Ripple CEO Predicts Bitcoin Will Reach $180K by 2026; Insights from Binance and Solana Executives

Ripple’s CEO Brad Garlinghouse has forecasted that Bitcoin could hit a price of $180,000 by the end of 2026. This prediction was made during a panel discussion at the Binance Blockchain Week held in Dubai.

Key Takeaways

Ripple CEO predicts Bitcoin could reach $180K by the end of 2026.
Current Bitcoin price is around $93,342, down from its recent high.
Binance CEO emphasizes long-term fundamentals over short-term predictions.
Solana President suggests Bitcoin may trade above $100,000 by the end of 2026.
Predictions reflect ongoing uncertainty in digital asset valuations amidst market volatility.

At the time of the panel, Bitcoin's trading price was approximately $93,342, reflecting a slight decline of around 0.6% in the last 24 hours and was roughly 26% lower than its recent peak of over $126,000.

Varied Perspectives on Bitcoin Price Predictions

The Binance Blockchain Week provided a platform for other prominent figures in the industry to share their views on Bitcoin’s future price.

Divergent Views from Binance and Solana Executives

Binance CEO Richard Teng refrained from giving a specific price target, highlighting the importance of focusing on long-term fundamentals rather than short-term price fluctuations. In contrast, Lily Liu, the President of the Solana Foundation, offered a more conservative prediction, suggesting that Bitcoin might trade above $100,000 by the end of 2026.

Garlinghouse's optimistic outlook is linked to the increasing clarity in regulatory frameworks within the U.S., along with the growing involvement of significant financial institutions like BlackRock and Franklin Templeton in the digital asset arena.

The contrasting forecasts from leaders of these three major cryptocurrency organizations underline the prevailing uncertainties surrounding digital asset valuations. This discussion took place against the backdrop of a market experiencing significant deleveraging, which led to the elimination of billions in leveraged positions due to recent market volatility.