Dan Morehead, CEO of Pantera Capital, believes Bitcoin could soar to $750,000 within five years. This long-term outlook stems from his belief that only a handful of base-layer blockchains—Bitcoin, Ethereum, and Solana—will remain relevant in the future. He sees these chains as leading the industry’s consolidation as other blockchain technologies fade away. In recent interviews and investment initiatives, Morehead highlighted this trend, with Pantera launching an institutional Solana fund, specifically designed to access the growing market for crypto-backed treasury strategies. He also believes that Bitcoin is poised to become a key asset in the global economy, serving as a store of value and a hedge against inflation.