Massive Ethereum Supply Shock Incoming As ETH Prepares To Outpace Bitcoin: Raoul Pal

Massive Ethereum Supply Shock Incoming As ETH Prepares To Outpace Bitcoin: Raoul Pal


Macro economic expert Raoul Pal says Ethereum (ETH) is set for a series of supply shocks that could help the second largest crypto asset by market cap vastly outperform Bitcoin (BTC) once again.

In a new video update, the Real Vision CEO says that Ethereum’s shift to a proof-of-stake system – which is tentatively set to happen in September – will likely eliminate significant amounts of sell pressure as participants take their coins off the market and stake them for yield.

In addition, Pal speculates that Ethereum will benefit from the absence of miners selling down the price in order to pay for their operational costs, such as in proof-of-work blockchains.

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“What’s really interesting here is this is a supply reduction of really monumental proportions

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