Raoul Pal is a macro guru who says he will bet on the altcoin he believes can outrun Solana.SOLThe current crypto-market cycle.
Kevin Follonier, a former Goldman Sachs executive, says in a podcast interview that Solana’s ecosystem and Solana itself look very healthy. “relatively safe” Place to store capital in anticipation of a bull market for digital assets.
However, Pal says layer-1 blockchain Sui (SUISOL is showing signs of being ready to be outrun.
“I’m sure [Solana] This chain will be a great success. I can only see positive vibes and success. The question is, is whether the ‘next chosen one’ outperforms it so significantly that you’re forced to take that trade, which is much riskier. It’s not a bet I ask my clients to make in full.
For me, it’s SUI, and it’s not because I’m on the foundation, but it’s because – I could’ve been talking about this forever because I was on the foundation but I didn’t. Then I waited for the confirmation of price movement, which was this general outperformance against Solana, ETH and Bitcoin.
At that point, I felt comfortable saying, ‘Listen, this may be the chosen one.'”
Sui was built with the Move language. This programming tool had been created originally by Meta, a tech giant for their now defunct crypto-project. Pal, who is a Sui developer, says that the history of the company and its experienced team convinced him to support the project. He believed that SUI had a good chance to succeed.
SUI currently trades at $3.84 and is up by almost 100% in the last month.
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