Raoul Pal is the CEO of Real Vision, and a former Goldman Sachs executive.SOLRival is entering “hyperspace” After breaking a critical resistance.
Pal informs his 1.1 Million followers on social media platform X, that one layer of blockchain (Sui) is layered.SUI() will see a surge in price after breaking its previous high at $5.
“SUI pressing its nose against the ceiling… after this, it should go into hyperspace.”
SUI is currently trading at $5.28.
Investor says that he is bullish about SOL as well, after looking at Solana. The investor shares a chart that suggests SOL broke out of the channel and flipped upper bounds from resistance to supports. It is now slowly creeping through psychological resistance.
“The long-term SOL chart is stupid bullish…”
SOL currently trades at $215.
Pal called on SUI earlier to be a “chosen one” In this cycle of the market, Solana is outrun.
Pal Pallonier was interviewed by Kevin Follonier for the podcast When Shift Happens. said He believed that SUI was the only project with a realistic chance of success.
“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 size.
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. After I saw this outperformance, I waited until I could confirm it.
At that point, I felt comfortable saying, ‘Listen, this may be the chosen one.'”
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