Ethereum Will Introduce Something Magical After the Merge - Raoul Pal


Raoul Pal, CEO of Real Vision, claims that Ethereum's (ETH) switch to proof-of-stake will provide the leading smart contract platform something "Magical."

The macro expert claims that investors will swarm to Ethereum after it transitions because yield will be introduced to the protocol.

Post merge, a few things happen. There are no miners to sell every day, that’s about six billion that just disappears from selling each month - says Pal

According to Pal, the combination of rising demand and dwindling supply means that the next year should be a good one for Crypto industry.