Ex Goldman Sachs venture capitalist and Real Vision CEO Raoul Pal said there’s a good potential that crypto being will be a $250 trillion financial asset, which is 100 times from where it is now. The overall market valuation of the global crypto industry is $2.2 trillion and Pal, stated podcast Bankless Brasil that if crypto networks continue on their current path then there’s a good chance” the sum might climb to around $250 trillion, and he also drew parallels between present market capitalizations and asset classes, noting that they all ranged from “$250-$350 trillion.”
He noted that it is very much correlated with the concept that 3.5 billion people are utilizing it and that shows the network’s growth rate. The market valuation will be over $250 trillion if there are 3.5 billion users in 2030.
Within the same time frame of 24 hours BTC, ETH, BNB are up 7.6, 9, and 9.6 percent respectively the whole crypto market value has fallen 6.8 percent.
The sudden decrease may have taken Pal by surprise. He anticipated in November that the Bull Run would not conclude in December, as it did in 2015 and 2017, but would instead last until around June.
