Bitcoin News Today: Chainlink Founder Proposes $10M Bitcoin Price Scenario From Institutional Adoption

Chainlink founder Sergey Nazarov has proposed a theoretical scenario in which Bitcoin’s price could reach $10 million per coin, driven by global economic uncertainty and the evolving role of cryptocurrencies in institutional investment strategies. Speaking in an interview with Altcoin Daily, Nazarov highlighted Bitcoin’s growing status as a safe-haven asset, akin to gold, particularly in times of macroeconomic and geopolitical instability. He argued that investors typically seek diversification by spreading capital across different asset classes, and Bitcoin has increasingly become a viable addition to such portfolios [1].

Nazarov emphasized that if just a small percentage of institutional portfolios—such as 2.5%—were allocated to Bitcoin, it could generate significant upward pressure on the asset’s price. He further noted that a more extreme scenario, where major investment vehicles like sovereign wealth funds and pension funds allocate a large portion of their assets to Bitcoin, could theoretically push its price into the tens of millions per coin. However, he acknowledged that such a move would contradict traditional diversification principles and is therefore improbable [1].

The $10 million price target, while speculative, reflects broader optimism within the crypto space. Other industry figures, including JAN3 CEO Samson Mow and Lawrence Lepard of Equity Management Associates, have also suggested that Bitcoin could eventually reach this level if more investors recognize its long-term value [1]. At Bitcoin’s current price of approximately $114,800, a move to $10 million would represent a gain of over 8,600%.

Beyond Bitcoin’s price, Nazarov also highlighted the potential of tokenization as a major growth driver for the crypto industry. He noted that hundreds of trillions of dollars in value currently exist off-chain, and bringing even 5–10% of that on-chain could significantly expand the industry’s footprint. Such a shift could further support Bitcoin’s price by increasing demand and utility across financial systems [1].

Despite these bullish projections, the $10 million target remains speculative and far from a certainty. Other analysts have proposed more moderate forecasts. For example, Canary Capital CEO Steven McClurg predicted Bitcoin could reach $150,000 by the end of 2025, followed by a potential bear market in 2026 [2]. Similarly, BitMEX co-founder Arthur Hayes suggested a $250,000 target if central banks resume aggressive money-printing policies [3]. These varied predictions underscore the uncertainty surrounding Bitcoin’s future price trajectory.

Source:

[1] Chainlink Founder Explains How Bitcoin (BTC) Price Could Reach $10 Million (https://captainaltcoin.com/chainlink-founder-explains-how-bitcoin-btc-price-could-reach-10-million/)

[2] Bitcoin May Hit $150K in 2025 Before 2026 Bear Market (https://www.kucoin.com/it/news/flash/bitcoin-may-hit-150k-in-2025-before-2026-bear-market-says-canary-capital-ceo)

[3] Bitcoin Price Prediction 2025: $200K Target as Chainlink, Litecoin, TONCoin Join Rally (https://www.barchart.com/story/news/34209840/bitcoin-price-prediction-2025-200k-target-as-chainlink-litecoin-toncoin-join-rally)