Economy Pal Calls One Coin That Has The Potential To Slide Solana
JAKARTA - Total Pal, a macroeconomic expert and founder of Real Vision, revealed that one of the altcoins has the opportunity to surpass Solana's (SOL) performance in the current crypto market cycle.
In an interview on the When Shift Happens podcast with Kevin Follonier, the former Goldman Sachs executive highlighted that although Solana remains a solid choice, SUI has the potential to become a new star in the blockchain ecosystem.
Pal insists that Solana's ecosystem is in good health, making it a relatively safe choice for investors during the bull run of digital assets. However, he sees that the layer-1 Sui blockchain shows signs of superior performance over Solana, Ethereum, and Bitcoin.
I'm sure Solana will be fine. The ecosystem continues to grow with a lot of positive things. However, the question is, is there a new project that can surpass its performance significantly? That's a more risky bet, but it can be very profitable," Pal said as quoted by DailyHodl.
According to him, the decision to support SUI is based on an in-depth analysis of price movements, in which these tokens begin to show superiority over other assets. When every token in its ecosystem begins to penetrate resistance levels, I feel confident that SUI may be the'selected'," he added.
SUI is developed using the Move programming language, which is predicted to come to its surface. Pal believes that SUI has a great opportunity to succeed thanks to the support of an experienced development team.
To date, SUI has attracted the attention of global investors due to a combination of advanced technology and promising price action. With positive price movements, many see this project as one of the strong candidates to compete with other major blockchains in the crypto market.