Latest / The Paul Barron Crypto Show / $AVAX Will Outperform Bitcoin & ETH📈Big Banks Double Down🚀

Transcript

$AVAX Will Outperform Bitcoin & ETH📈Big Banks Double Down🚀 · The Paul Barron Crypto Show

• 0:05
  Speaker 1: My name of Small Barrel. Welcome back in the tech path.
• 0:08
  Speaker 1: Let's get started today. I do want to thank our sponsor, Coinbase.
• 0:11
  Speaker 1: Coinbase is a great place for you guys to begin
• 0:13
  Speaker 1: your crypto journey, and I think a lot of people
• 0:15
  Speaker 1: now are starting to enter crypto. And the cool thing
• 0:19
  Speaker 1: is if you go over visit coinbase dot com, you
• 0:21
  Speaker 1: can of course get fifty bucks when you actually buy
• 0:24
  Speaker 1: fifty dollars in crypto. So I have to use is
• 0:26
  Speaker 1: our link down below. It's going to get you started,
• 0:28
  Speaker 1: get you going, and you can buy your bitcoin over there,
• 0:30
  Speaker 1: your Avalanche over there, ethereum. Pretty much almost any token
• 0:34
  Speaker 1: you want is available out there. Check out coinbase. If
• 0:37
  Speaker 1: you guys remember we did a big video a couple
• 0:40
  Speaker 1: of weeks ago on this news right here, and this
• 0:43
  Speaker 1: was Warren Buffett, one of the biggest bankers out there,
• 0:45
  Speaker 1: choosing Avax. And of course this is around the Japanese
• 0:49
  Speaker 1: ecosystem utilizing Avalanche for their stable coins. So this is
• 0:54
  Speaker 1: I think one of the key factors that we've started
• 0:56
  Speaker 1: to see a little bit of movement on the Avalanche token.
• 0:59
  Speaker 1: When you look look at the charts right now, Avalanche
• 1:02
  Speaker 1: also up almost forty if you go off to that
• 1:04
  Speaker 1: dip on the wick was trading at around fourteen dollars
• 1:06
  Speaker 1: trading now at about twenty. This is where we're starting
• 1:09
  Speaker 1: to see a little bit of action on avax and
• 1:12
  Speaker 1: could this be a good sign because there is a
• 1:15
  Speaker 1: lot of interesting news starting to brew for Avalanche. If
• 1:19
  Speaker 1: you guys will remember JP Morgan rolled out a programmable
• 1:22
  Speaker 1: payment via the jpmcorn This goes all the way back
• 1:25
  Speaker 1: to what was this twenty three Yeah, that was in
• 1:28
  Speaker 1: November of twenty twenty three. Now if you remember that
• 1:30
  Speaker 1: was part of the Onyx program. Kind of the history
• 1:33
  Speaker 1: of the timeline of where they were going and what
• 1:36
  Speaker 1: was happening. The key thing here when you look at
• 1:39
  Speaker 1: the use case of JP Morgan, they've been utilizing blockchains
• 1:42
  Speaker 1: really since about twenty fifteen. The key here now is
• 1:46
  Speaker 1: it's called connexus and this is something where Avicloud is
• 1:50
  Speaker 1: now selected to participate in this around this new partnership,
• 1:55
  Speaker 1: and this I think is going to be a big
• 1:57
  Speaker 1: point of success because as we start to see RWAs
• 2:01
  Speaker 1: evolve and they're going to evolve quickly, this I think
• 2:04
  Speaker 1: will be one of the next big steps. JP Morgan
• 2:06
  Speaker 1: also launches blockchain based Connecxus. This is digital payments in IGBP.
• 2:11
  Speaker 1: Of course the pound in the UK just here recently,
• 2:15
  Speaker 1: so this is all good news. Further into that, if
• 2:19
  Speaker 1: you look at the privacy solutions, this is one of
• 2:21
  Speaker 1: the key things that Avalanche has over many others is
• 2:25
  Speaker 1: the privacy component, and this is one of the things
• 2:27
  Speaker 1: that JP Morgan had to have in place to make
• 2:30
  Speaker 1: it happen. If you notice they're together combined with Distributed
• 2:33
  Speaker 1: Identity d ID Avalanche warp messaging, they ensure a confidentiality
• 2:39
  Speaker 1: without sacrificing the functionality of private insecure blockchain based assets.
