Ethereum

Solana

Bitcoin

Raoul Pal, former CEO of Goldman Sachs and current CEO of Real Vision, has shared his positive outlook for Solana (SOL), considered a strong contender against <a href="https://en.coin-turk.com/top-cryptocurrency-bitcoin-faces-sales-pressure-a-warning-from-leading-analyst/" rel="noopener noreferrer nofollow">Ethereum</a> (<a href="https://en.coin-turk.com/ethereum-facing-tough-battle-amid-market-slump-and-rising-challengers/" rel="noopener noreferrer nofollow">ETH</a>).<h2 id="strong-former-goldman-sachs-ceo-on-solana-sol-strong">Former Goldman Sachs CEO on Solana (SOL)</h2>Pal believes that Solana could follow the trajectory of Ethereum, which saw a substantial rise following its low in 2018. During that period, Ethereum’s price increased approximately 47 times.<img class="aligncenter size-full wp-image-236084" src="https://coin-turk.com/wp-content/uploads/2023/07/Raoul-Pal.jpeg" alt="" width="1280" height="773">Pal stated that in a reasonable scenario, he expects Solana to see a surge of at least 20-fold from its current prices. “There is a potential, a dream scenario, for SOL to do the same thing Ethereum did from its low in 2018 when it increased 47-fold. Solana’s lowest price was $9, so the numbers could get very interesting with simple math. In my view, Solana could increase its value 20 times with current prices.”<h2 id="strong-bitcoin-s-btc-most-reasonable-bullish-scenario-2-or-3-fold-increase-strong">Bitcoin’s (BTC) Most Reasonable Bullish Scenario: 2 or 3-Fold Increase</h2>Raoul Pal also shared his predictions for the leading cryptocurrency, <a href="https://en.coin-turk.com/chain-metrics-suggest-the-end-of-the-bear-market-for-bitcoin-striking-data-revealed/" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC), stating that it could potentially increase two or three times from its all-time high. According to Pal, such a surge would be considered a modest increase, and such a bull run would be the least impressive in Bitcoin’s history.<blockquote>“Predicting where it will really go is extremely challenging, but what I can say is that it’s reasonable for BTC to increase two or three times from its all-time high. This doesn’t mean it’s too much to expect or want. If such an increase occurs, it will be the worst bull market in Bitcoin history.”“It’s probably going to triple from its all-time high. It’s currently around $30,000, so it would increase its value by six times with current prices. That’s pretty good. The upside is, maybe I’m completely wrong and there might be a total panic and it could be a much stronger rally. We don’t know what will happen in the US economy in 2025, what could drive prices.”</blockquote>The post <a href="https://en.coin-turk.com/former-goldman-sachs-ceo-predicts-massive-surge-for-altcoin-solana/" rel="noopener noreferrer nofollow">Former Goldman Sachs CEO Predicts Massive Surge for Altcoin Solana</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Former Goldman Sachs CEO Predicts Massive Surge for Altcoin Solana

Table of Contents

COINTURK NEWS

Other articles published on Jul 11, 2023

Major Cryptocurrency Firms Freeze Assets Linked to Multi-Million Dollar Blockchain Exploit

Crypto Analyst Predicts Lengthy Consolidation Period for Bitcoin

Outpost Season 14 - Commander Church 11/07/23 @ 00:00 UTC FOR 24HRS

Renowned Author Robert Kiyosaki Sets New Bitcoin Price Target at $120,000

Boxwind Allies With Exinity Group To Streamline Access To Digital Asset Markets

Cardano’s TVL May Boom in the Next Few Months: Analyst

Join our free newsletter for daily crypto updates!