Morgan Creek CEO Yusko Says XRP Activity May Be Developing 'Behind the Scenes' as Ethereum Leads Onchain Metrics

Morgan Creek Capital CEO Mark Yusko said on a recent Altcoin Daily podcast that XRP-related activity could be unfolding quietly 'behind the scenes' even as Ethereum continues to lead visible onchain metrics including developer engagement, transaction volumes and stablecoin usage. He noted Ripple has spent heavily on partnerships and positioning XRP as potential infrastructure for parts of traditional finance, but current onchain data do not show usage on par with Ethereum's ecosystem. Yusko also argued that regulatory initiatives such as the Genius Act appear most advantageous to leading stablecoin issuers like Tether and USDC on Ethereum, while expressing concern that measures tied to the Clarity Act and broader U.S. market structure proposals could steer the industry toward greater centralization and possibly a future CBDC regime. Despite those regulatory worries he reiterated a bullish long-term view on Bitcoin, projecting its next major cycle peak around September 2029 could see prices in the $600,000 to $700,000 range.