Former Goldman Sachs Executive Raoul Pal Predicts Solana Could Skyrocket by Over 600%, Becoming a Top Ethereum Competitor

Raoul Pal, a former Goldman Sachs executive, has expressed optimism about the potential of Solana (SOL), a large-cap Ethereum rival. In an interview with Anthony Scaramucci, Pal predicted that by the end of the current cycle, SOL could reach a price of over $1,000, representing a potential gain of at least 604%. However, Pal does not believe that SOL will surpass Ethereum in terms of market capitalization. He believes that the two blockchains are optimized for different market segments, with Ethereum being more secure and suitable for the finance industry, while Solana is better suited for retail and fast-moving applications.