Famous financial analyst and cryptocurrency enthusiast Raoul Pal shared his predictions for the future of many major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in a recent interview.
Pal began his remarks by admitting the risk and uncertainty inherent in making such predictions. “I love making these predictions because people like you and me are scratching their heads about it and wondering why it's not coming true,” he said.
For Bitcoin, Pal predicts BTC will complete its current cycle near $250,000. He believes the dynamics of the ETF and other factors could potentially push the price higher.
Turning to Ethereum, Pal predicts the future value of ETH to be between $15,000 and $20,000. He predicts that the launch of an Ethereum ETF will stimulate market activity and push the price higher.
As for Solana, Pal predicts a significant increase in prices, with the SOL price ranging from $750 to $1,000. He attributes this potential growth to Solana being a faster smart contract network with a smaller adoption base, which allows it to move faster. “Yes, I think it will perform relatively better,” he continues.
Pal also disclosed his personal holdings in the crypto market, saying:
“Obviously I support my good friend Anatoly (Solana founder) and I'm a big SOL owner. A lot.”
*This is not investment advice.
