Overview
- Brad Garlinghouse made the prediction during a Binance Blockchain Week panel alongside Solana’s Lily Liu and Binance CEO Richard Teng.
- Liu said she expects prices to remain above $100,000, while Teng declined to offer a target and emphasized a long-term focus over short-term swings.
- Garlinghouse cited growing participation by major managers such as BlackRock, Vanguard, and Fidelity, pointing to expanding crypto ETF adoption.
- Bitcoin was trading around $93,000 at the time of reporting after setting a record above $126,000 in October.
- Recent market turbulence included an estimated $20 billion in leveraged liquidations and negative funding rates during the selloff, underscoring near-term risk.