Ex-Goldman Sachs executive Raoul Pal says the altcoin market cap is on the verge of soaring to new all-time highs (ATHs).
In a new video update, the Real Vision CEO says that the digital assets market could enter “crypto summer” within a month, when Ethereum (ETH), Solana (SOL) and other alts could have massive rallies.
A “crypto summer” generally means increased prices, higher trading volume, bullish market sentiment, more network development and wider adoption.
“It’s very normal for crypto spring for Bitcoin to outperform and then as we come into crypto summer that we’re transitioning into now ETH starts to outperform Bitcoin…
Will it outperform Solana? I very much doubt it. Solana is earlier in the adoption curve so it means the percentage changes are larger.
You can see the start of crypto spring, which was the breakout of this pattern and the slight acceleration. That says we’re getting to warmer days of spring as it were. But really, summer happen
We współpracy z: https://dailyhodl.com/2024/04/25/ethereum-solana-and-altcoins-approaching-banana-zone-according-to-macro-guru-raoul-pal-heres-his-outlook/
