Raoul Pal, a well-known macro investor and CEO of Real Vision and Global Macro Investor, announced on his YouTube channel that 90% of his personal cryptocurrency holdings are invested in Solana (SOL). Pal explained that SOL has shown extraordinary resilience despite its volatile price.
He pointed to Solana's ability to issue low-cost NFTs and fast transaction speeds as key factors in establishing itself as a leading blockchain technology. Pal also stressed the importance of investing during periods of market activity. He mentioned that the daily SOL/USD chart on Coinbase shows a rising wedge pattern. With less volatility in the near term, Solana could see an uptrend similar to Bitcoin's past performance.
Raoul Pal: 90% of his cryptocurrency portfolio is invested in SOL
2024-07-01 02:33:35
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