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Solana (SOL) could outperform Ethereum (ETH) in this bull cycle, but an altcoin could also outperform SOL, claims former Goldman Sachs executive and RealVision CEO Raul Paul.
Explaining that this altcoin is SUI, Paul said:
“I predict that ETH will start to outperform BTC for the remainder of the cycle, but will underperform SOL. However, I predict that SUI will move leftward.”
According to Paul, the reason why ETH will outperform BTC is because the crypto cycle will enter a ‘risk-taking phase’. Additionally, Paul suggests that the crypto industry will benefit from more reasonable regulation after Donald Trump wins the presidential election. The former Goldman Sachs executive said two key potential developments would come with the new regulations and summarized them as follows:
“First, utility tokens in decentralized finance (DeFi) will increase the value of the network by starting to share the returns or rewards offered by the protocol with users to which they are connected. Most of these tokens On Ethereum. Second, traditional finance (TradFi) seems poised to develop major use cases on the chain. ETH (and its Layer-2s) should be considered the Microsoft of Web3 Can of ETH Use does not put anyone out of business. These two factors alone can greatly increase the value of ETH. The return on ETH will enable the development of other financial products makes, such as guaranteed funds. “With better regulations, these activities will boom.”
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