Solana is likely the Ethereum of this cycle, claims Raoul Pal

Solana has been the best performing crypto asset in the world, rising through the bearish trend and establishing dominance. Observing Solana’s great success, Raoul Pal claims that Solana has the potential to establish dominance as Ethereum did in the 2017 bull run. This statement might be bold, but Solana has certainly displayed extraordinary performance this year.

BitBoy Crypto is one of the most famous YouTubers, and plenty of people look up to him for crypto-related advice. In a recent interview with the YouTube star, Raoul Paul mentioned that SOL is the next Ethereum for the current cryptocurrency market.

Raoul Pal is the founder of Global Macro Investor and Real Vision; Raoul Pal has seen many ups and downs in the crypto world. In the interview, Raoul described the key factors behind Solana’s growth and what is the future potential of the blockchain project.

Solana adoption pace is astonishing

According to Raoul Pal, the adoption rate for Solana is increasing like crazy. He further adds that it is obvious that Solana will certainly outperform Cardano, the third biggest cryptocurrency, in the near future. This is quite a bold remark that the founder of Real Vision made in his interview.

Speaking on the matter, Raoul Pal said:

“I’ve been looking at it. [I] wasn’t sure what to do with, it and then I think it’s the ETH of this cycle. Remember ETH was the one that became the big new thing? I think it’s this because of the pedigree of all the people involved in it, the speed of adoption is ridiculous. I mean, it’s growing faster than ETH did at that cycle.”

Raoul Pal further explained that he already has a list of hundreds of people and developers working on Solana. Solana is a smart contract platform that Pal feels will outperform Cardano at the end of this cycle. Pal adds that what people expected Cardano to do, was actually done by SOL.