Hoskinson Sees Crypto Prices Lagging Behind Industry Progress for 3-6 Months

Charles Hoskinson, CEO and founder of Input Output, believes that crypto prices need another three to six months of pressure before catching up with industry technological progress. However, 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. The Crypto Fear and Greed Index is around 24, while Bitcoin ETFs have recorded roughly $4.5 billion in net outflows despite holding around $80 billion in assets under management.

'It's actually a great buying opportunity right now,' he said, pointing out that crypto has already survived wars, geopolitical shocks, and major regulatory events. However, Hoskinson believes the next recovery cannot depend on the old crypto narrative of simply building faster blockchains.