• 2:42
  Speaker 1: If you take a look further into their report here,
• 2:45
  Speaker 1: this GIT gets a little bit into actually how it's
• 2:48
  Speaker 1: being used. I'll zoom in on this and kind of
• 2:51
  Speaker 1: see the smart contract auction layer ones, et cetera being utilized.
• 2:55
  Speaker 1: Right here's the main l one. This is the point
• 2:58
  Speaker 1: behind this, and again this gets into RWA integration and adoption.
• 3:04
  Speaker 1: That is one of the key things that will drive
• 3:06
  Speaker 1: a lot of this use case into the next layer. Now,
• 3:09
  Speaker 1: many people will remember a couple of things that have
• 3:12
  Speaker 1: happened over the last few months. This was a clip
• 3:16
  Speaker 1: that was at the Converge event and they were talking
• 3:19
  Speaker 1: about the whole idea around institutional and adoption.
• 3:24
  Speaker 2: Take a look, maybe like a hot take from my
• 3:26
  Speaker 2: side is that I think any application or business that
• 3:29
  Speaker 2: reaches true product market fit in the space will want
• 3:33
  Speaker 2: and necessitate its own chain.
• 3:35
  Speaker 3: So just curious who here in the audience thinks the
• 3:37
  Speaker 3: world needs more blockchains? All right, there's three people.
• 3:41
  Speaker 2: I don't mean entire blockchain networks, right, they can be
• 3:43
  Speaker 2: avalanchell ones, they can be Cosmos chains.
• 3:47
  Speaker 3: We were slacking about this yesterday.
• 3:50
  Speaker 2: It's a private conversation.
• 3:51
  Speaker 3: At JP Morgan. Jamie Diamond, he gets up on stage
• 3:55
  Speaker 3: and he does not speak positively about this space. And
• 4:01
  Speaker 3: so I think when you get Jamie Diamond up here
• 4:04
  Speaker 3: saying how much he loves blockchain, how much he loves crypto,
• 4:07
  Speaker 3: that's the tipping point.
• 4:09
  Speaker 1: All right, Well we may have that tipping point because actually,
• 4:12
  Speaker 1: if you recall, there has been an issue where really,
• 4:16
  Speaker 1: you know, Diamond was kind of on record. This was
• 4:18
  Speaker 1: a clip from sixty minutes, and this is the clip
• 4:22
  Speaker 1: versus the raw edit of that. What was actually said.
• 4:25
  Speaker 1: Listen in you've said that it's as useless as a
• 4:29
  Speaker 1: pet rock.
• 4:30
  Speaker 2: What do you really think?
• 4:31
  Speaker 4: No, Bitcoin itself has no intrinsic value. So I just
• 4:34
  Speaker 4: don't feel great about bitcoin. I think you have the
• 4:36
  Speaker 4: right to smoke, but I don't think you should smoke. Yeah,
• 4:39
  Speaker 4: blockchain itself will work, and that's kind of crypto crypto contracts.
• 4:44
  Speaker 4: You know, you can go somewhere and see what this
• 4:47
  Speaker 4: building is. You can buy zero point one percent of
• 4:49
  Speaker 4: a building with all the detailed there, all the data
• 4:51
  Speaker 4: and a permission area. Yeah, they'll have uses.
• 4:55
  Speaker 5: All right.
• 4:56
  Speaker 1: So that was in the same interview there on sixty minutes,
• 4:59
  Speaker 1: and that's the point that that was edited out from
• 5:01
  Speaker 1: the original and you can see the support there obviously.
• 5:04
  Speaker 1: Why we've seen JP Morgan start to get a little
• 5:07
  Speaker 1: bit more well not a little bit, quite a bit
• 5:09
  Speaker 1: more active in the blockchain space, so much so that
• 5:12
  Speaker 1: they built on ethereum. Take a look at this clip.
• 5:16
  Speaker 5: So Jamie Simon is against bitcoin, but for blockchain, we
• 5:20
  Speaker 5: got that question a ton So on ex digital assets
• 5:23
  Speaker 5: itself leverages an instance of quorum, and quorum is an
• 5:27
  Speaker 5: EVM blockchain and added on a layer of permissioning and
• 5:32
  Speaker 5: a layer of private messaging that must be met in
• 5:35
  Speaker 5: order for the likes of JP Morgan and our clients
• 5:38
  Speaker 5: to be able to transact on these types of networks,
• 5:41
  Speaker 5: live products centered around payments and centered around digital assets.
