Cardano founder: Bitcoin DeFi will dominate Decentralization finance within three years, ADA surged 190% in a single month

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Cardano, the public blockchain that transformed into BTC L2 at the end of last month, and its co-founder Charles Hoskinson predicted on Wednesday that BTC Decentralized Finance will lead the entire encryption Decentralized Finance track in 2~3 years. He more boldly predicted that the BTC price will be big pump to 250,000~500,000 US dollars in 1~2 years. (Synopsis: Cardano announces transition to BTCL2: integration of BitcoinOS releases $1.3 trillion Liquidity, ADA can benefit? (Background supplement: Cardano founder: BTCLayer2 has insufficient potential, just using BTCHalving hype) At the end of October, Cardano announced the integration of BTC Rollup protocol BitcoinOS and the transformation into BTC L2, with the goal of releasing up to $1.3 trillion in BTCLiquidity for its ecosystem, allowing users to use BitcoinOS's Grail bridge. Transfer BTC to the Cardano ecosystem without trust and participate in diversified application activities such as Decentralized Finance. According to Cointelegraph, Cardano co-founder Charles Hoskinson pointed out on his personal YouTube live broadcast on Wednesday (11/27) that he believes that the BTC ecosystem's Decentralized Finance has huge potential and will lead the entire encryption Decentralized Finance track in the future. He predicts that the BTC ecosystem's Decentralized Finance will overshadow all other Decentralized Finances in the encryption ecosystem within 2~3 years, including Etherfang and Solana. "Decentralized Finance in the BTC ecosystem will surpass Decentralized Finance across all ecosystems in the cryptocurrency industry in 24 to 36 months, and that's just because of scale and liquidity." As an early hobby of BTC, he has always criticized BTC's technology for limiting the development of diverse application scenarios, so he later chose to develop his own L1 Block chain, that is, Cardano. But as BTC Decentralized Finance grew rapidly, he praised it in the film: "BTC has gone from being a sleeping giant who never wakes up in an innovative coma to an awakened giant four times the size of Solana and Ether combined." Cardano founder: BTC 250,000~500,000 US dollars in 1~2 years Hoskinson is also optimistic about the plans of various governments to establish BTC national strategic reserves, which will become a huge catalyst for the value of BTC. He boldly predicts that the BTC price will be big pump to $250,000 to $500,000 in the next 12 to 24 months. I believe that BTC will soar to $250,000 to $500,000 in the next 12 to 24 months due to investment inflows and the huge interest already generated. This translates into an ecosystem of value growth comparable to gold. In simple terms, BTC is the store-of-value means of the Internet, and since it has a Decentralized Finance layer, it will continue to do so for the foreseeable future. Cardano will allow BTC to enable the Decentralized Finance mode with one click He also mentioned that Cardano will focus on participating in the Decentralized Finance of the BTC ecosystem in the future, without the need to trade packaged versions of BTC such as WBTC through a centralized exchange, and rely on the centralized custodian's WBTC through Cardano's integrated BitcoinOS Grail bridge Unlike other packaged versions of BTC, through the BitcoinOS Grail bridge integrated by Cardano, BTC users can transfer BTC to the Cardano ecosystem without a trusted third party, and can safely transfer assets between chains. Hoskinson pointed out that Cardano eventually wants to allow users to seamlessly bridge BTC to Cardano by clicking a button "Enable Decentralized Finance", and has Decentralized Finance BTC, which is a card that encapsulates BTC under the hood and can be used to participate in the Cardano Decentralized Finance ecosystem. Transactions on the Decentralizationexchange, as well as interest-generating tools and Decentralization lending, and with the click of a button, the user's Decentralized Finance BTC can be transferred back to the BTC network. Cardano: will play a leading role in BTC Decentralized Finance Cardano previously said that it is optimistic about BTC Decentralized Finance demand, noting that there are currently more than 147,000 WBTCs circulating on Ether Place, with a total market capitalization of about $9.75 billion, while Cardano's Decentralized Finance ecological TVL is only about 2.25 Billion dollars, there is huge room for growth. Cardano is also optimistic that it will play a leading role in the era of BTC renaissance, and its native coin ADA will also benefit from the rise, whether it is participation in governance or gas payments, the fundamental value of ADA will rise. Riding on the overall encryptionBull Market craze ignited by Trump's victory, Cardano (ADA) has rushed from $0.35 since the end of October, peaked at $1.1 on the 23rd, and reported $1.04 at the moment of writing, and has been big pump 190.7% in the past 30 days. Source: CoinGecko Related reports Cardano (ADA) proposes "integration of BTC cash" more than 65% in favor! Founder: Will become the fastest PoW chain Cardano founder: BTCLayer2 has insufficient potential, just using BTCHalving to hype find aliens, raise bison, longevity science... Cardano founder Charles Hoskinson's alternative investment path "Cardano founder: BTCDecentralized Finance led Decentralization Finance in three years, ADA rose 190% in a single month" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".

ADA1.99%
DEFI-0.4%
BTC2.54%
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