Raoul Pal says Ethereum is deeply undervalued, holds BTC, SOL and SUI
- —Pal estimates an Ethereum outage would cause $1–1.5 trillion in damage
- —Ethereum hosts 70–76% of stablecoins and a similar share of DeFi
- —Pal holds BTC, SOL and SUI, buying on drawdowns
- —He expects the crypto market to reach $10 trillion in 18–24 months
Why it matters: A prominent investor's call on ETH undervaluation could support holder sentiment amid a weak market.
Source: BeInCrypto AR