• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Raoul Pal: Successful Growth of Sui and Attention to Solana

user avatar

by Giorgi Kostiuk

10 months ago

Raoul Pal, CEO of Real Vision, shared forecasts regarding the growth of the Sui blockchain and its competition with Solana.

What Does Sui's Breakout Mean?

In a recent statement, Raoul Pal noted that the Sui blockchain, being a layer one platform, surpassed its all-time high and reached the critical $5 threshold. He believes this event is a harbinger of significant price increases in the near future.

SUI is pushing its nose to the ceiling... It needs to enter a super bullish phase from here.

Will Solana Keep Up with Sui?

Pal also expressed a positive outlook on Solana, noting its breakout from a trading channel that has now become a support level. The chart indicates that SOL is strengthening against its historical highs.

The long-term SOL chart looks very bullish.

Outlook for Investors

Sui has surpassed the $5 mark, indicating strong market interest. Pal believes Sui could surpass Solana in the current market cycle. However, investors should consider the risks associated with Sui despite its potential.

Raoul Pal's forecasts highlight that Sui and Solana are in the market spotlight, offering new investment opportunities for traders. Both assets continue to evolve and impact market dynamics.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Goldman Sachs Estimates 50,000 Decline in US Nonfarm Payrolls

chest

Goldman Sachs estimates a decline of 50,000 in US nonfarm payrolls for October, raising concerns about the labor market's strength.

user avatarAisha Farooq

Harvest Now, Decrypt Later Attacks Present Serious Risks

chest

The strategy of harvesting encrypted data for future decryption poses a significant threat to data security.

user avatarBayarjavkhlan Ganbaatar

UAE Completes First Government Transaction Using Digital Dirham

chest

The UAE executed its inaugural government transaction using the Digital Dirham, marking a significant step in its digital economy.

user avatarTenzin Dorje

Avalanche Prepares for Significant Granite Upgrade

chest

Avalanche is preparing to roll out its Granite upgrade in November 2025, which will introduce performance improvements and optimizations aimed at enhancing validator coordination and subnet efficiency.

user avatarElias Mukuru

Zcash's Shielded Pool Surpasses 30% of Circulating Supply

chest

Zcash's shielded pool has surpassed 30% of its circulating supply, driven by institutional interest and technological advancements.

user avatarMohamed Farouk

No Immediate Market Impact from Acquisition Termination

chest

The cancellation of the acquisition has not caused any immediate market disruptions or liquidity impacts.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.