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Home»ALTCOIN NEWS»According to macro expert Raoul Pal, one Solana killer is converging on ‘hyperspace’.
ALTCOIN NEWS

According to macro expert Raoul Pal, one Solana killer is converging on ‘hyperspace’.

By Crypto FlexsJanuary 6, 20253 Mins Read
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According to macro expert Raoul Pal, one Solana killer is converging on ‘hyperspace’.
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Real Vision CEO and former Goldman Sachs executive Raoul Pal said Solana (SOL) may soon enter “hyperspace” after one of its competitors encountered significant resistance.

Pal told his 1.1 million followers on social media platform

“SUI puts his nose to the ceiling…then he has to go into hyperspace.”

Source: Raoul Pal/X

Since Pal’s post, SUI has rebounded and is trading at $5.28 at the time of this writing.

Looking at Solana, the investor says he too is bullish on SOL. He shares a chart that suggests SOL has broken out of the channel, flipped the upper limit from resistance to support, and is currently climbing through psychological resistance at all-time highs.

“The long-term SOL chart is a stupid bull market… ”

video
Source: Raoul Pal/X

As of this writing, SOL is trading at $215.

Pal has previously called on SUI to act as the “chosen one” in this market cycle and outpace Solana.

In an interview with Kevin Follonier on the When Shift Happens podcast, Pal said he was confident he would back the project in the belief that if it had any chance of success, it would be SUI.

“I am confident (Solana) will do very well. I see nothing but success and positive vibes in that chain. The question is whether the ‘next trade chosen’ should be so much riskier that it far surpasses that trade. So asking people to do it at full scale is not a guarantee.

For me it’s SUI, and not because I’m wearing foundation – I could go on about this because I’m wearing foundation, but I don’t. I waited until I saw confirmation price action. This is after every single token started outperforming Solana, ETH, and Bitcoin overall compared to Bitcoin.

“At that time, I felt comfortable thinking, ‘Listen, maybe this is what I was chosen for.’”

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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