{"id":22179,"date":"2023-07-10T19:08:15","date_gmt":"2023-07-10T19:08:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/raoul-pal-says-solana-sol-could-skyrocket-to-above-400\/"},"modified":"2023-07-10T19:08:15","modified_gmt":"2023-07-10T19:08:15","slug":"raoul-pal-says-solana-sol-could-skyrocket-to-above-400","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/raoul-pal-says-solana-sol-could-skyrocket-to-above-400\/","title":{"rendered":"Raoul Pal says Solana (SOL) could skyrocket to above $400"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661877527146-7105d252-d7c9-4fee-9fde-8dc4e59dde11-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661877527146-7105d252-d7c9-4fee-9fde-8dc4e59dde11-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661877527146-7105d252-d7c9-4fee-9fde-8dc4e59dde11-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661877527146-7105d252-d7c9-4fee-9fde-8dc4e59dde11-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Raoul Pal, CEO of Real Vision is super bullish on Solana (SOL).<\/li>\n<li dir=\"ltr\">According to Pal, SOL could rally 20x from current levels if it mirrors Ethereum\u2019s 47x move from its 2018 low.<\/li>\n<li dir=\"ltr\">He also says Bitcoin price could triple from its all-time high level amid a supply crunch in 2023.<\/li>\n<\/ul>\n<p dir=\"ltr\">Raoul Pal, the founder &amp; CEO of Real Vision suggests\u00a0<a href=\"https:\/\/coinjournal.net\/solana\/\"><u>Solana (SOL)<\/u><\/a> could embark on a massive price move. If the \u201cdream scenario\u201d for the world\u2019s 10th\u00a0largest cryptocurrency by market cap occurs, SOL could outperform both\u00a0<a href=\"https:\/\/coinjournal.net\/bitcoin\/\"><u>Bitcoin (BTC)<\/u><\/a> and Ethereum (ETH).<\/p>\n<p dir=\"ltr\">Pal shared his massively bullish outlook for Solana during a recent\u00a0<a href=\"https:\/\/youtu.be\/fINxauWFYtA\" rel=\"noopener noreferrer\" target=\"_blank\"><u>interview<\/u><\/a> in which he shared \u00a0views on varied topics. These \u00a0include AI and its impact on jobs, BlackRock\u2019s ETF filing and CEO Larry Fink\u2019s remarks about BTC.<\/p>\n<p dir=\"ltr\">He also aired his thoughts on the Ethereum\/Bitcoin flippening debate, central bank digital currencies (CBCDs), global economy and government money printing before briefly offering his\u00a0<a href=\"https:\/\/coinjournal.net\/solana\/price-prediction\/\"><u>price prediction Solana<\/u><\/a>. The macro guru also shared predictions for Bitcoin and Ethereum.<\/p>\n<h2 dir=\"ltr\">Solana price prediction<\/h2>\n<p dir=\"ltr\">On what he thought of the price performance of BTC, ETH and SOL in the next bull cycle, Pal shared a highly bullish projection for Ethereum\u2019s \u201ccompetitor.\u201d<\/p>\n<p dir=\"ltr\">Currently, Solana trades around $21, about 1.4% down in the past 24 hours.\u00a0<\/p>\n<p dir=\"ltr\">However, the cryptocurrency is more than 10% in the green over the past seven days and 43% in the past 30 days. While it\u2019s also down 43% from its value a year ago, Pal noted that the bottom might have come when prices fell to around $9 in December 2022.<\/p>\n<p dir=\"ltr\">With this outlook, Pal suggests SOL could do what ETH achieved after bottoming in 2018 \u2013 roaring to its all-time high above $4,800 during the last bull market. The macro guru says that if Solana takes on this projection, the potential gains could be staggering.<\/p>\n<p dir=\"ltr\">He compared the 47x that ETH saw after the 2018 low to what Solana could do. He opined:<\/p>\n<p dir=\"ltr\">\u201c<em>Look\u2026 there\u2019s a possibility \u2013 a dream scenario \u2013 that Solana does what ETH did from the 2018 low which was a 47x. The Solana low was nine bucks, so you could do the maths [and] the numbers are potentially very interesting<\/em>.\u201d<\/p>\n<p dir=\"ltr\">While Solana\u2019s price might not do the 47x or so that Ethereum price managed since its bottom in 2018, Pal predicts a \u201c20 something x\u201d move. According to him, this is a reasonable outlook for a protocol that\u2019s battle-tested and is seeing a huge spike in network and ecosystem activity.<\/p>\n<p dir=\"ltr\">Should Pal\u2019s bullish outlook for SOL price hold, it would mean an eventual burst to prices above $400 for the cryptocurrency. In the last bull market, Solana rose to the all-time high at $260.<\/p>\n<h2 dir=\"ltr\">Bitcoin and Ethereum price predictions<\/h2>\n<p dir=\"ltr\">For BTC and ETH, Pal agreed with projections of a 3x and 5x respectively \u2013 suggesting Bitcoin could more than triple its value during the next bull cycle. However, that is from the all-time highs that was $69,000 in November 2021.\u00a0<\/p>\n<p dir=\"ltr\">Trippling from that ATH would mean a 6x from current prices, he opined. But that would depend on severa factors that could dictate market direction.<\/p>\n<p dir=\"ltr\">\u201c<em>It\u2019s very difficult to predict where it actually goes, but what we can say is [that] it\u2019s reasonable that Bitcoin from all-time highs doubles or triples. That\u2019s not asking a lot. That will be the worst bull market in Bitcoin\u2019s history.<\/em>\u201d<\/p>\n<p dir=\"ltr\">According to him, a potential supply crunch in 2023 is what could squeeze Bitcoin to a new all-time high.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/raoul-pal-shares-massive-price-prediction-for-solana\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Raoul Pal, CEO of Real Vision is super bullish on Solana (SOL). According to Pal, SOL could rally 20x from current levels if it mirrors Ethereum\u2019s 47x move from its 2018 low. He also says Bitcoin price could triple from its all-time high [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22179"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22179"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22180"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}