Crypto Adoption Outpacing the Internet
Financial expert Raoul Pal believes cryptocurrencies are being adopted at an unprecedented rate, outpacing even the growth of the internet. He bases this on the number of active wallet addresses, which he says is a more accurate measure than the number of crypto users.
Tokenized Rails for the Future
Pal predicts that the entire financial system will eventually transition to “tokenized rails,” where cryptocurrencies will play a central role. However, he emphasizes that this adoption will take time as the crypto sector matures and becomes more secure.
Crypto Adoption and Bullishness
Pal believes that the adoption rate of a cryptocurrency is a strong indicator of its potential for growth. He points to Solana as an example, which saw significant gains during the last bull run due to its rapid adoption.
Altcoin Season on the Horizon
Pal predicts that the crypto market is entering a period of altcoin dominance, where altcoins will outperform Bitcoin. He names Sui, Aptos, and Cosmos as potential candidates for leading the next bull run.
Summer Period and Bitcoin’s Dominance
Pal expects Bitcoin to reach new highs during the summer period before its dominance declines, signaling the start of altcoin season.
