Ripple CEO Brad Garlinghouse made a price prediction for Bitcoin during a panel discussion at Binance Blockchain Week. He stated that Bitcoin will reach $180,000 by the end of 2026.
Garlinghouse appeared alongside Solana Foundation President Lily Liu and Binance CEO Richard Teng. The executives discussed Bitcoin’s price outlook and market conditions.
Bitcoin currently trades around $93,000. The cryptocurrency hit a record high above $126,000 two months ago in October.
Bitcoin (BTC) Price
Garlinghouse said he feels more optimistic about crypto’s future than he has in recent years. He pointed to improving regulatory clarity in the United States as a major factor.
Garlinghouse highlighted changing attitudes among traditional financial institutions. He mentioned that Vanguard recently opened up to crypto after previously refusing to touch digital assets.
He also pointed to growing crypto ETF adoption. Currently, only 1% to 2% of the total ETF market consists of crypto products.
Garlinghouse expects this percentage to grow over the next year. He said institutions are starting small but will gradually increase their involvement.
Bitcoin dropped nearly 8% earlier in the week before recovering above $90,000. The cryptocurrency remains about 30% below its all-time high from October.
Roughly $20 billion in leveraged positions were liquidated during the recent price decline. Funding rates in perpetual futures markets turned negative during the selloff.
Binance CEO Richard Teng did not provide a specific price target. He said he expects Bitcoin prices to be higher while focusing on long-term growth rather than short-term volatility.
Solana Foundation President Lily Liu offered a more conservative forecast. She expects Bitcoin prices to remain above $100,000.
Liu described the recent pullback as a normal correction after a liquidity-driven rally. She said irrational moves upward typically lead to corrections.
Garlinghouse acknowledged that crypto markets move through cycles. He said the current moment represents a “risk-off” period after an excited “risk-on” phase.
The Ripple CEO emphasized that the industry is shifting from speculation to real-world applications. He said new, easier-to-use applications are helping crypto solve practical problems rather than just serving as speculation vehicles.
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