Cardano founder: Bitcoin could double by mid-2025 with US regulation

Charles Hoskinson, the founder of Cardano, has presented a bold outlook for Bitcoin, suggesting the digital asset could more than double in value by mid-2025. This projection hinges on a critical development: achieving regulatory clarity within the United States. Hoskinson specifically highlighted the potential impact of proposed legislation like the CLARITY Act as a catalyst for significant price appreciation.

Regulation as a Turning Point

Hoskinson argues that legislation such as the CLARITY Act has the potential to resolve a long-standing challenge for digital assets: regulatory fragmentation. The bill aims to clearly delineate which U.S. agencies are responsible for overseeing various facets of the cryptocurrency market. Such a move could effectively remove years of uncertainty that have historically deterred substantial institutional investment, thereby paving the way for broader adoption.

The adoption of clearer guidelines, according to Hoskinson, could mark a pivotal moment for Bitcoin. For an extended period, traditional corporations and financial institutions have hesitated to engage with the crypto market due to the absence of defined rules. Increased regulatory certainty is anticipated to unlock a wave of corporate demand, fostering a more predictable investment environment.

The Rise of Digital Reserve Assets

A particularly promising area identified by Hoskinson is the growing trend of companies adopting digital reserve assets (DRAs). This practice involves corporations holding Bitcoin on their balance sheets as a long-term store of value, analogous to how they might hold gold or U.S. Treasury bonds. While a few pioneering companies have already begun experimenting with this strategy, Hoskinson anticipates that enhanced regulatory frameworks will encourage a much larger cohort of businesses to follow suit.

“Once the regulatory fog lifts, you’ll see corporations diversifying with Bitcoin at scale,” Hoskinson stated in a Bloomberg interview. Such strategic corporate diversification could simultaneously boost both liquidity and demand, creating a self-reinforcing cycle that supports upward price momentum.

A Broader Bullish Narrative

Hoskinson’s forecast aligns with a general sentiment of growing optimism within the cryptocurrency market. While some analysts have proposed short-term price targets of $150,000 to $200,000, and institutional reports from major financial entities have expressed confidence in Bitcoin’s role as “digital gold,” Hoskinson’s perspective emphasizes a confluence of three key factors. His focus is less on ephemeral price swings and more on the synergistic effect of clear regulations, widespread corporate adoption, and sustained institutional interest.

He posits that when these forces converge, the current market rally could be viewed merely as the initial phase of a more substantial growth cycle. Should his projections materialize, Bitcoin’s trajectory through mid-2026 may fundamentally alter how global markets perceive cryptocurrencies as reserve assets.