Raoul Pal, a former Goldman Sachs executive, has named Solana (SOL) as one of his top altcoin picks and believes it could be the most promising project outside of Ethereum (ETH). Pal praises Solana co-founder Anatoly Yakovenko for his thought leadership and ability to build bridges within the crypto space.

He also notes that payments giant Visa's decision to build new stablecoin settlement capabilities on Solana is a positive sign for the project's future. Pal sees Solana as a safe bet for investors looking for the next altcoin with relative security and potential for growth.