as we inch closer to crypto summer. The bold projection was made by Raoul Pal, founder of Real Vision and key crypto market commentary figure.
“Crypto Summer is usually the start of Alts season, which goes full “bubble-tastic” in Fall. This is when ETH bases and begins to outperform BTC. This is when SOL accelerates its outperformance of BTC & ETH.”“Once the markets are full refreshed, that is usually when The Banana Zone starts, picking up to full mania towards the latter part of the year…and well into 2025”Pal’s projection is purely based on historical data. However, past performance doesn’t necessarily dictate future outcomes.
In a weekend update over Telegram, the firm acknowledged that US inflation was still hot. However, it reiterated that the US treasury could inject more liquidity in the second half of the year. Part of the statement
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