Bitcoin News

Cardano Could Skyrocket 1000X, Predicts Founder Charles Hoskinson, Outpacing Bitcoin's 10X Potential

by Crypto Hobby

Updated July 30, 2025

Cardano Founder: Charles Hoskinson

Cardano founder Charles Hoskinson has boldly predicted that while Bitcoin could see a tenfold increase in value, Cardano has the potential for a staggering 100x or even 1000x growth.

This optimistic outlook comes as the crypto market experiences renewed volatility, with Cardano showing recent gains despite a broader market dip.

Cardano's Ambitious Growth Potential

In a recent interview, Hoskinson suggested that Bitcoin might reach the $1 million mark, representing a 10x growth from its current levels. However, he believes Cardano (ADA) possesses significantly more room for expansion.

This projection aligns with broader industry forecasts for Bitcoin, with figures like Binance founder Changpeng Zhao and ARK Invest CEO Cathie Wood also anticipating Bitcoin to hit $1 million in the near future.

Should Bitcoin achieve this milestone, it's anticipated that other cryptocurrencies, including Cardano, could experience unprecedented price surges, potentially leading to 100x returns for ADA investors.

Key Takeaways

Cardano founder Charles Hoskinson predicts Bitcoin could 10X, while Cardano could achieve 100X or 1000X growth.
Hoskinson's forecast for Bitcoin aligns with other industry leaders anticipating a $1 million price target.
Cardano has experienced a recent price dip but shows positive short-term gains.
Key resistance levels for ADA are identified at $0.80-$0.90.
Potential Federal Reserve interest rate cuts could boost ADA's price by increasing retail investment in crypto.

Cardano's Recent Performance and Market Challenges

Despite Hoskinson's bullish outlook, Cardano has faced a challenging period, currently trading significantly below its all-time high of $3.09.

In contrast, Bitcoin recently reached a new peak of $122,838. Cardano's peak occurred in September 2021. Currently, ADA is experiencing a market-wide price dip, with a 3.9% decrease in daily charts and a 7.6% drop in weekly charts. However, over the past 14 days, ADA has seen an 11.7% increase, and a 43.6% rise in the last month, with a 90.5% gain since late July 2024.

Factors Influencing Cardano's Future Price

Cardano is currently encountering substantial resistance around the $0.80 to $0.90 price range. Breaking through this level could pave the way for ADA to surpass $1.

Furthermore, a potential interest rate cut by the Federal Reserve could significantly benefit ADA's trajectory.

Such a move is expected to inject more retail capital into the cryptocurrency market, potentially triggering a new bullish phase for assets like Cardano.