A top executive at Dragonfly Capital believes crypto markets will be full of surprises in 2026.
Haseeb Qureshi, managing partner of Dragonfly Capital, a cryptocurrency venture fund, believes that Bitcoin (BTC) will reach new all-time highs next year.
He predicts that Bitcoin will rise more than 69% from its current value in 2026, while Bitcoin (BTC.D) dominance will turn bearish.
Bitcoin dominance tracks the share of the crypto market cap owned by Bitcoin. A bearish BTC.D chart indicates that altcoins are gaining value faster than Bitcoin.
“I think 2026 will surprise, both up and down…BTC is above $150,000 by the end of the year, but BTC dominance declines in 2026.”
Qureshi also predicts that Ethereum (ETH) and Solana (SOL) will exceed expectations in 2026.
“Despite the excitement over the recent crop of fintech chains, their metrics will be disappointing. Daily active addresses, stablecoin flows, and RWAs (real world assets) – Tempo, Arc, and Robinhood Chain will underdeliver, while Ethereum and Solana will overdeliver. Top developers will continue to rely on neutral IR chains.”
Bitcoin is trading at $88,576 at the time of writing, up 1.7% in the last 24 hours.
Meanwhile, ETH is trading at $2,979 at the time of writing, up 1.7% on the day, and SOL is trading at $125, up 2.2% over the past 24 hours.
 
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