Solana Price Jumps 8% as Former Goldman Sachs Executive Backs it to Outperform Etheruem, as BTC20 Token Passes $2 Million

Over the past few days, Solana has experienced a wave of bullish events. This has sent the SOL price surging, up 7% in 24 hours, correcting a previous downturn.

Former Goldman Sachs CEO and current Real Vision CEO Raoul Pal predicts Solana will outperform Ethereum in the next market cycle.

In a new blog post, Pal said he is keeping a watchful eye on the SOL/ETH pair. The reason behind the prediction is that SOL has broken out of a descending channel, up 150% against ETH in the year-to-date.