Legendary Trader Raoul Pal Makes Rare Ethereum vs. Solana Comparison

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Legendary Trader Raoul Pal Makes Rare Ethereum vs. Solana Comparison
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Leg­endary cryp­to trad­er and investor Raoul Pal has wad­ed into the suprema­cy debate between the two promi­nent proof-of-stake (PoS) Layer‑1 net­works Ethereum (ETH) and Solana (SOL). Accord­ing to Pal, the use of Solana comes with a whole dif­fer­ent feel that makes it a top con­tender as a rel­a­tive­ly more user-friend­ly option.

He said once some­one starts using Solana, it “feels super fast, slick, invit­ing and easy for the user.” The acco­lade on Solana under­scores the gen­er­al per­cep­tion most indus­try lead­ers have of the top coin, espe­cial­ly as it has been able to pull off a major come­back in its price action post-FTX implosion.

Raoul Pal is known for his com­men­tary in the indus­try with a basis root­ed deep in on-chain ana­lyt­ics; how­ev­er, choos­ing to com­ment on the com­bat between Ethereum and Solana on pure fun­da­men­tals is con­sid­ered a rare move.

In his analy­sis, Pal com­pares Ethereum to the Apple of the blockchain world while he con­sid­ers Ethereum to be the Android. The con­no­ta­tions are clear as Solana wins the fight for per­for­mance based on its speed, while Ethereum’s mas­sive hoard of host­ed decen­tral­ized appli­ca­tions (dApps) makes its Android com­par­i­son a well-suit­ed description.

Solana and Ethereum have thriving ecosystems

Almost every­thing Ethereum can do, Solana can do as well. It appears that Raoul Pal has broad use of some of Solana’s appli­ca­tions, as he attest­ed to the inge­nious designs of Phan­tom Wal­let, the most pop­u­lar unhost­ed Solana wal­let. This he con­firmed when an X user asked to know what his feed­back is for Phan­tom Wal­let and in his response, he said:

Absolute­ly love it. Super easy.

Solana has impressed its hold­ers in a remark­able way, with Raoul Pal con­firm­ing he has been bull­ish all year. The coin soared to its 2023 high ear­li­er this month as it wig­gles away from the impacts of the con­tin­u­ous sell-off from FTX, the bank­rupt exchange that sought ways to free up funds to pay its investors and creditors.



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