
Renowned crypto analyst Raoul Pal has shared his bullish outlook on Sui (SUI), a layer-one blockchain that has recently caught his attention. In a recent post on his Telegram channel, Pal highlighted a major opportunity for SUI, which he believes is on the brink of experiencing significant growth.
According to Pal, SUI could be poised for explosive rallies after it surpasses a key resistance level around $5. Describing the situation, he said that SUI is “pressing its nose against the ceiling” and is set to “go into hyperspace” as it gains momentum. At the time of writing, SUI has climbed further, trading at $5.28.
Pal also expressed optimism about Solana (SOL), noting that it has broken out of a long-term channel and turned its former resistance into a new support level. He shared his view that Solana's price chart suggests “stupid bullish” long-term potential.
In previous remarks, Pal described SUI as a standout contender in the current market cycle, suggesting it could outshine Solana significantly. Speaking on the When Shift Happens podcast, he explained that his confidence in SUI stems from its demonstrated strength against major cryptocurrencies like Solana, Ethereum, and Bitcoin, coupled with clear breakout performance across various metrics.
While Pal remains positive about Solana's future, he believes SUI could be the “next chosen one,” offering unparalleled growth potential. However, he cautioned that such a bet carries higher risk and advised against committing full-scale investments without careful consideration. For him, the confirmation came when SUI consistently outperformed other tokens, signaling a strong breakout and marking it as a key player in the blockchain space.
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