Hoskinson Sees Crypto Market Needing More Time, Predicts $10 Trillion in Real-World Assets
Charles Hoskinson, CEO and founder of Input Output, believes that the cryptocurrency market still needs to adjust to its technological progress. In a recent interview, he stated that prices may need another three to six months of pressure before catching up.
Hoskinson pointed out that current market conditions resemble the later stages of a bear market, with the Crypto Fear and Greed Index around 24 and Bitcoin ETFs having recorded $4.5 billion in net outflows despite holding around $80 billion in assets under management.
Despite this, Hoskinson 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. He sees the industry moving toward a broader Web 2.5 model, with regulated companies connecting traditional businesses with blockchain technology.
Hoskinson highlighted Canton, Ripple, Circle, Tether, and Binance as examples of these regulated companies. Over the next three to five years, more than $10 trillion in RWAs could enter the ecosystem and potentially bring 1 to 2 billion new users.