SOL - Crypto Market Analysis: Macro Guru Raoul Pal Forecasts Long Recession: 'Solana Will Massively Outperform Bitcoin' | Benzinga
Former Goldman Sachs executive macro guru Raoul Pal, on Wednesday, shared his optimistic outlook for the cryptocurrency market, referring to the current phase as “crypto spring” and anticipating an upcoming “macro spring.”
"We are in ‘crypto spring' right now, about to enter macro spring," he said.
What Happened: Speaking at Mainnet 2023, Pal expressed his belief that Ethereum (CRYPTO: ETH) is a faster-growing asset than Bitcoin (CRYPTO: BTC) over time, while also predicting that Solana (CRYPTO: SOL) will outperform BTC significantly.
"SOL will massively outperform BTC. The bulk of my investment are in ETH, then SOL, BTC, etc.," he said.
Pal revealed his investment strategy, stating that the majority of his investments are allocated to ETH, followed by SOL, BTC, and ...