Cardano founder Charles Hoskinson has made bold predictions about Bitcoin’s future, foreseeing its price rising to $250,000–$500,000 within 12 to 24 months and Bitcoin DeFi overtaking all other ecosystems in 2–3 years.
- Bitcoin DeFi’s Rise:
- Hoskinson claims Bitcoin’s scale and liquidity will make its DeFi ecosystem dominant.
- Governments are discussing Bitcoin strategic reserves, driving institutional interest.
- Price Prediction:
- Bitcoin could hit $250,000–$500,000 due to massive investment inflows and growing recognition as a “store of value for the internet.”
- Bridging Bitcoin and DeFi:
- Hoskinson introduced a “DeFi mode” concept, enabling Bitcoin holders to use DeFi without centralized exchanges.
- A Cardano-Bitcoin bridge, announced in October via the Grail protocol, allows Bitcoin to integrate into Cardano’s DeFi ecosystem through wrapped tokens.
Hoskinson envisions Bitcoin becoming a powerhouse in both value and decentralized finance. Whether these predictions materialize, they reflect growing confidence in Bitcoin’s role beyond digital gold.
