Cardano ($ADA) founder Charles Hoskinson is making a significant prediction for the altcoin's future, suggesting it could see a 100x to 1000x price rally, potentially reaching $80-$800, and even surpassing Bitcoin ($BTC) in performance.
In a recent interview, Hoskinson stated that Cardano isn't a "second-class citizen" and offers substantially more than Bitcoin, positioning itself to become the "yield layer of Bitcoin DeFi." He argues that $ADA is a superior investment to $BTC because $ADA holders not only earn yield but also receive other tokens from the broader Cardano ecosystem.
Hoskinson highlighted that while they held 108,000 $BTC, which would be worth around $15 billion today, Cardano's market cap reached $30 billion over the same period, indicating a 2x outperformance against Bitcoin.
While $ADA did outperform $BTC by 160% last November, it has lagged behind Bitcoin in the first half of 2025. However, since June, $ADA has rallied nearly 30% more than $BTC. Despite this recent uptick, looking at a broader timeframe from 2021 shows $ADA is down 88% against $BTC. The impact of the planned Bitcoin integration on $ADA's value, as projected by Hoskinson, remains to be seen.
In the short term, $ADA is facing selling pressure, indicated by a negative spot taker Cumulative Volume Delta (CVD) over the past week, which could cap its recovery. Despite this, the realized cap for $ADA has slightly increased from $23.4 billion to $23.6 billion, suggesting that investors are still putting capital into the asset, indicating continued conviction.
July 2025, Cryptoniteuae