ADA Price Could Skyrocket 1,000x, Charles Hoskinson Claims

Cardano (ADA) has been under pressure lately, but its founder, Charles Hoskinson, remains confident in its long-term potential. During a recent public statement, Hoskinson boldly predicted that ADA could rally as much as 1,000x from its current price, outperforming Bitcoin by a wide margin.

This projection arrives as ADA struggles to regain ground following a broader market sell-off triggered by the Federal Reserve’s decision to keep interest rates unchanged. The move sent Bitcoin and other crypto assets into a downward spiral, pushing ADA’s price down to $0.74 before rebounding slightly.

Cardano Founder Believes ADA Can Outperform Bitcoin

At the time of writing, ADA trades at $0.7778, reflecting a 2.89% surge in 24 hours and a 1.32% decline over the week. It still sits 74.82% below its all-time high of $3.10, reached on September 2, 2021.

Despite this downturn, investor sentiment remains cautiously optimistic. Hoskinson’s forecast added fuel to that optimism. He argued that Bitcoin, despite its strength, offers limited upside potential at this stage. In his view, Bitcoin might achieve a 10x rally, which would take its price to $1 million and result in a $20 trillion market cap, assuming a fixed supply of 20 million coins.

However, he believes Cardano has far more room to grow. According to Hoskinson, ADA could increase between 100x and 1,000x, offering a far more compelling investment case due to its smart contract utility and DeFi capabilities, features that Bitcoin lacks natively.

What ADA Would Be Worth After a 1,000x Rally

Using Cardano’s current price of $0.7804, a 100x rally would place ADA at $78.04, while a complete 1,000x move would skyrocket the token to $780.40 per coin.

At that level, ADA’s market cap would balloon to $27.63 trillion, assuming its circulating supply stays at 35.41 billion coins. Even a 100x move to $78 would push the market cap to $2.76 trillion, rivalling the market capitalization of the largest global tech giants.

The scale of such a rally would not only redefine ADA’s position in the crypto space but also significantly reshape the broader market cap rankings.

When Could ADA Reach $780?

While the 1,000x forecast is ambitious, some platforms have attempted to map out possible timelines. Analysts at Changelly and Telegaon believe that ADA could reach the $78 price point between 2036 and 2040, based on long-term growth trends.

However, neither source has predicted when ADA could hit $780, although Changelly does estimate that Cardano might reach a high of $739 by December 2050. That figure is only $41 shy of the $780 prediction, suggesting that long-term growth could bring the 1,000x target within reach, if ADA’s utility and adoption continue expanding.

Final Thoughts: Is a 1,000x Rally for ADA Realistic?

While some may view Charles Hoskinson’s 1,000x prediction as overly optimistic, others believe the fundamentals of Cardano support such long-term potential. Its growing role in decentralized finance, scalability enhancements, and strong developer community could serve as key catalysts for sustained growth.

Reaching $780 per ADA would require not just mass adoption, but significant advancements in both blockchain infrastructure and real-world use cases. Whether or not that level is ultimately achieved, the bold forecast adds momentum to the conversation about Cardano’s future role in a multi-trillion-dollar digital economy.