Bitcoin, Ethereum or Solana? Raoul Pal Calls One 'Wildly Undervalued'
Raoul Pal calls Ethereum wildly undervalued, while backing Bitcoin, Solana, Sui and Zcash ahead of a liquidity shift.
Crypto · News reference
Ethereum price rose 2% as Morgan Stanley launched low-cost ETH and Solana ETFs with 0.14% fees and staking rewards.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Raoul Pal calls Ethereum wildly undervalued, while backing Bitcoin, Solana, Sui and Zcash ahead of a liquidity shift.
XRP may drop to $1.22 before recovering, with bullish targets of $3–$4 or $9–$13; Bitcoin and Ethereum could see further selloffs first.
Leading cryptocurrencies held on to their gains on Thursday, October 15. as the market digested back-to-back hot inflation readings and higher chances of rate hikes.
Bitcoin rebounds above $82K as Treasury yields retreat, while $929M in crypto liquidations and BTC/ETH ETF outflows weigh on markets.
SpaceX, valued at $2 trillion, operates across three segments: space launch services, Starlink connectivity, and AI infrastructure. Starlink generated $4.3B in Q2 revenue with 66% YoY growth, while the AI segment grew 247% YoY to $2.6B in revenue. Goldman Sachs and Morgan Stanley forecast SpaceX could reach $300B in annual revenue by 2030, potentially valuing the company at $5 trillion. An analyst predicts a $3,000 investment could grow to $7,500 by 2030, representing 150% appreciation.
JP Morgan analyst Kian Abouhossein maintains Morgan Stanley (NYSE:MS) with a Neutral and raises the price target from $195 to $198.