Cardano founder Charles Hoskinson has projected that the aggregate crypto market capitalization will rise to $10 trillion in the coming years. In his view, despite cyclical reversals and high volatility, the long-term trend remains steadily rising. The entrepreneur urged investors not to panic over short-term setbacks, but instead to focus on the fundamental changes that the crypto industry is bringing to the global financial system.

The key drivers of achieving this score, Hoskinson sees a shift from traditional finance to blockchain, particularly massive tokenization of stocks and bonds. Cryptocurrencies, in his assessment, are already successfully solving problems of the classical system, such as slow calculations and reliance on intermediaries. In the future, digital assets could become not only a tool for cross-border transfers, but also a global unit of value, significantly reducing the market’s dependence on government fiat currencies.

Highlighting the transformation of the industry, the founder of Cardano noted its explosive audience growth: whereas 12 years ago the number of users was 5 million, it is now over 560 million with 18,000 active protocols. By the end of the decade, this figure could reach a billion. The forecast came in the context of the current market correction: over the course of 24 hours, Bitcoin fell by 4.13% to $62,523 ($1.25 trillion capitalization), and ADA fell by 6.17% to $0.1516 ($5.5 billion capitalization). Hoskinson had earlier harshly criticized the US bill CLARITY for attempting to classify almost all digital assets as securities, and explained the distribution of 1096 Bitcoins associated with the early phase of the Cardano fund.

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The material is prepared solely for informational purposes and does not constitute a financial advice or recommendation.