Why Cardano Founder Hoskinson Is Predicting A $1 Million Bitcoin Price By 2030

Charles Hoskinson, the founder of Cardano, has projected that Bitcoin could soar to $1 million by 2030.

Speaking at the Money20/20 conference in Amsterdam, Hoskinson framed his forecast not as mere speculation but as a reflection of accelerating global crypto adoption, regulatory evolution, and Institutional interest.

He pointed to macroeconomic shifts and technological developments as key drivers behind his long-term Bitcoin valuation.

“We’re entering a phase where crypto is no longer fringe,” he stated. “Major financial institutions and corporate giants are now building bridges into our space, not just experimenting, but developing infrastructure that can seamlessly interact with public blockchain protocols.”

He likened this transition to the early days of Wi-Fi, where formerly siloed systems are finally becoming interoperable. “We’re approaching a finance Wi-Fi moment,” Hoskinson added, referring to the emerging connectivity between traditional finance (TradFi) and decentralized finance (DeFi). According to him, these integrations pave the way for a new global financial architecture where value can move frictionlessly across platforms and jurisdictions.

Bitcoin’s emerging role in decentralized finance is a cornerstone of his argument. While DeFi ecosystems have largely been dominated by Ethereum, Solana, and other smart contract platforms, Hoskinson believes Bitcoin remains a sleeping giant.

“The DeFi opportunity around Bitcoin is at least four times the size of that of Ethereum and Solana combined,” he said. “Cardano, with its UTXO-based model, is uniquely positioned to become the computational layer that enables this.”

Hoskinson also discussed the role of privacy and identity as essential features of the next financial wave. He touched on “Midnight,” a Cardano-linked project set to launch later this year. It aims to enable customizable privacy for blockchain applications, critical in a world that demands both regulatory compliance and user confidentiality. He envisions a future where compliance and privacy are not mutually exclusive but programmable, using smart contracts that determine what data is disclosed and to whom.

He concluded by asserting that Bitcoin’s trajectory is now deeply intertwined with global finance.

“We’re not just dealing with speculation anymore; we’re building an entirely new financial fabric. With the level of institutional interest we’re seeing, $1 million Bitcoin by 2030 isn’t just possible, it’s probable.”

That said, the pundit’s $1 million Bitcoin forecast aligns with a similarly ambitious outlook from ARK Invest CEO Cathie Wood, who envisions the leading cryptocurrency reaching even greater heights by the decade’s end. In a recent interview on The Diary of a CEO podcast, Wood projected that Bitcoin could climb as high as $1.5 million by 2030, citing factors driving long-term growth.

She explained that one of the key drivers is the rising wave of institutional adoption. Firms like Arkham, Strategy, and Metaplanet are among those embracing Bitcoin as a strategic reserve asset, a trend she expects to accelerate. While acknowledging the asset’s notorious volatility, Wood emphasized that this is diminishing as Bitcoin matures and more investors hold it for the long haul.