Is the crypto market preparing for a historic bull run or sliding toward a painful bear phase? Cardano founder Charles Hoskinson has finally given his answer. According to him, the industry is not at the end of its cycle but stuck in the middle of a disrupted super cycle that is now getting ready for its next major expansion.
Speaking in a recent discussion with Cheeky Crypto, Hoskinson explained why Bitcoin crossed $100,000, why altcoins have not yet seen their explosive moment, and when the next set of all-time highs may arrive.
For more than a decade, the crypto market followed a predictable rhythm. Bitcoin halved, retail interest surged, and the entire market rallied the following year. According to Hoskinson, that natural cycle was “hit on both sides” this time.
He says the Biden administration went aggressively after crypto businesses, suing exchanges and pursuing industry leaders. Then came the Trump administration, which entered office promising friendlier policies. Instead, Hoskinson says that the quick rollout of crypto-focused rules and enforcement created confusion and unexpected volatility.
Despite the disruptions, institutional investors still moved into crypto. But Hoskinson said that they only dipped their toes into the market, and nearly all of that early demand flowed into Bitcoin ETFs.
This is why Bitcoin blasted past $100,000 while altcoins lagged behind. Institutions came first for Bitcoin, and they have not yet broadened into ETH, XRP, ADA, SOL and others.
The market is only temporarily stuck. He expects it to clear within one or two quarters. After that, he says the cycle will resume its natural upward trend with both Bitcoin and altcoins moving together.
His targets are big:
Hoskinson supports his call with a simple demographic and liquidity argument.
• Crypto has 550 million users today. He expects this to rise to 1 billion.
• Stablecoins hold hundreds of billions of dollars now. He expects them to reach $1 trillion.
• Tokenized real-world assets could bring $10 trillion over the next 5 years.
Based on his timeline, Hoskinson believes the breakout window for altcoins is: Within the next 3 to 6 months.
He expects institutional flows to broaden beyond Bitcoin, regulatory clarity to improve, and the demographic wave to push the market into the strongest phase of the current cycle.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
For years, crypto investors have relied on one idea more than almost any other: the…
XRP is back in focus after a fresh signal appeared on the weekly chart. The…
Taiwan has joined the growing list of governments holding Bitcoin, not as an investment strategy…
YoungHoon Kim, the world’s highest IQ holder, predicts XRP could flip Ethereum by 2026, even…
Kraken is launching its xStocks product on the TON blockchain, now available through Telegram’s TON…
The US Consumer Price Index (CPI) for November will be released today at 8:30 AM ET,…
