Raoul Pal expects the market cap of altcoins (excluding ETH) to increase 10x in the current cycle. He stated this on his YouTube.

The current capitalization of TOTAL3 (capitalization of altcoins excluding #ETH) is $604.540 billion. That is, Pal expects the price of altcoins to rise to $6.045 trillion.

Let us remember that Pal is the co-founder of Real Vision and the CEO of Global Macro Investor, a former TOP manager at Goldman Sachs. He, as it became known from his joint June interview with ex-CEO of BitMEX Arthur Hayes, is 90% in#SOLand believes that this is “the right bet for the current cycle.” 

The key concept that Pal represents is the "banana zone". A term he uses to describe the explosive phase in the cryptocurrency market, where assets can experience sharp growth. He believes the market is entering this phase due to the imminent Ethereum spot ETF and subsequent capital inflows.

Pal emphasizes the importance of patience and strategic long-term thinking. Highlights typical seasonal patterns in the crypto market, noting that the months leading up to the US presidential election are historically strong for BTC. And advises investors to expect corrections and volatility, but remain focused on the broader trend.