• 5:46
  Speaker 6: Are you working with Blackrock?
• 5:48
  Speaker 5: We are working with Blackrock, all.
• 5:51
  Speaker 1: Right, So you can see the point, And this is
• 5:52
  Speaker 1: something we've talked about quite a bit on the show,
• 5:54
  Speaker 1: is that privacy is going to be a necessity for
• 5:58
  Speaker 1: major institutional deployment and adoption, so much so that even
• 6:03
  Speaker 1: Vitallic went on today here on April fourteenth and kind
• 6:08
  Speaker 1: of chimed in on this today. However, privacy can no
• 6:10
  Speaker 1: longer be ignored and is this of course, ethereum Ai
• 6:14
  Speaker 1: is greatly increasing capability of centralized data collection and analysis, well,
• 6:17
  Speaker 1: greatly expanding the scope of data that we have to
• 6:19
  Speaker 1: share voluntarily. He understands that the point being Metallic understanding
• 6:24
  Speaker 1: that the requirement for privacy is growing, especially in the blockchain.
• 6:28
  Speaker 1: I think that's the whole issue. With that being said,
• 6:31
  Speaker 1: you have to look at what Avalanche. The Avalanche has
• 6:33
  Speaker 1: been doing, and they of course have been focused on
• 6:35
  Speaker 1: privacy for quite some time. Here is a rollout that's
• 6:38
  Speaker 1: actually making it easier to so eer C twenty. This
• 6:42
  Speaker 1: is a huge update. This of course is going to
• 6:44
  Speaker 1: allow the EERC to the next evolution of token standards,
• 6:48
  Speaker 1: meaning that almost anyone would be able to create a
• 6:51
  Speaker 1: private token and have privacy within the blockchain. That will
• 6:54
  Speaker 1: be a big step forward. This is where they get
• 6:58
  Speaker 1: into how easy it will work. Take a look.
• 7:01
  Speaker 6: This is how easy it is to create an encrypted token.
• 7:04
  Speaker 6: The only people that can see the amount of tokens
• 7:07
  Speaker 6: being minted is us and the auditor. Once minted, we
• 7:10
  Speaker 6: can see that our balance is now updated. This is
• 7:13
  Speaker 6: how others will also see our balance. It's a secure ciphertext.
• 7:19
  Speaker 3: All right.
• 7:19
  Speaker 1: So you can imagine that the need for game or
• 7:24
  Speaker 1: l one's this is going to come from a lot
• 7:25
  Speaker 1: of different other whether it's retail, we start to see
• 7:28
  Speaker 1: this in business's big business outside of just RBA's and
• 7:32
  Speaker 1: token is securities, but also gaming here of course is
• 7:34
  Speaker 1: off the grid. This is utilizing the EERC twenty and
• 7:38
  Speaker 1: again this gets back into the privacy component. But if
• 7:40
  Speaker 1: you think about big brands, i'll say McDonald's or others,
• 7:43
  Speaker 1: you know they don't want other big brands knowing what
• 7:46
  Speaker 1: they're doing. Black Rock also in terms of institutional digital liquidity,
• 7:51
  Speaker 1: they continue to explode here. So there is a lot
• 7:54
  Speaker 1: going on with the potential around our WA's and I
• 7:58
  Speaker 1: think that along with when you take and break down
• 8:01
  Speaker 1: Avalanche on institutional funds, you can kind of see the
• 8:04
  Speaker 1: breakdown here Avalanche also growing. With all that being said,
• 8:07
  Speaker 1: you got to look at ethereum. This of course will
• 8:09
  Speaker 1: trickle down into other related blockchains. Of course, the ksync
• 8:13
  Speaker 1: and also Avalanche both growing. Then if you take a
• 8:17
  Speaker 1: look at what's happening here on Avalanche, also on RBA
• 8:21
  Speaker 1: is exploding right here over the last little bit, So
• 8:24
  Speaker 1: growth is going to continue. I think as we start
• 8:28
  Speaker 1: to see this rollout and more institutional adoption and use case,
• 8:32
  Speaker 1: that's where you're going to continue to see Avalanche do
• 8:36
  Speaker 1: much better. Remember that Mantra just recently rugged, this was
• 8:39
  Speaker 1: an RDBA platform out there very similar, I'll say, maybe
• 8:43
  Speaker 1: kind of like an Ondo. In fact, if you look
• 8:45
  Speaker 1: at some of the chains that especially around RWA's chain
• 8:49
  Speaker 1: link Avalanche, Hedera Ondo, these are the ones that kind
• 8:52
  Speaker 1: of have taken over in terms of the assets fleeing
• 8:56
  Speaker 1: from something like a Mantra going over into these other
• 9:00
  Speaker 1: potential rbas and I think that is something we'll probably
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  Speaker 1: see a lot more of. This kind of shows you
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  Speaker 1: the growth there Avalanche number two, chain link number one,
• 9:09
  Speaker 1: but right there was Mantra, so right there enough of
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  Speaker 1: a growth that could flow into these top tier tokens
• 9:16
  Speaker 1: which could be again also, we're seeing a little bit
• 9:18
  Speaker 1: of a move on Avalanche today as we record this.
