Will ADA outperform Bitcoin? – Charles Hoskinson’s 100x prediction explained
Main Idea
Cardano founder Charles Hoskinson predicts ADA could surge to $80 or $800 if it becomes Bitcoin's DeFi yield layer, though short-term performance shows mixed results against Bitcoin.
Key Points
1. Charles Hoskinson projected ADA could rally 100x or 1000x ($80-$800) if it becomes the yield layer for Bitcoin.
2. ADA outperformed Bitcoin by 160% in November but lagged behind in H1 2025, though it has rallied nearly 30% more than BTC since June.
3. From a longer-term perspective (since 2021), ADA is down 88% against Bitcoin.
4. Short-term recovery for ADA may be capped based on spot taker CVD trends, though realized cap remained stable at $23.4 billion.
5. ADA is currently hovering around the $0.80 resistance level; holding this as support could push it toward $1 or $1.15, while failure may lead to further declines.
Description
Cardano founder projected that ADA could rally to $80 or even $800
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