Ex-Goldman Sachs Exec Predicts Major Gains for Crypto Gaming and New Blockchains

Raoul Pal, CEO of Real Vision, is forecasting a significant upswing in the cryptocurrency sector, especially within the gaming niche.

During a recent appearance on the Empire podcast, Pal, a former Goldman Sachs executive, discussed his belief that gaming applications are on the verge of a major breakthrough that could drive considerable growth in the digital asset space.

Pal noted that the introduction of gaming into blockchain technology is reaching a critical phase, which he expects will lead to substantial progress for the industry.

He also believes that this anticipated growth won’t be confined to gaming alone. Pal anticipates a broad transition from Web2 to Web3, which will enhance user adoption across various digital platforms.

“We’re witnessing a shift from the traditional internet to a new, decentralized internet. This change is expected to gain momentum rapidly, setting the stage for a new growth cycle.”

In addition to these trends, Pal forecasts significant potential gains for cryptocurrencies like Solana (SOL), which he predicts could see a tenfold increase, and Bitcoin (BTC), which he expects to rise four to five times from current levels. He also hinted at a forthcoming opportunity in another layer-1 blockchain, suggesting that new projects in this space could offer high returns, though they might face considerable volatility.

Pal’s insights suggest that the cryptocurrency market is on the brink of substantial transformation, driven by advancements in gaming and emerging blockchain technologies.