Raoul Pal Looks Into Google Search Trends For Bullish Crypto Signals

Raoul Pal the Chief Executive of Real Vision is looking into Google Search activity to understand where crypto adoption is heading.
Pal shared with his 894.8K followers on Twitter that Bitcoin (BTC) Google search activity is growing.
“Just taking the pulse of adoption of digital assets. Google search is always interesting… Here is Bitcoin (treading water)”
Looking into Ethereum’s (ETH) search activity, he notes that it also looks very good.
“Here is ETH (decently strong)”
Google search activity for decentralized finance (DeFi) has remained steady but isn’t growing at the moment.
“DeFi, considering the TAM (total addressable market) of its application, is likely to see much more interest over time. We have only seen the first mini-wave. Wait until TradFi goes on blockchain for some real magic applications.”
Non-fungible token (NFT) Google search activity has exploded hinting that the NFT sector is the “new breakaway” in terms of network adoption, he notes, but the problem is that there are too many projects to choose from.
The search trends for Web 3.0 are just starting to appear, but Pal says that it’s becoming “the all-encompassing term for the digital asset space and its applications layer.”
Overall, the investment strategist remains bullish on the crypto market.










