2026 is shaping up to be a year full of surprises in the crypto markets, according to a top executive at Dragonfly Capital.
Managing partner Haseeb Qureshi from Dragonfly Capital, a prominent crypto venture fund, is optimistic about Bitcoin’s future. He predicts that Bitcoin (BTC) will reach new all-time highs in the coming year.
Qureshi forecasts a significant surge of over 69% in Bitcoin’s value in 2026, alongside a bearish trend in Bitcoin dominance (BTC.D). Bitcoin dominance is a metric that shows the percentage of the overall crypto market cap that belongs to Bitcoin. A bearish BTC.D chart suggests that altcoins are gaining value at a faster rate than Bitcoin.
“I believe that 2026 will bring surprises in both positive and negative directions… BTC is expected to surpass $150,000 by the end of the year, but BTC dominance will decline in 2026.”
In addition to Bitcoin, Qureshi anticipates that Ethereum (ETH) and Solana (SOL) will outperform expectations in 2026.
“Despite the hype surrounding the latest generation of fintech chains, their performance metrics may disappoint. Daily active addresses, stablecoin flows, and real-world assets on Tempo, Arc, and Robinhood Chain could fall short, while Ethereum and Solana are likely to exceed expectations. The best developers will continue to focus on building on neutral infrastructure chains.”
As of now, Bitcoin is trading at $88,576, marking a 1.7% increase in the past 24 hours. Meanwhile, ETH is priced at $2,979, up 1.7% for the day, and SOL is trading at $125, showing a 2.2% increase in the last 24 hours.
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