Raoul Pal, a former Goldman Sachs executive, sees Bitcoin and Ethereum as the leading players vying for dominance in the cryptocurrency sector.
Pal expressed in an interview with Bankless that his goal was to discover the next successful project similar to Solana (SOL), following its remarkable growth. He pointed out two primary candidates: building smart contracts on blockchains using the Move programming language, and leveraging cross-chain interoperability through Cosmos (ATOM).
LIVE NOW – Raoul Pal’s Bull Market Guide@RaoulGMI needs no introduction
Expect to understand debasement, how to navigate the different crypto seasons, and Raoul’s secular thesis 📜
He also gives a peak into his portfolio and shares some hot takes on the current state of AI…
— Bankless (@BanklessHQ) April 15, 2024
In the world of Move blockchain, SUI and APT take center stage as prominent projects. Meanwhile, Celestia (TIA), which is built using Cosmos SDK, is an emerging initiative that’s definitely worth keeping an eye on.
In Pal’s talk, he pointed out that Sui and Aptos are associated with the Move protocol. However, they each offer distinct features and applications beyond this shared function.
Following the launches of Sui and Aptos, Cosmos, along with Celestia and other competitors, have presented significant challenges. Avalanche (AVAX) could potentially join the fray, but currently, it appears to trail behind in terms of user adoption.
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2024-04-16 01:08