Veteran Bitcoin investor MichaelXBT argued that Curve (CRV) is likely to deliver standout results in the current cryptocurrency market cycle.

A blockchain outlet, The Crypto Basic, reported on Oct. 9 that he cited his experience of betting heavily on XRP in the previous cycle and said CRV could outperform the overall cryptocurrency market, including Bitcoin.

MichaelXBT said CRV is already moving differently from the broader market. He said CRV is showing relative strength versus the wider cryptocurrency market and pointed to CRV/BTC moves as key. He added that he started buying CRV from $0.20 and kept increasing his holdings even as the price rose.

A weekly CRV/BTC chart he presented showed signs of recovery after a long decline. He said a breakout from the falling highs and falling lows since 2024 is imminent. He said clearing that zone would raise the likelihood of a trend reversal and could restore bullish momentum.

CRV’s underlying indicators also supported that outlook. Active lending stood at $76 million, and staking was tallied at more than $300 million. Revenue is increasing, and CRV issuance fell 16 percent. He judged the figures show ecosystem activity, inflows into staking and a reduction in token supply.

He did not withdraw his optimism on XRP. Asked about the possibility of a breakout in XRP, he replied, "I still have high expectations for XRP, but for a sharp rise, Bitcoin must first exceed $87,000." He also mentioned that the market has been moving sideways in the same price range for about 2 weeks. The remark shows a view that XRP’s next uptrend is more strongly tied to Bitcoin’s direction than to coin-specific catalysts.

He also said XRP itself needs to rise above $1.49 for the next major advance to begin. A clear break above $1.49 could signal further gains, but failing to overcome resistance could extend the sideways phase, he said.

He said the key point of his remarks is that cycle leadership could change. MichaelXBT said that in the last bull market XRP rose almost 8 times from $0.49 to $3.66 in a year, and judged that CRV could show a similar move this time.

Based on current price action alone, he said CRV’s situation is not strong. XRP is also sitting at a similar discount from its yearly high. Attention is therefore focused on whether CRV can actually produce a trend-reversal signal against Bitcoin and whether XRP can enter its next upswing by breaking above Bitcoin’s $87,000 level and its own $1.49 resistance.

Last cycle, I was heavily invested in XRP and it outperformed everything. This cycle, I’m heavily invested in CRV and expect it to outperform everything. It’s showing massive strength here and moving independently from the rest of the market. Something big is brewing.