ADA, SOL, AVAX, LUNA will be a super boom this cycle, but with one condition

Macro expert Raoul Pal called Cardano (ADA), Solana (SOL), Avalanche (AVAX), and Terra (LUNA) will all be super explosive this bull cycle, but with one condition.

In a new interview, Pal believes Ethereum is likely to experience a bull cycle that will last until near June 2022, with a target price of $ 40,000.

If ETH sees parabolic growth, other top tier 1 crypto assets could also continue to explode.

“I think it will almost certainly be March, but maybe summer, prices will be higher and the cycle structure will be different from what you’ve seen before. I might be wrong. I’m not entirely betting on this situation. But that’s my opinion and if it’s true then other Layer 1s like Solana, Terra, Avalanche, Cardano and some others will be super explosive. “

Pal said that the bull run of altcoins ADA should be aware that they can be riskier than Ethereum.

“But on a risk / reward basis, they’re riskier. They are not a top network like Ethereum. From a risk-adjusted perspective, Ethereum is still the best bet in the world for me. “

Former Goldman Sachs CEO says the current crypto bull market could end if Ethereum starts threatening Bitcoin’s market cap. The market capitalization of Ethereum is currently $ 523.9 billion and Bitcoin is currently $ 1.14 trillion.

“My guess is that it is pretty close to Bitcoin’s market cap. I think the end result will be an ATH capitalization roughly twice that of Bitcoin. I don’t think the market fully expects that. But maybe this brief flippening moment will put an end to the cycle, when everyone is very happy, all Bitcoin fans are angry because Ethereum is superior, then there will be a major correction. “

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.