Haseeb Qureshi’s 2026 Crypto Predictions: A Deep Dive

Crypto enthusiasts and investors are abuzz with the latest predictions from Haseeb Qureshi, a partner at Dragonfly Capital. In a post on X late Monday, Qureshi outlined his vision for the crypto landscape in 2026, suggesting that the year will be marked by both significant upsides and potential downfalls. Let’s delve into his detailed predictions, category by category.

Bitcoin and Crypto Predictions for 2026

Bitcoin’s Future

Qureshi’s macro call for Bitcoin is bullish, with a target of over $150,000 by the end of 2026. However, he believes that Bitcoin’s dominance will decrease in the coming year. “BTC is > $150K by year-end, but BTC dominance decreases in 2026,” he wrote. This prediction is supported by historical trends, as Bitcoin’s dominance has been on a downward trajectory since its peak in 2021.

Altcoin Season?

While Qureshi expects a rebound for altcoins, he doesn’t foresee a wild altcoin season. “I don’t think it will be wild enough to call it alt season. I think alts will rebound nevertheless, just not to crazy highs,” he wrote. This prediction is based on the fact that altcoins have historically followed Bitcoin’s price movements, and a significant altcoin season would likely be preceded by a substantial Bitcoin price increase.

Fintech Chains

Qureshi expects the recent crop of fintech chains to underperform in terms of usage and value flow. “Despite the excitement around the recent crop of fintech chains, their metrics will underwhelm,” he wrote. He named Tempo, Arc, and Robinhood Chain as likely laggards, while Ethereum and Solana are expected to overdeliver. This prediction is based on the fact that fintech chains often struggle to gain traction and compete with established players.

Enterprise Blockchains

Qureshi predicts that more large companies will launch blockchains in 2026, with a focus on regulated incumbents. “Many more Fortune 100s launch blockchains, although increasingly concentrated among banking and fintech players,” he wrote. He also expects Avalanche, OP stack, Orbit, and ZK Stack to stand out in this space. This prediction is supported by the increasing interest in blockchain technology among large corporations and the potential for enterprise blockchains to disrupt traditional industries.

Consumer Tech and Crypto

Qureshi expects a major distribution move from consumer tech in 2026. “A big tech company (Google, Facebook, Apple, etc.) launches or acquires a crypto wallet in 2026,” he wrote. This prediction is based on the growing interest in crypto among consumers and the potential for big tech companies to capitalize on this trend.

Monad’s Surprise

Qureshi offers a contrarian timing call on Monad. “Monad gets written off as dead by CT, but metrics take off in the latter part of the year after analysts have already forgotten about it,” he wrote. This prediction is based on the fact that Monad has struggled to gain traction in the past and may be overlooked by analysts in the first half of the year.

Infrastructure

Qureshi expects DoubleZero adoption to broaden in 2026. “At least 3 other chains connect to DoubleZero to improve their latency & throughput metrics. DoubleZero hits 80%+ stake on Solana,” he wrote. This prediction is based on the potential for DoubleZero to improve the performance of other chains and gain widespread adoption.

DeFi and Stablecoins

Perpetuals Market Structure

Qureshi forecasts a more concentrated perpetuals market structure in 2026. “Perp DEX market share consolidates to something like 3 big venues a la HBO (market share something like 40 / 30 / 20), followed by a long tail of smaller players who compete over the leftovers (last 10%),” he wrote. This prediction is based on the increasing competition among DeFi platforms and the potential for a few dominant players to emerge.

Equity Perpetuals

Qureshi expects significant growth in equity perpetuals in 2026. “Equity perps take off, becoming >20% of total DeFi perp volume by EOY,” he wrote. This prediction is based on the growing interest in trading equities on decentralized exchanges and the potential for equity perpetuals to gain widespread adoption.

Reputational Tail Risk

Qureshi identifies a reputational tail risk for DeFi in 2026. “Some DeFi-related insider trading scandal hits mainstream media,” he wrote. This prediction is based on the potential for insider trading to occur in the DeFi space and the potential for a scandal to hit mainstream media.

Stablecoin Supply

Qureshi expects a large expansion in stablecoin supply in 2026, with a focus on dollar-based stablecoins. “Stablecoin supply expands by ~60% in 2026, and USD remains 99%+,” he wrote. He also expects Tether to cede some share. “USDT dominance declines moderately to ~55%,” he wrote. This prediction is based on the growing demand for stablecoins and the potential for new stablecoins to enter the market.

Stablecoin-Backed Cards

Qureshi predicts a large expansion in stablecoin-backed cards in 2026. “Stablecoin-backed cards grow 1,000% in 2026—insanely fast growth,” he wrote. He expects Rain to be the biggest winner in this space. This prediction is based on the growing demand for stablecoins and the potential for stablecoin-backed cards to gain widespread adoption in emerging markets.

