Raoul Pal, a former Goldman Sachs executive, perceives two crypto ecosystems as frontrunners in contending for control of the cryptocurrency market.
Pal said in an interview with Bankless that his search was to find the “next Solana” just like the tremendous boom of Solana (SOL). He identified two main contenders: developing smart contracts on Move-based blockchains and utilizing cross-chain fungibility through Cosmos (ATOM).
Sui (SUI) and Aptos (APT) are the two headliners in the Move blockchain ecosystem, while Celestia (TIA) is a new Cosmos SDK-based project that’s worth the wait as well.
In his discussion, Pal mentioned that Sui and Aptos represent the Move protocol, but they have other unique functionalities and use cases.
After Sui and Aptos, Cosmos with Celestia and others provided quite strong competition. Avalanche (AVAX) may be a contender, but for now, it seems to be lagging in terms of adoption.
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