Industry commentator Raoul Pal, CEO of Real Vision, argues that trendy altcoin SUI will outperform XRP for the remainder of the bull market.
Pal recently shared his opinion in a video where he discussed his view on the future of major cryptocurrencies during the ongoing bull market. While Solana (SOL) and XRP showed strong performances, Pal believes that the newer SUI token will outperform both in the coming months.
SUI vs Solana and XRP
Pal compared the SUI token’s performance to that of XRP and Solana. He noted that SUI is breaking out of an inverted head and shoulders pattern. This development signals the potential for a significant upside.
Pal acknowledged that while Solana (SOL) continues to show strength and is expected to continue rising, moving some assets from Solana to SUI could offer better returns.
“Solana is a more proven second cycle protocol and will likely perform well.” Buddy explained: “But SUI, which is newer and riskier, appears to be delivering the alpha in this market phase.”
XRP Strength vs. SUI Potential
Despite his confidence in Solana, Pal acknowledged the continued strength of XRP. However, he noted that SUI’s uptrend is surpassing that of XRP, suggesting that the new token has the potential for even greater gains.
“We have reached the bottom of the trend channel for SUI and it is likely to outperform XRP in the future.” said buddy. He clarified that this does not mean that XRP will decline, but rather that SUI will provide better returns to holders.
Despite Pal’s bullish outlook on SUI, he acknowledged the strength of the XRP chart. The token has built a series of…
