Ex-Goldman Sachs CEO Predicts 10x for Solana (SOL), Says ‘Really Good Trade’ Is Coming

Ex-Goldman Sachs government Raoul Pal believes Ethereum (ETH) competitor Solana (SOL) may have a worth growth this cycle.

In a brand new interview on the Empire podcast, Pal predicts that Solana will publish a achieve of roughly 900% within the coming months.

“The entire area goes up loads [in the next 12 months]. I believe Solana may do 10x from right here, and Bitcoin 5x or 4x from right here. That sort of factor, a typical bull market.”

Solana is buying and selling at $154 on the time of writing, whereas Bitcoin (BTC) is priced at $61,963.

In line with Pal, Bitcoin may peak between round $248,000 and $310,000 this cycle.

Pal additionally says he would not be shocked if one other tier-1 challenge instantly emerges as a high participant out there.

“The most important factor I am beginning to consider is that there is all the time a layer 1 race, and that is early on, when you do not have confirmed community results. That wager is definitely an excellent wager. It is not one thing you go all in on. However that wager was the Solana wager from final cycle, the ETH wager from final cycle…

So I am fascinated with it, as a result of I believe there is a actually good commerce coming, and it is a whole lot of enjoyable, but it surely comes in a short time, and it often will get overvalued after which drops 95%.

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