Former Goldman Sach’s manager Raoul Pal says a Solana (Solar) Competitor is his “favored children.”
Buddy tells His 1.1 million followers on the social media platform X that if he had to “have a favorite”, Layer-1 chain Sui (Sui) would look like SOLANA.
The real vision manager shares a chart comparing the SUI/USD price with the Sun/USD price, with SUI/USD that looks like it is about to break out resistance.
SUI deals at $ 2.97 in writing. The 13th ranked crypto supply with the market ceiling increases more than 21% over the past day and almost 41% over the past week.
Sun is traded at $ 149.47 at the time of writing. The sixth ranked crypto supply with the market ceiling increases more than 3.5% over the past 24 hours and more than 13% over the past week.
PAL is not the only analyst Hausse at Solana rival: Last week, crypto dealer Michaël van de Poppe told His 783,900 followers on the social media platform X as SUI receives adoption as a decentralized financing network (Defi), including for Bitcoin (BTC) Staking and lending, called Bitcoin Defi (BTCFI).
“When the markets turn back into a trend, the money will flow back to those who have shown strength. Sui is one of them. It is a great place to investigate SUI:
- BTCFI is growing rapidly as 10% of TVL (total value -lined) goes through SUI.
- Defi at SUI is in the six best of all chains.
- Nearly $ 6 billion in trade volume on defi in the past month.
I think it can do really well in the upcoming bike. “
Generated Picture: Midjourney