Raoul Pal Predicts That Solana (SOL) And Terra (LUNA) Will Outperform ETH

According to Raoul Pal, the CEO of Real Vision his top Ethereum (ETH) competitors Solana (SOL) and Terra (LUNA) will outperform the leading smart contract platform in this bull cycle.

The ex-Goldman Sachs executive said in a recent interview with InvestAnswers that despite 82% of his portfolio is in Ethereum, he firmly believes the smart contract platforms Solana (SOL) and Terra (LUNA) will outperform ETH this cycle.

“So why don’t I have all my money in those? Because I have less certainty because the network effects are less pronounced. So, therefore, I have to have a smaller bet.

But I don’t think ETH stops going up. The whole space is going up 100x over the next 10 years, so you can back a lot of different horses and still make money.”

According to the macro guru crypto markets will see a big price hike going closet to the end of the year, which leads into a sell-off.

“We’ll probably start to see a sell-off in early January or late December because people are expecting something, and I think it will be wholeheartedly wrong because I see nothing but a wall of money coming in January/February/March.”

At the time of writing, ETH is trading at $4,574, up more than 5.6% on the weekly chart.

The analyst believes that ETH more than doubles in value in the coming weeks and ends the year 2021 closer to $15,000 than $10,000. He also says the second-largest crypto asset by market cap could potentially skyrocket all the way to $40,000 by the summer, and he notes that his “base case” is ETH hitting $20,000 by March at the latest.

At the time of writing, SOL is trading at $229, up more than 8.4% on the daily chart. LUNA is currently trading at $63, up close to 10% on the daily chart.