According to his observations, the Total3 index, which measures the market capitalization of all cryptocurrencies excluding BTC and ETH, is “ready for liftoff.”
Let's talk about the Crypto Waiting Room... many key part of the crypto ecosystem are in the waiting room ready to launch. Let's look at a few (you will have yours too...)
— Raoul Pal (@RaoulGMI) August 29, 2025
Total3 - Ex- BTC and ETH...ready to launch from the waiting room. 1/ ... pic.twitter.com/z96CJXtcJl
The OTHER index — covering digital assets outside the top 10 by market cap — is still in “waiting mode,” the expert clarified.

Pal highlighted several specific coins:
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ETH — already entered the rally stage;
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SOL — expected to be the next to leave the “waiting room”;
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SUI — likely to follow Solana;
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DOGE — will “fire” along with OTHER;
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XRP — in the process of “launching.”
“People need to learn patience. The path is clear, but never expect a perfect outcome. Order matters,” Pal added.
He emphasized that the pace of change in the global liquidity indicator will only accelerate, since the US, EU, China, and Japan will need to refinance their debts.

“It’s an absurdly optimistic backdrop, along with changes in government regulation, DAT, the accumulation of government bonds, and Wall Street adoption,” Pal believes.
Earlier, FORECK.INFO noted that Ethereum’s ability to hold key support levels would be crucial in shaping its path toward the $5,000 resistance.