Charles Hoskinson, CEO and founder of Input Output, explains crypto prices may need another three to six months of pressure before catching up with the industry’s technological progress. However, he remains bullish on the long-term outlook, arguing that the next major cycle will be driven by real-world assets, Web 2.5 infrastructure, regulation and billions of new users.

Why Prices Are Still Lagging

Hoskinson said current market conditions resemble the later stages of a bear market. The Crypto Fear and Greed Index is around 24, while Bitcoin ETFs have recorded roughly $4.5 billion in net outflows despite holding around $80 billion in assets under management.

“It’s actually a great buying opportunity right now,” he said,…