Real Vision founder: SOL is its second largest crypto holding, expected to replicate Ethereum's dramatic recovery from bear market to new highs

2023-08-14 13:24:44
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ChainCatcher news, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, stated that SOL is his second largest allocation in his cryptocurrency portfolio and is likely to repeat the dramatic recovery of Ethereum from a bear market to new highs a few years ago.

He said, "This is still my second largest position. I really like it. It reminds me of Ethereum (ETH) in 2018-2019. I think there is a lot of activity here. I believe [Solana founder Anatoly Yakovenko] has proven to be a better leader and thinker in this space, somewhat like Vitalik [Buterin]. Developer activity is outstanding, on-chain activity is great as well. The innovation is also excellent. Therefore, there is a probabilistic outcome that suggests it will perform well."

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