Could Onyxcoin (XCN) Become the Next Ripple? Crypto Analyst Makes Bold Predictions

YouTube crypto analyst Lee, with over 49,000 subscribers, predicts that Onyxcoin (XCN) could become a viable alternative to XRP. Lee believes that despite XRP’s lack of significant price movement for a year, XCN has potential and points to the growing DeFi space as a driver for its future growth. He observes that XCN’s falling price doesn’t signal project weakness, arguing that improving underlying technology can drive long-term success. He cites Chainlink (LINK) as an example where market fluctuations don’t reflect the token’s continued value in oracle solutions, offering similar opportunities for XCN in its area of specialization. Lee highlights Goliath, a new finance-focused L1 blockchain from Onyx scheduled to launch in Q1 2026, as another indicator of potential. The development suggests Onyx is actively working towards greater success, potentially impacting the XCN price. Lee’s analysis draws parallels with Bitcoin’s price cycles, comparing how its drops don’t necessarily signify failure and applying this logic to both XCN and XRP price movements. A bold prediction by Lee states XCN could reach $1, representing a massive valuation of roughly $32.5 billion, even at $0.5 investors would realize substantial returns. He uses the example of XRP’s already significant market cap ($100+ billion despite recent volatility) to argue that an equivalent valuation for XCN is not unreasonable. Lee concludes his analysis by considering broader market cycles and historical trends, highlighting a potential turning point in October following the last Bitcoin halving event. Lee emphasizes the importance of patience as he awaits further developments later this year, which will shed light on XCN’s true potential alongside other cryptocurrencies.