Raoul Pal, co-founder and CEO of Real Vision Group, predicts that the global crypto market will reach a market capitalization of $100 trillion. Pal is strongly bullish on the future of the industry, believing the market will grow 44 times its current value. In a YouTube interview, he suggested that the current market liquidity cycle could last until 2025, noting a cyclicality in global liquidity since 2008. He discussed “The Everything Code,” highlighting the growth of assets like stocks, cryptocurrency, and technology as key drivers of the current market cycle.
Pal described a shift towards a “Macro Summer,” characterized by liquidity growth and significant upward price movements, which he calls the “Banana Zone.” He predicted that the crypto market cap could rise from $2.5 trillion to $100 trillion within a decade. If the market grows steadily and evolves rapidly, this could mean a 44-fold increase in market capitalization.
Our take: If the market cap reaches just 10 percent of $100 trillion in the next year, it could significantly impact the price of many tokens. Take a look below to review our price research.
1. Solana ($SOL)
Currently, Solana’s market cap is approximately 2.93% of the total cryptocurrency market cap ($65 billion / $2.22 trillion) with a current token price of $141.19.
Assuming Solana’s innovative technology and adoption rates propel it to capture a larger market share, say 5% of the total market:
- Projected Market Cap: = 5% of 10 trillion = $500 billion
- Projected Price per SOL: = 500 billion / 460 million = $1,086.96
2. Avalanche ($AVAX)
Currently, Avalanche’s market cap represents approximately 0.45% of the total cryptocurrency market cap ($10 billion / $2.22 trillion) with a current token price of $25.50.
Assuming Avalanche’s expanding ecosystem and technological enhancements enable it to capture a higher market share of 0.8%:
- Projected Market Cap: = 0.8 % × 10 trillion = $80 billion
- Projected Price per AVAX: = 80 billion / 392 million = $204.08
3. Near Protocol ($NEAR)
Currently, NEAR’s market cap represents approximately 0.22% of the total cryptocurrency market cap ($4.8 billion / $2.22 trillion) with a current token price of $4.45.
Assuming NEAR’s continued platform development and increased adoption raise its market share to 0.4%:
- Projected Market Cap: =0.4% of 10 trillion = $40 billion
- Projected Price per NEAR = 40 billion / 1.08 billion = $37.04
4. Chainlink ($LINK)
Currently, Chainlink’s market cap is approximately 0.34% of the total cryptocurrency market cap ($8 billion / $2.22 trillion) with a current token price of $12.75. If Chainlink maintains this market share as the total market cap rises to $10 trillion:
If Chainlink increases its market share to 1% of the total cryptocurrency market cap:
Projected Market Cap: 1% of $10 trillion = $100 billion
Projected Price per LINK: 100 billion / 555 million = $180.18
5. Lido DAO ($LDO)
Currently, LDO’s market cap represents approximately 0.063% of the total cryptocurrency market cap ($1.4 billion / $2.22 trillion) with a current token price of $1.58.
Assuming LDO’s integration into more DeFi protocols and increased staking activities boost its market share to 0.1%:
Projected Market Cap: 0.1% of 10 trillion = $10 billion
- Projected Price per LDO: 10 billion / 886 million = $11.29
6. Uniswap ($UNI)
Currently, Uniswap’s market cap represents approximately 0.27% of the total cryptocurrency market cap ($6 billion / $2.22 trillion) with a current token price of $8.11.
Assuming Uniswap’s continuous innovation and dominance in the DEX sector increase its market share to 0.5%:
- Projected Market Cap: 0.5% of 10 trillion = $50 billion
- Projected Price per UNI: 50 billion / 738 million = $67.70
7. Render Token ($RNDR)
Currently, RNDR’s market cap represents approximately 0.09% of the total cryptocurrency market cap ($2 billion / $2.22 trillion) with a current token price of $6.30.
Assuming RNDR’s continued innovation and adoption within the graphics rendering sector elevate its market share to 0.3%:
- Projected Market Cap: 0.3% of 10 trillion = $30 billion
- Projected Price per RNDR: 30 billion / 317 million = $94.68
8. Bonk ($BONK)
Currently, BONK’s market cap represents approximately 0.077% of the total cryptocurrency market cap ($1.7 billion / $2.22 trillion) with a current token price of $0.00002606.
Assuming BONK’s rise in popularity as the top Solana meme coin and thus drives its market share to 0.15%:
- Projected Market Cap: 0.15% of 10 trillion = $15 billion
- Projected Price per BONK: 15 billion / 65 billion = $0.2308
9. Brett ($BRETT)
Currently, BRETT’s market cap represents approximately 0.045% of the total cryptocurrency market cap ($1 billion / $2.22 trillion) with a current token price of $0.119.
Assuming BRETT’s rise in popularity as the top BASE meme coin and thus drives its market share to 0.1%:
- Projected Market Cap: 0.1% of 10 trillion = $10 billion
- Projected Price per BRETT: 10 billion / 8.4 billion = $1.19
A bit of shade being thrown about the Banana Zone. Let me clarify...
— Raoul Pal (@RaoulGMI) May 13, 2024
Macro Summer and Fall are driven by the global liquidity cycle that exhibits clear cyclicality since 2008. pic.twitter.com/y3Tvg22GAX
Conclusion
These projections assume that the overall market cap will increase significantly and that each coin will double its market share. It’s essential to consider that market dynamics, adoption rates, technological advancements, and regulatory developments will influence these outcomes. This analysis provides a theoretical framework based on market cap growth and is not a prediction of future performance.
Disclaimer: Nothing on this site should be construed as a financial investment recommendation. It’s important to understand that investing is a high-risk activity. Investments expose money to potential loss.