• 9:22
  Speaker 1: Let's go over to Euler Labs. This course is where
• 9:24
  Speaker 1: we'll get into institutions on lending and borrowing one hundred
• 9:27
  Speaker 1: million in deposits right now. This is let me kind
• 9:30
  Speaker 1: of zoom in on that for you guys. You can
• 9:31
  Speaker 1: kind of see it all that in just three days.
• 9:33
  Speaker 1: If you compare this and the roll up here, you
• 9:36
  Speaker 1: can kind of see Avalanche kind of zoom in on
• 9:38
  Speaker 1: that right there, number two already, so making a little
• 9:42
  Speaker 1: bit of a run in a period of time in
• 9:44
  Speaker 1: which we haven't seen massive growth in the market. So
• 9:48
  Speaker 1: a big statement I think here for Avalanche and where
• 9:52
  Speaker 1: this is going to play a A cloud announces this
• 9:54
  Speaker 1: is a big week for builders. We've got a multiple
• 9:56
  Speaker 1: of L one's going live all powered this week, so
• 9:59
  Speaker 1: we could see see again more surge on Avalanche and
• 10:03
  Speaker 1: obviously that means more revenue and more opportunity if you
• 10:07
  Speaker 1: look at the comparison though on just l one's look
• 10:10
  Speaker 1: at all these that are unlaunched right now, and yet
• 10:13
  Speaker 1: we're still seeing growth. But a lot of these have
• 10:16
  Speaker 1: not yet rolled out. If you take a look at
• 10:18
  Speaker 1: the current see chain gas costs. Let's go over and
• 10:21
  Speaker 1: zoom in on this section right here, So again this
• 10:24
  Speaker 1: is when ETNA rolled out. You can kind of see
• 10:26
  Speaker 1: right here. This is the kind of difference that we're
• 10:29
  Speaker 1: talking in terms of cost. It is an order of
• 10:32
  Speaker 1: magnitude much cheaper to operate.
• 10:35
  Speaker 4: Now.
• 10:35
  Speaker 1: This means that we could see a flow. This will
• 10:38
  Speaker 1: be beneficial for developers. There will also be beneficial for
• 10:40
  Speaker 1: adoption as well as institutional key here very low cost
• 10:45
  Speaker 1: to be able to transact. Other things that you get
• 10:47
  Speaker 1: to look at is developers now moving away from E
• 10:50
  Speaker 1: layer twos to avalanche. This begin back because of ETNA.
• 10:54
  Speaker 1: You're kind to see optimism starting to come down, avalanche
• 10:57
  Speaker 1: starting to move up. So there it is. That's the
• 11:00
  Speaker 1: whole point, is dev's and ideas and innovation now starting
• 11:05
  Speaker 1: to move onto avalanche. And I think finally ATNAS maybe
• 11:08
  Speaker 1: a little bit under maybe underestimated in terms of its
• 11:12
  Speaker 1: strength and what it means to I think blockchain in general.
