Ex-Goldman Sachs executive Raoul Pal believes that Ethereum (ETH) competitor Solana (SOL) could have a massive price explosion this cycle.
In a new interview on the Empire podcast, Pal predicts that Solana will put up somewhere around 900% gains in the coming months.
“The whole space goes up a lot [in the next 12 months]. I think Solana does maybe 10x from here, and Bitcoin does 5x or 4x from here. That kind of stuff, typical bull market.”
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Solana is trading at $154 at time of writing while Bitcoin (BTC) is priced at $61,963.
According to Pal, Bitcoin may peak this cycle between approximately $248,000 and $310,000.
Pal also says that he wouldn’t be surprised if another layer-1 project suddenly emerges as a top
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