Raoul Pal: Solana could surpass Bitcoin and Ethereum, price could increase 20 times

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Solana (SOL) könnte laut dem CEO von Real Vision, Raoul Pal, eine massive Preisbewegung erleben und Bitcoin (BTC) sowie Ethereum (ETH) übertreffen. In einem Interview äußerte Pal seine äußerst optimistischen Aussichten für die zehntgrößte Kryptowährung nach Marktkapitalisierung. Pal prognostizierte, dass sich der Preis von SOL um das 20-fache gegenüber dem aktuellen Niveau erholen könnte, ähnlich wie bei der Preisbewegung von Ethereum nach seinem Tiefstand von 2018. Er verglich das Potenzial von SOL mit dem 47-fachen Gewinn, den ETH in der Vergangenheit verzeichnet hatte. Derzeit wird Solana bei rund 21 US-Dollar gehandelt, was einem Rückgang von etwa 1,4 % in den …
According to the CEO of Real Vision, Raoul Pal, Solana (Sol) could experience a massive price movement and surpass Bitcoin (BTC) and Ethereum (ETH). In an interview, Pal expressed its extremely optimistic prospects for the tenth largest cryptocurrency after market capitalization. Pal predicted that the price of Sol could recover 20 times the current level, similar to the prize movement of Ethereum after its low-ranking 2018. Solana is currently being traded at around $ 21, which in the ... (Symbolbild/KNAT)

Solana (SOL) could experience a massive price movement and Bitcoin (BTC) and Ethereum (ETH), according to the CEO of Real Vision, Raoul Pal. In an interview, Pal expressed its extremely optimistic prospects for the tenth largest cryptocurrency after market capitalization.

PAL predicted that the price of SOL could recover 20 times the current level, similar to the prize movement of Ethereum after its low-ranking 2018. Solana is currently being traded at around $ 21, which corresponds to a decline of around 1.4 % in the last 24 hours.

Despite the decline in recent years, PAL noticed that the low may have been reached when the prices of Solana fell to around $ 9 in December 2022. If PALs arrive optimistic forecasts, the price from Sol could increase to over $ 400, which means that Solana would outperform its all-time high of $ 260.

In addition, PAL agreed to the forecasts that the Bitcoin price in the next bull cycle could triple and Ethereum could increase its value by five times. However, these forecasts are based on the starting points of the current all-time highs, which were $ 69,000 for Bitcoin in November 2021.

PAL also emphasized that possible price movements from Bitcoin and Ethereum could depend on various factors that determine the market direction. However, he pointed out that a possible shortage of offer in 2023 could lead to a new all -time high for Bitcoin.

Overall, Pal shows a very optimistic attitude towards Solana and expects a strong price movement. It remains to be seen whether his forecasts arrive and Solana can actually surpass both Bitcoin and Ethereum.

See also: Coinbase triggers massive price increases for seven old coins after it suddenly started a crypto listing spree