Cardano Founder Backs BTC to Hit $250K and Altcoins to Explode

Charles Hoskinson, founder of Cardano, has predicted that the leading cryptocurrency, Bitcoin (BTC), will reach an unprecedented mark of $250,000, as altcoins are poised to experience significant growth.

During an interview at the Korean Blockchain Week (KBW), Hoskinson discussed the future of bitcoin, the passage of United States legislation such as the CLARITY Act, and Cardano’s evolving relationship with BTC.

Hoskinson’s Bold Bitcoin Bet

From the outset, Hoskinson made no secret of his bullish stance on BTC. He argued that structural trends, ranging from macro capital flows into crypto, persistent monetary inflation, and increasing institutional adoption, set the stage for a sustained bull run.

In his view, a $250,000 price target for BTC is not merely wishful thinking but one possible trajectory if momentum aligns and triggers snowballing network effects. Furthermore, he cautioned that volatility and regulatory pressure will remain wildcards.

However, Hoskinson insisted that bitcoin’s rise won’t come at the expense of altcoins. In fact, quite the opposite. According to him, once BTC reclaims dominance and confidence returns to the market, capital will cascade outward into altcoins, igniting explosive performance.

He views this as a “post-bitcoin wave,” where altcoins will benefit from renewed risk appetite, increased liquidity flows, and increased developer attention. Hoskinson also addressed the CLARITY Act. This is a proposed U.S. legislative framework that would provide greater clarity on which digital assets qualify as securities under U.S. law.

Bitcoin Meets Cardano

The Cardano founder expressed guarded optimism. On the one hand, clear rules may reduce legal uncertainty for projects and institutional players. On the other hand, overly restrictive definitions and compliance regimes could stifle innovation.

Additionally, he emphasized that the crypto industry must remain engaged in the legislative process. This is to ensure that definitions, safe harbor clauses, and liability limits are effective for technologists, not just incumbent financial firms.

Perhaps most intriguingly, Hoskinson gave new details about Cardano’s strategic integration with BTC infrastructure. He confirmed that IOHK is exploring deeper bridging and wrapped BTC operations in Cardano’s ecosystem. The plans include enabling bitcoin liquidity to flow into Cardano-based smart contract platforms. This allows BTC holders to participate in Cardano’s DeFi stack without fully converting their BTC into ADA.

Ultimately, by marrying bitcoin’s liquidity with Cardano’s throughput, Hoskinson believes it could unlock new use cases and shift liquidity patterns across chains.

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