Real Vision CEO Raoul Pal thinks top Ethereum (ETH) competitors will experience huge increases.
Former Goldman Sachs executive, in a new interview with InvestAnswers, thinks smart contract platforms Solana (SOL) and Terra (LUNA) will outperform ETH in this cycle, despite 82% of its portfolio being in Ethereum told.
“Then why isn’t all my money there? Because I think there is little certainty. Network effects are less pronounced. Therefore, I need to make a smaller investment. But I don’t think ETH will stop rising. In the next 10 years the entire space will increase 100 times, so you can support many different cryptos and still make money. ”
ETH is up nearly 5% in the last 24 hours. The leading altcoin was trading at $ 4,715.95 at the time of writing.
Pal predicts that ETH will more than double in value in the coming weeks. He also states that the second-largest crypto-asset by market capitalization could skyrocket to $40,000 by summer, with “baseline” ETH reaching $20,000 by March at the latest.
