He assumes that the crypto market will see massive institutional inflows by the end of 2030 should a Bitcoin spot ETF be approved next year. While Raoul Pal is a major predictor of trends as concerns the market, he is optimistic that all forecasting beyond the year 2030 will “go out the window.”
The digital currency ecosystem is evolving at a very fast pace, with intense volatility across the board. Riding on this, Raoul Pal said with this constant evolution, “it becomes near impossible to forecast economies, society, and markets beyond 2030.”
He posits that should the current estimation of growth be achieved as projected, we might “hit the exponential on everything and everything changes forever in ways we can’t yet grasp.”
Raoul Pal also maintains an optimistic view of Solana in particular, noting that he has been extremely bullish on the coin all year. One of the most ambitious projections from Raoul Pal is that Ethereum might eventually Bitcoin (BTC) in the long term.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
