This Ethereum Challenger Will Be the Next Horse in the Cycle, According to Macro Guru Raoul Pal

This Ethereum Challenger Will Be the Next Horse in the Cycle, According to Macro Guru Raoul Pal


Real Vision chief executive Raoul Pal thinks one smart contract platform stands out in the race to compete with Ethereum (ETH).

Pal says in a new interview with Hedgeye CEO Keith McCullough that Solana (SOL) has “provable” network effects. He notes that SOL’s chart is a “perfect match” against ETH’s 2017 chart.

“It’s being used all over the place because it’s cheaper and faster than Ethereum… But it’s more centralized.”

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SOL is trading at $223.52 at time of writing and is up more than 4% in the past day.

Pal says the smart contract platforms Avalance (AVAX) and Terra (LUNA) also have provable network effects, though he argues that those projects aren’t as far along as Solana.

AVAX is trading at $128.84 at time of

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