Hoskinson: Crypto Prices May Need Three to Six Months to Catch Up
Charles Hoskinson, CEO and founder of Input Output, believes that cryptocurrency prices may need another three to six months of pressure before catching up with the industry's technological progress. He remains bullish on the long-term outlook, arguing that the next major cycle will be driven by real-world assets, Web 2.5 infrastructure, regulation, and billions of new users.
Hoskinson points out that current market conditions resemble the later stages of a bear market, with the Crypto Fear and Greed Index at 24 and Bitcoin ETFs recording net outflows of $4.5 billion despite holding around $80 billion in assets under management.
He believes that the next recovery cannot depend on the old crypto narrative of simply building faster blockchains, but rather a broader Web 2.5 model that connects traditional businesses with blockchain technology. He cites companies like Canton, Ripple, Circle, Tether, and Binance as examples of regulated companies achieving this.
Over the next three to five years, more than $10 trillion in real-world assets could enter the ecosystem, potentially bringing 1-2 billion new users. Hoskinson warns that future infrastructure must solve compliance, legal contracts, jurisdictional changes, upgrades, and consumer safety, beyond just focusing on throughput and finality.