Raoul Pal forecast: Solana (Sol) could rise by twenty times and ETH

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Von: Krypto News Österreich

Der erfahrene Investor Raoul Pal hat kürzlich seine stark optimistische Sicht auf den bevorstehenden Preisanstieg von Solana (SOL) geäußert. Während seines jüngsten Interviews mit InvestAnswers sagte Pal, dass Solana weitgehend in die Fußstapfen von Ethereum treten könnte, nachdem ETH im Jahr 2018 einen Tiefpunkt erreicht hatte. Damals stieg der ETH-Preis um das sagenhafte 47-fache. Pal sagt, dass SOL, selbst wenn es die Leistung von Ethereum nicht erreichen kann, mindestens um das Zwanzigfache ansteigen könnte. Er fügte hinzu: “Es besteht […] die Möglichkeit eines Traumszenarios, in dem Solana das tut, was ETH seit dem Tiefststand von 2018 getan hat, der bei …
The experienced investor Raoul Pal recently expressed his strongly optimistic view of the upcoming price increase in Solana (Sol). During his latest interview with Investanswers, Pal said that Solana could largely follow Ethereum's footsteps after ETH reached a low in 2018. At that time, the ETH Prize rose around the fabulous 47 times. Pal says that, even if it cannot achieve Ethereum's performance, at least twenty times could increase. He added: “There is […] the possibility of a dream scenario in which Solana does what ETH has done since the low of 2018, who has ... (Symbolbild/KNAT)

The experienced investor Raoul Pal recently expressed its strongly optimistic view of the upcoming price increase in Solana (Sol). During his latest interview with Investanswers, Pal said that Solana could largely follow in Ethereum's footsteps after ETH reached a low in 2018.

At that time the ETH price rose by the fabulous 47 times. Pal says that, even if it cannot achieve Ethereum's performance, at least twenty times could increase.

he added:

“There is […] the possibility of a dream scenario in which Solana does what ETH has done since the low of 2018, which was 47. And so the Solana deep was $ 9. So you can calculate, the numbers may be very interesting-that it will be about 20 x for Solana from here."

PAL believes that this estimate- given the well-established protocol and the remarkable growth of network and ecosystem activity- is not far from.

If Pals proves to be positive, the price of Sol could possibly exceed $ 400 in the future. This would mean a significant increase compared to the previous maximum value of $ 259.96, which was achieved in the previous bull market.

Solana lists strong tributaries

Last week, the so-called Ethereum killer Solana (Sol) led the rally of the Altcoin market with an increase of 14 %, while other top ten cryptocurrencies delivered flat returns.

At the time of printing, Solana (SOL) is traded with a daily increase of 6.88 % at a price of $ 22.19 and a market capitalization of $ 8.9 billion. The current purchase pressure at Solana influences SOL price development and is conveniently above the level of support of $ 20.

There is no specific trigger for the current SOL price increase. But there are a few things to consider. A remarkable example is the partnership between Coca-Cola in Serbia and the Solana NFT platform Solsea. They have joined together to not offer funny tokens (NFTS) during a music event.

These positive developments and the optimistic view of investor Raoul Pal suggests that Solana (Sol) could have a significant increase in price in the near future. It remains to be seen how the market will develop and whether Pals will be forecast. But there is undoubtedly the reason for attention and interest in Solana and its promising future grows continuously.