One Altcoin Will Outrun Both Ethereum and Solana This Cycle, According to Macro Guru Raoul Pal
Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better. According to Pal, one top-20 altcoin by market cap and a relatively new entrant in the layer-1 sector is likely to outperform not just Solana and Ethereum but also Bitcoin (BTC). “My view is that ETH begins to outpace BTC for the rest of the cycle but underperforms SOL and SOL underperforms SUI as SUI is in the ultimate performance stage of adoption – early > proven.” Sui (SUI) is trading at $2.32 at time of writing, up by around 17% over the past week. Bitcoin, Ethereum and Solana are trading at $76,304, $2,949 and $205, respectively – up by 9%, 16% and 21%, respectively, over the past week. Pal says that Ethereum’s outperformance relative to Bitcoin will be driven partly by the fact that the crypto cycle has entered the risk-taking phase. The macro guru further says th...