Overview
- Garlinghouse made the prediction on a Binance Blockchain Week panel alongside Solana Foundation President Lily Liu and Binance CEO Richard Teng.
- He cited anticipated U.S. regulatory clarity, including a market-structure bill known as the CLARITY Act that he suggested could pass in the first half of next year.
- The Ripple chief pointed to growing participation from asset managers such as BlackRock, Vanguard, and Fidelity, with crypto products still a small slice of the ETF market.
- Liu offered a milder outlook, saying Bitcoin could be above $100,000 by the end of next year, while Teng declined a target and emphasized long-term growth.
- Bitcoin was trading around $92,000–$93,000 at the time of the remarks, about 27%–30% below October’s record above $126,000, underscoring recent volatility and uncertainty.