Raoul Pal Says Crypto Correction Does Not End the Bull Run

Speaking at TOKEN2049, Raoul Pal argued that the ongoing market pullback is not the end of the bull cycle. He pointed to investors shifting money into AI-related stocks, leaving crypto short of fresh capital.

Pal believes the flow could reverse once financial conditions ease. He expects total crypto market cap to hit $10 trillion in the coming years and reach $100 trillion by 2035, a fortyfold increase from today’s $2.5 trillion.

The biggest tailwinds, he said, will come from AI agents and tokenization of real-world assets. By 2027 some 25 billion AI agents could exist; even a 1 % share using crypto wallets would bring 250 million new users. Stablecoins alone are projected to reach $1 trillion by 2030, with Layer-1 networks capturing most of the value.

Based on information from cryptonews.net