A top executive at Dragonfly Capital believes the crypto markets will be full of surprises in 2026.
Haseeb Qureshi, managing partner at Dragonfly Capital, a crypto venture fund, believes Bitcoin (BTC) will print new all-time highs next year.
He predicts Bitcoin will soar more than 69% its current value in 2026, while Bitcoin dominance (BTC.D) will turn bearish.
Bitcoin dominance tracks how much of the crypto market cap belongs to Bitcoin. A bearish BTC.D chart indicates that altcoins are gaining value faster than Bitcoin.
“I think 2026 is going to surprise, both to the upside and to the downside… BTC is greater than $150,000 by year-end, but BTC dominance decreases in 2026.”
Qureshi also predicts that Ethereum (ETH) and Solana (SOL) will exceed expectations in 2026.
“Despite the excitement around the recent crop of fintech chains, their metrics will underwhelm. Daily active addresses, stablecoin flows and RWAs (real-world assets) – Tempo, Arc, and Robinhood Chain will underdeliver, while Ethereum and Solana will overdeliver. Best developers will continue to build on neutral infra chains.”
Bitcoin is trading for $88,576 at time of writing, up 1.7% in the last 24 hours.
Meanwhile, ETH is trading for $2,979 at time of writing, up 1.7% on the day, and SOL is trading for $125, up 2.2% in the last 24 hours.
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