Charles Hoskinson, founder of Input Output Global (IOG), a Cardano-based development company, predicted 2026 would be a "year of beasts" for the cryptocurrency market. However, the market reaction has been lukewarm, and many remain skeptical of his prediction.
Hoskinson recently emphasized the potential of RealFi through his social media, mentioning that earnings from microloans can be automatically converted into ADA, Bitcoin (BTC), and other cryptocurrencies. He was particularly optimistic, stating that 2026 will be a year of remarkable leaps for cryptocurrencies.
However, the community response was lukewarm. One user pointed out, "None of what you've said will actually happen in 2026," while another mocked, "You're always talking about tomorrow." Cardano, once highly anticipated, is currently trading at $0.5589 (approximately 746 Korean won), down 81.9% from its all-time high.
Hoskinson has repeatedly claimed that Bitcoin could reach $250,000 (approximately 333.75 million won) by the end of 2025 or the beginning of 2026. However, given that Bitcoin is currently struggling to hold the $100,000 (approximately 133.5 million won) mark, his outlook seems somewhat unrealistic.
According to data from market research firm Polymarket, there is only a 30% chance that Bitcoin will reach $150,000 (approximately 200 million Korean won) by June 2026. Despite this, some institutions remain optimistic. JPMorgan Chase recently predicted that Bitcoin could climb to $170,000 (approximately 226.95 million Korean won) next year.
Hoskinson's remarks, while emphasizing cryptocurrency innovation, also highlighted the challenge of rebuilding community expectations and trust. Whether 2026 can truly become the "Year of the Beast" is more urgent than prediction; concrete actions are needed.
