Bitcoin on its way to $250,000? Hoskinson sees a bright future for cryptocurrencies

Bitcoin on its way to $250,000? Hoskinson sees a bright future for cryptocurrencies

Charles Hoskinson, founder of Cardano and one of the key figures in the blockchain industry, predicts that the price of Bitcoin could rise to $250,000 in the near future. He bases this optimism on the expected adoption of stablecoins by large technology firms and clearer regulations in the cryptocurrency industry.

Hoskinson points to growing global instability and new US cryptocurrency laws that could accelerate the transition to decentralized systems. In an interview with CNBC, he said that once the markets stabilize and the Federal Reserve lowers interest rates, investors will start investing in digital assets again.

"The markets will stabilize, and then a lot of fast and cheap money will start to flow into cryptocurrencies, and then that money will pour into crypto assets," The market remains bullish despite the volatility and sharp market swings, Hoskinson opined even before US President Donald Trump announced the temporary suspension of a new round of global tariffs. The move came after days of volatility in equity and crypto markets.

Despite the recent volatility, which saw Bitcoin drop below $77,000 and subsequently return above $82,000, Hoskinson remains optimistic. He says the growing number of cryptocurrency users, which has reached 659 million, suggests that interest in the technology is growing.

He also predicts that the big tech firms, known as the Magnificent Seven (Apple, Microsoft, Amazon and others), will begin to integrate stablecoins for cross-border payments and microtransactions, which could streamline commerce and reduce costs.

Hoskinson expects new laws to be passed in the coming months that will bring more clarity to investors and make cryptocurrency adoption easier. He believes that by August or September 2025, there will be a new surge of interest in cryptocurrencies, which could continue until 2026.

Bitcoin thus stands on the threshold of a potentially revolutionary era where it could become a key element in global commerce.

*This is not an investment recommendation.

Coingarage team