Solana Price target for the upcoming bullrun

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This Is a Fair Solana (SOL) Price Target for the Upcoming Bull Run Raoul Pal, an ex-executive of Goldman Sachs, is reportedly outlining a fair price for rival cryptocurrency Solana (SOL), which is Ethereum (ETH), for the upcoming bull run.

The former Goldman Sachs executive claims in a recent interview on the Crypto Banter YouTube channel that the smart contract platform may potentially see a sharp increase in value during the next market expansion, rising between 1,097% and 2,294% from current levels.

"It was trading at $20 when I first started looking at this, so the figures have shifted significantly. Since then, we've already increased significantly, so each time you increase significantly, these figures decrease by half. My estimate is between $500 and $1,000, depending on the mood of that particular market.

As of this writing, Solana is trading for $41.76, up 7.3% from the previous day and a whopping 300% from the beginning of 2023.

Pal continues by concurring with presenter Ran Nuener's prediction that Bitcoin (BTC) will lead the next cryptocurrency market cycle, with ETH, the platform for smart contracts, coming in second, and Solana in third.

Pal says he's not sure which digital asset will rise to prominence and that he could be "blindsided" by it.

"It's true that I [have the same order] as well, which clearly indicates that we're going to be taken aback by something else intriguing that we overlooked. What is going to be the Solana of this cycle? I'm not competent enough to choose those.

It's just so much simpler with a macro bet like [Solana] because it's so clear-cut. It weathered the catastrophe. It got going. Technology is rapidly advancing. The neighborhood is nice. The story about Solana alone is compelling.

Thanks for your time ☺️!