Regulation and Prediction Markets

US Legislative Deal

Qureshi predicts a US legislative deal in 2026, but with caveats on what the industry gets. “Clarity Act gets signed into law in 2026 after some significant markups and horse trading,” he wrote. He also expects some buyer’s remorse from crypto insiders. This prediction is based on the ongoing regulatory debates in the US and the potential for a legislative deal to be reached.

Political Scrutiny

Qureshi expects political scrutiny of the crypto industry if Democrats take the House in 2026. “Dems win the house, and there is a parade of hearings about anything in crypto that touched TRUMP / WLFI,” he wrote. He also expects Trump to distance himself from any deals. This prediction is based on the potential for political scrutiny of the crypto industry and the ongoing debates surrounding Trump’s involvement in crypto deals.

Prediction Markets

Qureshi expects prediction markets to expand rapidly in 2026, amid unresolved US legal fights. “Prediction markets grow like crazy,” he wrote. He also expects Polymarket to extend its cultural edge and distribution. “Meanwhile Polymarket continues to steamroll the culture,” he wrote. This prediction is based on the growing interest in prediction markets and the potential for Polymarket to gain widespread adoption.

Conclusion

Haseeb Qureshi’s 2026 crypto predictions offer a mix of bullish and bearish sentiments, reflecting the uncertainty and volatility of the crypto market. While he expects Bitcoin to continue its upward trajectory and altcoins to rebound, he also identifies potential risks and challenges, such as regulatory uncertainty and reputational tail risks. Overall, Qureshi’s predictions suggest that 2026 will be a year of significant change and growth in the crypto industry, with both opportunities and challenges on the horizon.

FAQ

What is Haseeb Qureshi’s prediction for Bitcoin in 2026?

Haseeb Qureshi predicts that Bitcoin will reach over $150,000 by the end of 2026, but that its dominance will decrease in the coming year.

Will there be an altcoin season in 2026?

Haseeb Qureshi doesn’t foresee a wild altcoin season in 2026. While he expects altcoins to rebound, he doesn’t believe they will reach crazy highs.

Which fintech chains are likely to underperform in 2026?

Haseeb Qureshi names Tempo, Arc, and Robinhood Chain as likely laggards in the fintech chain space in 2026.

What is Haseeb Qureshi’s prediction for enterprise blockchains in 2026?

Haseeb Qureshi predicts that more large companies will launch blockchains in 2026, with a focus on regulated incumbents. He also expects Avalanche, OP stack, Orbit, and ZK Stack to stand out in this space.

What is Haseeb Qureshi’s prediction for consumer tech and crypto in 2026?

Haseeb Qureshi expects a major distribution move from consumer tech in 2026, with a big tech company (Google, Facebook, Apple, etc.) launching or acquiring a crypto wallet.

What is Haseeb Qureshi’s prediction for Monad in 2026?

Haseeb Qureshi offers a contrarian timing call on Monad, predicting that it will be written off as dead by analysts in the first half of the year but that its metrics will take off in the latter part of the year.

What is Haseeb Qureshi’s prediction for DoubleZero adoption in 2026?

Haseeb Qureshi expects DoubleZero adoption to broaden in 2026, with at least 3 other chains connecting to DoubleZero to improve their latency and throughput metrics. He also expects DoubleZero to hit 80%+ stake on Solana.

What is Haseeb Qureshi’s prediction for the perpetuals market structure in 2026?

Haseeb Qureshi forecasts a more concentrated perpetuals market structure in 2026, with 3 big venues dominating the market share, followed by a long tail of smaller players.

What is Haseeb Qureshi’s prediction for equity perpetuals in 2026?

Haseeb Qureshi expects significant growth in equity perpetuals in 2026, with equity perps becoming over 20% of total DeFi perp volume by the end of the year.

What is Haseeb Qureshi’s prediction for stablecoin supply in 2026?

Haseeb Qureshi expects a large expansion in stablecoin supply in 2026, with a focus on dollar-based stablecoins. He also expects Tether to cede some share.

What is Haseeb Qureshi’s prediction for stablecoin-backed cards in 2026?

Haseeb Qureshi predicts a large expansion in stablecoin-backed cards in 2026, with growth of over 1,000%. He expects Rain to be the biggest winner in this space.

What is Haseeb Qureshi’s prediction for US regulation in 2026?

Haseeb Qureshi predicts a US legislative deal in 2026, but with caveats on what the industry gets. He also expects some buyer’s remorse from crypto insiders.

What is Haseeb Qureshi’s prediction for political scrutiny in 2026?

Haseeb Qureshi expects political scrutiny of the crypto industry if Democrats take the House in 2026. He also expects Trump to distance himself from any deals.

What is Haseeb Qureshi’s prediction for prediction markets in 2026?

Haseeb Qureshi expects prediction markets to expand rapidly in 2026, amid unresolved US legal fights. He also expects Polymarket to extend its cultural edge and distribution.