Former Goldman Sachs exec Raoul Pal predicts that two crypto subsectors will see crazy valuations during the upcoming “crypto summer.”
AI and Tokenized Real-World Assets
Pal believes altcoins related to artificial intelligence (AI) and tokenized real-world assets (RWA) will skyrocket. During crypto summer, prices and trading volume typically surge.
Ethereum and Solana to Outperform
Pal also expects Ethereum (ETH) to beat Bitcoin (BTC) in performance, and Solana (SOL) to outpace both.
Beware of Corrections
While Pal is optimistic about the crypto market, he warns of potential corrections due to excessive leverage.
Banana Zone Approaching
Pal has previously stated that crypto is nearing the “banana zone,” where prices rally rapidly towards new highs.
