Raoul Pal Holds Bitcoin, Solana and Ethereum, but Calls One Wildly Undervalued
BTC when published $81,612Now $80,577 ▼ −1.27% since it was published
Real Vision CEO Raoul Pal calls Ethereum wildly undervalued while still holding Bitcoin, Solana, and Sui, arguing that markets misprice blockchain networks during a podcast appearance. Still, the numbers behind his argument deserve a closer look before anyone follows his lead. Why Pal Says Ethereum Matters Most Under his stress test, Ethereum would go offline tomorrow. The outage, he says, would knock out 70% to 76% of stablecoins and a similar share of DeFi. Beyond that, most real-world assets, the digital art market and every Layer-2 network built on top would suffer too. Taken together, Pal estimates that damage would erase between 1 trillion and $1.5 trillion. The market has not priced that risk, he argues. “Now there is demand for Bitcoin as a collateral asset. We know that.
First reported by BeInCrypto. This page is a short excerpt; the full text is theirs.
