Grayscale, a prominent digital asset management firm, stated in a report published Monday that quantum computing will not have a significant impact on cryptocurrency valuations in 2026.
Quantum Risk Won’t Move Crypto Prices In 2026?
In its “2026 Digital Asset Outlook” report, Grayscale didn’t rule out a long-term risk to blockchain cryptography, but deemed it unlikely to “meaningfully” influence cryptocurrency markets, including Bitcoin (CRYPTO: BTC).
“Bitcoin and most other blockchains — and virtually everything else in the economy that uses cryptography — will eventually need to be updated for post-quantum tools,” the report read.
Grayscale added that research on quantum risk and community preparedness efforts will “likely accelerate” in 2026.
That said, Grayscale referred to expert projections indicating that a quantum computer potent enough to crack Bitcoin's cryptography is “unlikely to materialize” before 2030.
Can Quantum Computing Really Break Bitcoin?
The quantum computing threat has been a topic of concern in the cryptocurrency community.
English YouTuber Josh Otten talked about the potential of a functional quantum computer using Shor's algorithm to break the encryption protecting Bitcoin's oldest wallets, including that of Satoshi Nakamoto. Satoshi’s wallet currently holds 1.096 million BTC, worth $94.55 billion, according to on-chain analytics firm Arkham.
In an October interview, Jameson Lopp, co-founder and chief security officer at self-custody platform firm Casa, estimated in a “greater than 50% chance” that it will take at least another decade before a quantum computer, powerful enough to decode a Bitcoin public key to find its corresponding private key, becomes a reality.
He, however, mentioned that about 4 million BTC, nearly 25% of the total supply, have already had their public addresses exposed.
Price Action: At the time of writing, BTC was trading at $86,050.51, down 4.01% over the last 24 hours, according to data from Benzinga Pro.
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