• 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

a year 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

XRP Price Shows Potential for Breakout Amid Liquidity Imbalance

chest

Analysts indicate that XRP is poised for a significant price movement due to a growing liquidity imbalance.

user avatarRajesh Kumar

XRP's Role in Enhancing Liquidity and Market Efficiency

chest

XRP is being utilized as a bridge currency to enhance liquidity and market efficiency in the financial ecosystem.

user avatarLucas Weissmann

Insights on Bitcoin's Price Bottom from Long-Term Holder Metrics

chest

Insights on Bitcoin's price bottom using Long-Term Holder metrics, indicating potential capitulation phases.

user avatarFilippo Romano

Cardano Advances Ecosystem Upgrades Amidst Market Challenges

chest

Cardano is launching USDCx and integrating LayerZero to enhance its DeFi ecosystem despite market pressures.

user avatarEmily Carter

Cardano ADA Faces Market Challenges Amidst Development Activity

chest

This year has been challenging for Cardano ADA investors as weakening retail participation collides with renewed development activity and aggressive accumulation by large holders.

user avatarTomas Novak

Analysts Warn of Potential Strain on Digital Asset Treasuries by 2026

chest

Analysts warn that by 2026, companies holding large amounts of digital assets may need to sell part of their holdings due to falling prices and debt obligations.

user avatarKaterina Papadopoulou

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.