Can Onyxcoin (XCN) Price Reach $1 This Cycle? Expert Insights

Cryptocurrency YouTuber Lee the Captain made a bold prediction for Onyxcoin (XCN). In his video “XCN: Legendary Comeback Possible? $1 Realistic?”

Cryptocurrency YouTuber Lee the Captain made a bold prediction for Onyxcoin (XCN). In his video "XCN: Legendary Comeback Possible? $1 Realistic?", the analyst with 49 covering this interesting coin had some optimism for XCN in the coming months.

At the beginning of his analysis, Lee hopes that XCN could see a resurgence in the present year. While being sure to state that this isn’t financial advice, his enthusiasm shines through. He believes that as this bull run continues to develop, the narrative around XCN will only get stronger, potentially pushing the price back to the dollar mark.

This is no small claim. Given XCN current price, reaching $1 would represent an approximately 80x return on investment. It’s the kind of potential that makes investors' hearts race, especially those who've been holding through the downturn.

XCN Mainnet & Testnet: Key Development Milestones

Lee acknowledges the skepticism that some investors might have. Many people think ONX isn't doing much, he notes, addressing the elephant in the room. The Goliath mainnet—described as an allegedly very amazing long blockchain—isn't scheduled for launch until Q1 of 2026.

But there's a closer catalyst on the horizon that Lee thinks many are neglecting. The testnet phase is planned for Q3 2025, and in Lee's view, this milestone alone could spark significant price movement. You don't need the full mainnet launch to generate excitement—the testnet could be enough to ignite investor interest, especially in a heated market.

Market Timing & Bitcoin Halving Correlation

XCN development roadmap aligns with historical crypto market cycles. Drawing on patterns from previous bull runs, Lee points out that altcoins typically peak about 18 months after a Bitcoin halving event.

The last Bitcoin halving happened in April 2024, which puts the expected altcoin peak around October 2025. This timing coincides nearly perfectly with XCN planned testnet launch in Q3 2025.

Lee explains that this timeline fits in line with what we've seen historically as a worst-case scenario for when altcoins usually peak. This synchronicity could create ideal conditions for XCN to capture maximum market enthusiasm.

XCN Growth Potential & Market Sentiment

Lee paints a vivid picture of what could happen when the market shifts into high gear. He asks viewers to imagine the scenario when the bull hits fifth gear and the testnet launches. He emphasizes that it doesn't even need to be the mainnet—just the testnet could be enough to drive substantial price action.

He connects XCN's future to the performance of larger payment-focused coins like XRP and XLM. When these established coins begin performing well, Lee suggests that interest will naturally begin flowing to smaller projects in the same category. As the saying goes, a rising tide lifts all coins.

At $1 per token, XCN would have a market capitalization of approximately $32.5 billion. While that's a substantial figure, Lee puts it in perspective by comparing it to XRP's current market cap of over $100 billion, suggesting that the target is within the realm of possibility during a mature bull market.

Lee also reflects on how dramatically sentiment can shift in the crypto space. He notes that people used to say $0.69 was bearish and they were aiming for $3 or $5. Now some of those same people are thinking it won't even get to 10 cents. This perfectly captures the extreme emotional swings that characterize cryptocurrency investing.

In the competitive landscape of payment-focused coins, Lee sees XCN potentially climbing to third place. While XDC currently holds a stronger position, Lee believes XCN has the momentum to challenge it.

Even becoming the fourth-ranked payments project would represent an enormous opportunity. Lee backs this up by pointing to the massive scale of the payments industry—valued at over $2 trillion—and the global trade and finance market, projected to reach $5 trillion by 2028.

Lee emphasizes that even if XCN becomes number four, that's still great, highlighting the vast market that these projects are striving to claim.

During pullbacks, he plans to continue what he's been doing all along—dollar-cost averaging, acquiring, holding, and simply waiting. He proudly declares that he won't give up.

This patient strategy stands in contrast to the frantic trading that often characterizes the crypto market. Lee believes in the project's long-term potential and is willing to weather short-term volatility.

He's been observing the trajectory of similar projects and sees a pattern. He's watched where the market is heading and has followed the trajectory of projects like XRP and XLM closely. According to Lee, it's only natural that hype will eventually trickle down to other projects in the same sector, like XCN