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XRP and Hedera Expected to Outperform Bitcoin Amid Market Shifts
Canary Capital CEO Steven McClurg suggests XRP might diverge from Bitcoin due to its enterprise use cases. He discussed this during a podcast, emphasizing protocols focused on real-world tokenization.
XRP and Hedera's Potential
- The XRP Ledger and Hedera could benefit from enterprise adoption and tokenization.
- Platforms with clear utility like payment systems or stablecoin infrastructure may retain value better in speculative downturns.
- Expected gains are modest, likely low double-digit percentages.
Bitcoin's Downside Risks
- McClurg notes Bitcoin peaked at $126,200 in October 2025, now down 35% to about $95,800.
- He predicts a further 20-30% price drop over the next six to nine months, potentially reaching $65,000-$77,000.
- A new all-time high is not anticipated in 2026, hinting at a deeper market correction.

While some argue altcoins struggle more than Bitcoin during downturns, McClurg believes relative outperformance is possible. This means XRP and similar tokens could remain stable or show modest gains as Bitcoin weakens, suggesting resilience but not independence.