XRP and Hedera May Outperform Bitcoin Amid Market Shifts
- Canary Capital CEO Steven McClurg suggests XRP could diverge from Bitcoin due to enterprise use cases.
- McClurg highlights the potential of XRP Ledger and Hedera for benefiting from tokenization efforts.
- He forecasts Bitcoin may fall another 20–30%, reaching between $65,000 and $77,000 within six to nine months.
- XRP and similar tokens are expected to show modest gains or remain stable while Bitcoin weakens.
Steven McClurg believes that tokens with clear utility like XRP and Hedera could outperform Bitcoin as enterprises adopt these networks for tokenization projects. This comes as he predicts a potential downturn in Bitcoin prices over the coming months.
While outright independence from Bitcoin is rare, relative outperformance by tokens like XRP could be significant amid broader market corrections. (Source)
