Former Goldman Sachs CEO Raoul Pal confirmed his optimistic forecast for Ethereum in an interview for the InvestAnswers YouTube channel.
According to Raoul Pal, the second cryptocurrency could reach $20,000 by March next year.
He noted:
ETH could close this year near $15,000. I even see a small chance of growth to $40,000 by the summer. A number of signals indicate this. But I'm more inclined to forecast $20,000 by March."
He also said that the second cryptocurrency has enough competitors. For example, Solana (SOL) now resembles ETH in 2017 and has no chance of reaching $2000 in the current cycle, that is, growing 10 times.
Probably Solana and Terra will be able to overtake ETH, but at the same time ETH will not stop growing growth. I believe that the crypto space will expand 100 times in the next 10 years. Therefore, you can make money on many different coins.
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