Real Vision CEO Raoul Pal, former executive at Goldman Sachs, believes Solana (SOL) could be headed for a similar meteoric rise as Ethereum (ETH) experienced between 2018 and 2021. Looking at SOL as a case study, Pal notes a five-wave fall of 95% in its chart, mirroring the same pattern from when ETH had dropped from its all-time high of $4,742 in November 2021. At the time of writing, SOL is trading at $21.15 – up 4.70% in the last 24 hours.

Pal suggests the total addressable market of Ethereum is much larger than Bitcoin (BTC), noting that it is “a broader basis architectural protocol of which we can build more stuff on top of” while Bitcoin only has a singular purpose. Comparing these assets to the internet, Pal believes that Ethereum, just like it, could be worth more than gold. At time of writing, ETH is trading at $1,933 and is up almost 4% in the past 24 hours.

According to Pal, if SOL’s technicals and fundamentals spook, it could follow in Ethereum’s footsteps and make massive gains in the coming months. Cryptocurrency traders can use Pal’s insights to plan their future trades. However, investors should remember to always do their own research before entering any trade. No matter the insights from professionals, traders should ensure they are comfortable with their own investments. Raoul Pal, the Real Vision CEO and former Goldman Sachs executive, believes that Ethereum's competitor, Solana (SOL), could experience a similar growth trajectory in the coming months. Pal has take the time to examine the charts of SOL and ETH, noting that both had experienced a five-wave downturn before rising to their respective all-time highs. He has observed that the total addressable market of ETH is much higher than that of BTC, with it being able to build more stuff on top of it as opposed to the latter, and has argued it could be worth more than gold.

At the time of writing, SOL and ETH are trading at $21.15 and $1,933 respectively. SOL has had a 4.70% increase while ETH has a near 4% increase in the past 24 hours. Crypto traders and investors can use Pal's analysis to plan their future trades and investments. However, investors should always do their own research and make sure to be comfortable with their trading decisions.

Pal's prediction for SOL could be seen as optimistic, as the asset is yet to enter its potentially explosive growth phase. Despite this, he believes that whether SOL climbs or crashes, it will mirror Ethereum's performance from 2018 to 2021. This could hint at SOL's major potential, as ETH saw a 46x increase from its 2018 low to its 2021 high.

As the crypto space is still in its infancy, it only has more room to grow with time. Investors might want to pay close attention to Pal's prediction and to do their own research in order to maximize their trading and investment potential.



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