Raoul Pal: The Banana Zone, $10 trillion Debt Rollover (Why 2026 Will Be Massive!)

Raoul Pal joins us live at Solana Breakpoint to explain why the highly anticipated "Banana Zone" for crypto has been delayed and why 2026 is set to be a monumental year. Raoul breaks down the macro forces at play, specifically the $10 trillion debt rollover that will force central banks to inject massive amounts of liquidity into the system. He argues that patience is the hardest but most profitable strategy right now, and that the current market chop is just noise before the inevitable debasement trade kicks in. We also discuss the influx of institutional giants like sovereign wealth funds and ETF issuers, and why their presence is a validation of the crypto thesis, not a betrayal of it. Timestamps: 0:00 - When Banana Zone? 2:38 - The Patience Problem 5:24 - Institutions Are Here 9:21 - 2026 A "Very Good Year"