Charles Hoskinson, Cardano founder, is optimistic about the crypto sector and believes institutional adoption will drive growth. Despite Bitcoin being in the red for 2025, President Trump’s pro-crypto policies could boost the market. Hoskinson predicts a 187% surge for a specific coin in 2026.

Cardano, founded in 2015, operates on a proof-of-stake mechanism and is considered one of the strongest networks. The network’s unique Ouroboros PoS system allows for high transaction processing. Hoskinson projects Bitcoin hitting $250,000 by 2026, citing institutional adoption and supply-and-demand dynamics as key drivers.

Institutional adoption of Bitcoin may increase due to the digital gold narrative, where it serves as a hedge against currency devaluation. Growing U.S. debt and fiscal deficit could further support this narrative. However, investors should approach Bitcoin price targets with caution due to its inherent risks and valuation complexities.

Hoskinson foresees continued institutional interest in Bitcoin, driven by factors like the digital gold narrative. Morgan Stanley’s embrace of crypto and potential involvement of other large institutions and governments could further boost demand. Bitcoin’s limited supply and increasing investor interest contribute to his $250,000 price target for 2026.

Read more at Yahoo Finance: 1 Top Cryptocurrency to Buy Before It Soars 187% in 2026, According to Cardano Founder Charles Hoskinson