Goldman Sachs is a prestigious and popular investment bank with a history dating back to the 1860s. It is a good company for your resume. It is expected that someone who has served as an executive here would have more exciting comments on cryptocurrencies. Raoul Pal frequently makes predictions about cryptocurrencies to meet the needs of crypto investors.
Famous Investor’s Prediction on Solana
Raoul Pal is one of the actors who provides the excitement that the crypto community needs. Despite his advancing age, he devotes his breath to talking about cryptocurrencies. The problem is that even though he is a former Goldman Sachs executive, he can make much more positive statements about the cryptocurrencies in which you invest. How much SOL Coin does Pal hold? He did not disclose this, but he definitely holds enough to warrant discussion. Therefore, you should know that these comments belong more to a SOL Coin investor than to a former executive of one of the world’s oldest investment banks.
Now that we have dampened the spirits of SOL Coin investors, let’s continue. In a recent interview, Raoul Pal believes that the smart contract platform could rise between 1,097% and 2,294% in the next bull season.
“The numbers have changed dramatically since I started looking into this, as it was trading at $20. My opinion is somewhere between $500 and $1,000, depending on how the market feels.”
Solana was trading at $41, with a 7.3% increase in the last 24 hours and over 300% increase since the beginning of 2023.
Top 3 Cryptocurrencies
Pal agrees with host Ran Nuener’s idea that the top cryptocurrencies in the next crypto bull cycle will be BTC, ETH, and SOL Coin, respectively. However, this is a highly ambitious prediction, as APTOS, SUI, Avalanche, and many other competitors are also dreaming the same thing. Moreover, Solana’s TVL is not increasing as fast as its price. A significant portion of applications on the network are moving to rival networks, among many other issues.
But Pal said:
“Actually, I have the same ranking, which means we are likely to be caught off guard by an interesting factor we haven’t thought of. What will happen to Solana in this cycle (will it really be Solana)? I’m not good enough to pick them.”
It survived a crisis. It was launched. The technology is advancing significantly. The community is in good shape. The narrative around Solana is good.”