• 11:17
  Speaker 1: Further out is Avax is at the verge of a
• 11:19
  Speaker 1: bullish reversal. If you look at the charts, this is
• 11:21
  Speaker 1: again where Avalanche has been trending down. And we'll show
• 11:24
  Speaker 1: you guys a little bit of the chart. We'll go
• 11:26
  Speaker 1: back to that in a second. But this might be
• 11:29
  Speaker 1: an opportunity for a breakout on Avalanche. If you look
• 11:32
  Speaker 1: at some of the analysts and what they're saying, this
• 11:34
  Speaker 1: is standard charter. They're saying Avalanche could possibly take a
• 11:38
  Speaker 1: surge to two hundred and fifty by twenty twenty nine.
• 11:40
  Speaker 1: Now he has I know a lot of people say
• 11:42
  Speaker 1: that's crazy. Two hundred and fifty dollars would be ridiculous, Paul,
• 11:45
  Speaker 1: especially if you're coming off of a twenty dollars avalanche
• 11:47
  Speaker 1: right now. A couple of points that they hit on
• 11:50
  Speaker 1: is the tariff noise. It gives us a chance to
• 11:52
  Speaker 1: reset and pick the winner. So again, the market right
• 11:55
  Speaker 1: now is in bit of a reset. If you're brand
• 11:57
  Speaker 1: new to crypto, you're actually getting a chance to come
• 12:00
  Speaker 1: in at times when we were before the big run
• 12:04
  Speaker 1: up back in the fall of last year's One other
• 12:06
  Speaker 1: point I want to hit at is this right here.
• 12:08
  Speaker 1: Remember this is standard charter, so this is one of
• 12:10
  Speaker 1: the biggest banks out there. As a result, we see
• 12:13
  Speaker 1: AVAX outperforming Bitcoin and Ethereum in terms of relative price gains.
• 12:17
  Speaker 1: This is basically a bank saying we think this is
• 12:20
  Speaker 1: the better asset. So a selection of Avalanche going into
• 12:24
  Speaker 1: and if you look at this chart, let me kind
• 12:25
  Speaker 1: of zoom off of that right there, guys, this is
• 12:28
  Speaker 1: the twenty twenty five where they think Avalanche is going
• 12:30
  Speaker 1: to go this year fifty five bucks. So basically you'd
• 12:33
  Speaker 1: have two and a half x off of where we're
• 12:34
  Speaker 1: playing right now, unless you've been investing in last week.
• 12:38
  Speaker 1: By next year one hundred dollars, so there'd be a
• 12:40
  Speaker 1: four x, and then twenty twenty seven all the way
• 12:43
  Speaker 1: into twenty twenty nine at two point fifty, that's over
• 12:46
  Speaker 1: a ten x on where we're going with Avalanche. And
• 12:50
  Speaker 1: again the key here is how does this rate in
• 12:52
  Speaker 1: comparison to other assets? And I think that is the
• 12:55
  Speaker 1: point that you guys have to look at it. All right,
• 12:57
  Speaker 1: So back to the charts real quick. We'll take a
• 12:59
  Speaker 1: look and just if you look at the goal of
• 13:01
  Speaker 1: the growth here from that wig down. Now, granted, not
• 13:04
  Speaker 1: everybody gets in on a purchase like that. But if
• 13:07
  Speaker 1: you were to where we're trading just a little bit
• 13:10
  Speaker 1: on the wick up over forty percent, so right now,
• 13:13
  Speaker 1: nice little trend here. But if you back this out
• 13:15
  Speaker 1: and look a little bit further, could we start to
• 13:18
  Speaker 1: see Avalanche hit into this range right here, anywhere in
• 13:21
  Speaker 1: the thirty dollars range upward. And of course, as you
• 13:25
  Speaker 1: guys remember the high on Avalanche right holding at around
• 13:28
  Speaker 1: sixty bucks. So a lot of opportunity here, guys for
• 13:31
  Speaker 1: where we could be on Avalanche in a very short
• 13:34
  Speaker 1: period of time. Let me know in the comments what
• 13:36
  Speaker 1: you guys are doing around the AVAX right now. Is
• 13:38
  Speaker 1: this a token you are re entering or possibly coming
• 13:41
  Speaker 1: into the first time? Just hit some comments down below,
• 13:43
  Speaker 1: make sure and jump into the diamond circle. It's our
• 13:45
  Speaker 1: own private group and catch me out there on X
• 13:48
  Speaker 1: at Paul Baron. We'll catch you next time right here
• 13:50
  Speaker 1: on tech Bath