Former executive Raoul Pal of Goldman Sachs says a solana (sol) competitor is his “preferred child.”
PAL tells the 1.1 million followers in the social media platform X that if you have what you like, SUI (SUI), a layer-1 chat, will be preferred over Solana.
Real Vision CEO share charts that compare SUI/USD prices with SOL/USD prices, and SUI/USD seems to be out of resistance.
SUI is trading at $ 2.97 at the time of writing. The 13th password asset was more than 21% last week and almost 41% last week.
SOL is trading at $ 149.47 at the time of writing. The sixth -largest password assets by market cap have increased more than 3.5% in the last 24 hours and more than 13% last week.
PAL is not the only analyst of Solana rivals. Last week, Crypto Trader Michaël Van de Poppe referred to the Bitcoin Defi (BTCFI) that the SUI adopts the Bitcoin (BTC) staying and loans to 783,900 followers in social media platform X as a decentralized financial network including Bitcoin (BTC) staying and loans. I said there.
“Once the market returns to the rise, the money will return to the money that shows power. SUI is one of them.
- BTCFI is growing rapidly as 10%of TVL (total value lock) passes through the SUI.
- The Defi of SUI is in the top six of all chains.
- A trading volume of about $ 6 billion in Defi last month.
I think you can do really well in the coming cycle. ”
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Created image: Midjourney