Charles Hoskinson, founder of Cardano (ADA), predicts that Bitcoin could reach a price of $500,000 in the future, attributing this potential to the accelerating growth of decentralized finance (DeFi). Despite recent market volatility, Cardano’s value has surged by 100%, solidifying its position as a prominent cryptocurrency. Hoskinson emphasizes that the future of crypto adoption will be significantly influenced by DeFi’s development rather than short-term price fluctuations. He highlights three key principles for maintaining Bitcoin’s integrity: all transactions must utilize Bitcoin, fees must be paid in Bitcoin, and returns must originate from Bitcoin. These rules preserve Bitcoin’s identity, but hinder its integration into DeFi. ]