Despite recent market volatility and a sharp decline in Bitcoin’s price, Charles Hoskinson, founder of Cardano, remains optimistic about its future. Hoskinson has repeatedly stated that Bitcoin could reach a staggering $250,000 by the end of 2026, citing institutional adoption and clearer macroeconomic conditions as key drivers behind this growth. Hoskinson’s long-term conviction stems from several factors: Institutional investments are increasing through ETPs, tokenized assets, and major custodians. A more crypto-friendly US administration is easing regulatory uncertainty, driving involvement in the market infrastructure by companies like BlackRock, Goldman Sachs, and Fidelity. He also highlights upcoming stablecoin legislation, rising adoption across fintech platforms, and the potential of large tech-backed stablecoins as key growth drivers for Bitcoin. 2025’s economic challenges are likely to be cleared during this next phase, paving the way for a strong market rebound. He argues that current market conditions are more robust than those seen in previous cycles due to increased institutional participation and clearer regulatory landscape.