Former Goldman Sachs CEO Raoul Pal predicts Solana will lead the market bull run.
Many analysts believe that Solana ETFs should be on the market due to its strong ecosystem and high trading power.
In a YouTube video, Raoul Pal shared that Solana and cryptocurrencies are entering a long-term growth phase that he calls the “banana zone,” announcing his prediction that Solana will leading the bull run of the market.
According to the analyst, the long-term growth phase will push Solana price to new highs and into the top three.
Pal predicts that Solana will play a key role in taking the crypto market out of the current recession and into a new bull phase.
“When does banana zone happen?
I think it’s going to happen and I think Solana will lead the way.
Like I said, you have to be patient. These things don’t come right away, but when they do, they can be life-changing.”
According to Pal, the market value of altcoins can increased 10 times in the current market cycle.
Raoul Pal once again stressed his optimism about SOL, stating that he had allocate a significant portion of your portfolio to cryptocurrencies mine for Solana.
Immediately after the SEC approved an Ethereum spot ETF, the market started looking for the next blockchain that could receive ETF approval. So far, VanEck and ARK 21Shares filed with the SEC for a Solana Spot ETF.
Solana (SOL) Soars 800% This Year, Outpacing Bitcoin and Ethereum
