Analyst Predicts 10x Move for 'Boring' Utility Coins: XLM, HBAR, QNT, XDC

An analyst who has covered XRP extensively is making a case for four large-cap utility coins that he believes are undervalued. The analyst, known for his work on XRP, argues that Stellar (XLM), Hedera (HBAR), Quant (QNT), and XDC are positioning themselves for the next phase of institutional adoption.

The analyst points to on-chain tokenization data, bear-market drawdowns, and new institutional pilots as evidence of their potential. He notes that while prices may be stagnant or falling, the underlying fundamentals are improving.

Specifically, the analyst highlights Stellar's role in asset tokenization ahead of the DTCC going live with new infrastructure next month. He cites $2.4 billion in distributed asset value on Stellar, an 8-9% rise over 30 days, and a stablecoin market cap near $309 million.

The analyst also notes that Quant's developer activity is now close to Ethereum's by some measures and sees potential for a 10x move from current levels. He frames Quant as critical infrastructure for institutions that want to access multiple blockchains without ripping out existing systems.