Cardano Eyes 1,000x Explosion—Hoskinson Says Bitcoin’s Out Of Steam

Christian Encila

1 month ago

3 mins read

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Cardano founder Charles Hoskinson made headlines this week with a bold forecast. He told investors that ADA could rise as much as 1,000× from its current level.

Bitcoin, he argued, has less room to run. His comments came as Bitcoin traded around $118,000 and Cardano lingered around $0.78.

Bold Claim On Returns

According to Hoskinson, Bitcoin’s market cap of about $2.35 trillion leaves it with only a potential 10× upside to hit a $1 million price. By contrast, ADA sits close to $28 billion market cap.

He said that a 100× move would bring ADA close to $77.90, while 1,000× would push it toward $779 per coin.

Those figures imply a Cardano market cap around $27.5 trillion. It’s a gap so large that few expect it to close without major shifts in adoption or regulation.

🔥ADA can 1000X, Bitcoin can’t — Charles Hoskinson

Charles says $BTC might 10x, but $ADA can go 100x or even 1000x.🚀

He mocked: “Oh sure, let’s sell ADA for Bitcoin… so we can make less money.”🤡 pic.twitter.com/YoZR6gUEzr

— Coin Bureau (@coinbureau) July 29, 2025

Rising Debate Over Treasury Moves

Based on reports, Hoskinson has also proposed converting up to $100 million of the ADA treasury into Bitcoin and stablecoins.

The goal is to boost liquidity for a planned Cardano stablecoin. Some community members warn the move could trigger selling pressure on ADA.

Others argue it would strengthen the ecosystem’s cash reserves. The plan has drawn criticism from inside and outside the Cardano camp, with BTC supporters calling for a full switch and ADA loyalists pushing back.

ADAUSD currently trading at $0.77. Chart: TradingView

Cardano’s Role In Bitcoin’s Future

According to Hoskinson, Cardano could serve as a yield layer for Bitcoin, adding smart‑contract capabilities to the original chain.

He said Cardano “does substantially more” than Bitcoin’s base protocol. If wallets and DeFi apps use ADA as collateral or for staking, he believes that could drive real‑world demand.

Yet today’s dApp numbers still lag behind rivals like Ethereum, and developer activity remains well below industry leaders.

Huge Numbers Highlight Gap

Based on market caps, a 1,000× ADA rally would vault Cardano past the world’s biggest companies and many national economies.

By comparison, Bitcoin shooting for another 10× gain would keep it in the same league it already dominates. The sheer scale needed for ADA to match those multiples has few precedents in financial history.

What Investors Should Watch

According to market observers, the key signals will be developer growth, transaction volumes, and real‑world use cases.

ADA holders will also track whether the treasury move happens and how it’s executed. Any large-scale asset swap could shake trader confidence.

For now, Cardano’s community will weigh the promise of outsized gains against the risks of execution and market dynamics.

Featured image from Unsplash, chart from TradingView

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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