Crypto: Could market size increase 300x?

Raoul Pal is a macroeconomics expert and a former Goldman Sachs executive. The expert recently gave an interview to Google TechTalks. During the interview, Raoul Pal made predictions about the value of the cryptocurrency and Web3 market in the future. Here’s how the macroeconomics expert describes the future of these technologies.

Current volume of activity says a lot about the future of crypto and Web3

During his interview, Raoul Pal declared that the market capitalization of the crypto market and Web3 will eventually increase by 300 times. Indeed, the expert believes that cryptos and Web3 projects will be propelled from their current value from 1,000 billion dollars to 300,000 billion dollars, in 10 to 15 years.

According to Pal, it would be enough for the macroeconomic turbulence to subside for the capitalization of the crypto industry to experience a sharp rise. To make his predictions, the expert relied on the volume of activity in the crypto and Web3 sector. He also considered the growth potential of this industry. He suggested that cryptocurrencies are evolving at an enormous speed.

Pal’s point of view

For the expert in macroeconomics, we must expect “fastest and most important» accumulation of value in crypto markets. “Bigger than oil. Bigger than the internet. It’s a very, very different thing. It’s quite a phenomenon. The thing is, as soon as the macroeconomic situation clears up…everyone is going to jump in“said Raoul Pal.

Venture capital at the heart of the sector?

Raoul Pal is of the opinion that the crypto market is full of venture capital investments. For him, this situation results from the fact that the biggest players in technology and finance are interested in the sector.

In this regard, the expert said:All major Web2 players are involved. All players in the financial system are involved. Everybody. You don’t really see it, because they are moving cautiously due to regulatory issues“.

He added that “everyone has already invested venture capital in this space“. He indicated that the amount of venture capital invested in the last 18 months in the sector is 60 billion dollars.

Macroeconomics expert Raoul Pal believes that the strong evolution of the crypto and Web3 market will lead to a lot of new things. He expects to seea bunch of products and new changes and innovations coming in the next six to twelve months“.

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