Former Goldman Sachs Executive Raoul Pal Predicts Solana Could Skyrocket by Over 600%, Becoming a Top Ethereum Competitor
Raoul Pal, a former Goldman Sachs executive, has expressed optimism about the potential of Solana (SOL), a large-cap Ethereum rival. In an interview with Anthony Scaramucci, Pal predicted that by the end of the current cycle, SOL could reach a price of over $1,000, representing a potential gain of at least 604%. However, Pal does not believe that SOL will surpass Ethereum in terms of market capitalization. He believes that the two blockchains are optimized for different market segments, with Ethereum being more secure and suitable for the finance industry, while Solana is better suited for retail and fast-moving applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Donald Trump Meme Coins Plunge After Presidential Debate As Kamala Harris Odds Gain On Polymarket
![](https://img.bitgetimg.com/multiLang/image/social/57f16d707da6410c0f58e8b8dd487ad11726055309323.png)
Brazilian bank suspends native crypto token trading following 97% price drop
A Rare Situation Happened in Bitcoin: A Lucky Bird Landed on a Bitcoin Miner!
A single Bitcoin miner successfully mined block number 860749 and earned a reward of $181,000.
Marinade Welcomes Hadley Stern as CCO to Elevate Solana Staking Experience
![](https://img.bitgetimg.com/multiLang/image/social/7df6bf49d81a57410e5f9210b32a5ce11726053729471.webp)