Cardano founding father Charles Hoskinson loudly proclaims another recent controversy within the crypto world: “ADA may rise up to 1,000x the current price – bitcoin will not match that potential return.”
In an interview, Hoskinson would challenge the notion that the Cardano ecosystem could convert a chunk of its treasury to Bitcoin. When someone suggested swapping ADA for BTC to “protect value,” Hoskinson replied, “Oh sure, let’s sell ADA for Bitcoin … so we can make less money.”
It’s no wonder Hoskinson comes at a time when Bitcoin’s hovering near its historic high of $123,000, while Cardano languishes at a mere $0.77 — much lower than its peak in 2021. In justification, he said Bitcoin can offer a maximum upside of 10x, but ADA can still grow to 100x or 1,000x, thus being positioned at high growth during the next cycle.
If the prediction holds true, this would mean that today’s price of ADA will likely reach close to $800 per coin after the growth and have a market cap of an astonishing $27.5 trillion. Hoskinson believes this could come true because of a changing role of Cardano within decentralized finance, and continuous adaption to real-world use cases.
The comments came in the wake of Hoskinson’s recent proposal to diversify Cardano’s $100 million community treasury by converting a portion into Bitcoin and stablecoins. The move, aimed at improving liquidity for Cardano’s stablecoin ecosystem, was met with backlash from some ADA holders who feared potential selling pressure. At the same time, Bitcoin supporters pushed for an even larger conversion — or a complete shift — toward BTC.
However, Hoskinson’s tone made it clear: he sees ADA not only as undervalued but central to crypto’s next wave of innovation. “Cardano does substantially more,” he emphasized, pointing to Cardano’s smart contract capabilities and its potential to serve as a DeFi layer even for Bitcoin.
His statements underline a growing divide between Bitcoin maximalists and supporters of next-gen Layer-1 blockchains that prioritize programmability and real-world utility.
As the market speculates on where the next wave of massive returns might come from, Hoskinson’s vision places Cardano at the heart of that future.
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