. He knows XRP leads the payments market and global finance space right now, but sees the XCN token as a solid option with room to grow, regardless of the current XCN price.
While many people worry about XCN’s falling price, Lee sees things differently. He thinks the Onyx Protocol has actually improved as its price went down. This challenges the idea that falling prices mean something’s wrong with a project. He applies this thinking to the Ripple token too, noting that Ripple price changes don’t always reflect the project’s health.
Lee believes the XCN token could follow a similar path in its own area, potentially making the same kind of impact that the Ripple token has in cross-border payments.
Goliath: XCN Game-Changing L1 Blockchain
One big reason Lee is optimistic about XCN is Goliath, a new Layer 1 blockchain focused on finance that’s set to launch in Q1 2026.
Lee describes Goliath as an impressive blockchain built specifically for finance. He sees this as proof that Onyx is working to get better, which strengthens its position compared to before. This development could help the Onyxcoin price in the long run, similar to how new technology has affected the XRP price in the past.
Lee compares XCN’s situation to Bitcoin’s price movements. He points out that when Bitcoin’s price drops, it doesn’t mean Bitcoin itself is failing. The same logic applies to both the XCN price and Ripple price movements in today’s market.
Bold XCN Price Predictions and Market Potential
Lee also made XCN price prediction. He believes XCN could reach $1, showing he’s optimistic about the Onyxcoin price despite current market conditions.
At $1, XCN would reach a market cap of about $32.5 billion based on current supply. That’s roughly 4 times its current value. Even at $0.5, investors would see big returns.
Lee points out that XRP already has a market cap over $100 billion despite recent Ripple price drops. This suggests that XCN potential $32.5 billion valuation isn’t unreasonable in a good market, especially since the Ripple token and Onyxcoin have similar uses.
Read Also: XRP Price Prediction for Today (April 2)
The analysis looks at broader market cycles too. Lee notes that altcoins usually peak about a year and a half after Bitcoin halving events. Based on the last halving in April, this points to October as a potential turning point.
Lee emphasizes patience, believing that developments later this year could show what these assets can really do. He keeps a long-term view of XCN’s potential alongside other cryptocurrencies.
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