Real Vision CEO Raoul Pal predicts that the total market value of cryptocurrencies could grow to $100 trillion. In a recent interview with the Blockworks Macro YouTube channel, the former Goldman Sachs executive stated that if the digital asset industry maintains its current growth rate, the total market value could grow 44 times in the next decade.
Pal believes that the surge in cryptocurrency market value represents the greatest wealth creation opportunity in history. He noted that by around 2032, the market value could reach $100 trillion. According to CoinMarketCap data, the total market value of cryptocurrencies at the time of writing is $2.1 trillion. Pal advises traders to manage risk wisely, explaining that the market value can grow from the current level to $100 trillion without taking excessive risks.
Read more:
PancakeSwap crypto project to give away tokens for free to the community.
The analyst revealed that he has allocated most of his crypto investment portfolio to smart contract platforms, particularly Solana (SOL), as he believes it and other altcoins outperform Bitcoin (BTC). He mentioned that currently, 90% of his liquid net assets are invested in Solana, not because he dislikes Bitcoin, but because he expects higher returns from other altcoins.
