Delphi Ventures Partner Predicts BTC and SOL Could Reach New ATHs by 2026
Tommy Shaughnessy, partner at Delphi Ventures, outlines a cautious but bullish medium-term outlook for Bitcoin (BTC) and Solana (SOL). He advises traders to avoid leverage and to make quarterly tax payments to reduce penalty risk, stressing prudent risk controls amid ongoing volatility and shifting margin requirements. Shaughnessy argues that the market is digesting a one-off shock from the forced liquidations on October 10–11; once that disruption is absorbed, improving liquidity, greater institutional participation, clearer regulation, and protocol progress could drive BTC and SOL toward new all-time highs by 2026. The analysis emphasizes risk management while presenting a constructive thesis rooted in fundamentals and market structure recovery.
Bullish
The article conveys a fundamentally bullish medium-term thesis for BTC and SOL backed by improving liquidity, institutional adoption, regulatory clarity, and protocol development — factors that historically support price appreciation. The warning to avoid leverage and to uphold strict risk controls points to potential near-term volatility, but the core message is that the market disruption from the October forced liquidations was temporary and will likely be absorbed. Similar past events (e.g., post-liquidation recoveries after major deleveraging episodes) show sharp short-term swings followed by renewed upward momentum as liquidity returns and risk appetite recovers. Short-term effects: elevated volatility, potential pullbacks as the market digests positions and margin changes; traders should reduce leverage and manage tax/payment timing. Long-term effects: if institutional flows and regulatory clarity continue, BTC and SOL could see sustained demand pushing toward new ATHs by 2026, particularly for BTC as a macro hedge and SOL if Solana’s protocol upgrades and ecosystem growth persist.