Posted 4/15/2024, 7:55:37 PM
Ex-Goldman Sachs Exec: Move and Cosmos Blockchains Compete to Become Next Big Crypto Layer
- Ex-Goldman Sachs exec Raoul Pal says two crypto ecosystems are competing to be the next big layer-one
- The two ecosystems are blockchains using the Move programming language (like Sui and Aptos) and ones using Cosmos SDK (like Celestia)
- Pal thinks they are competing to see the same growth and adoption as Solana in the last bull market
- Pal notes Aptos, Sui, and Celestia as specific projects to watch in the layer-one adoption race
- Though Avalanche did well last cycle, Pal doesn't think it's seeing the same level of adoption momentum this time around