Here’s the Key Chart in Crypto Right Now, According to Former Goldman Sachs Executive Raoul Pal
Former Goldman Sachs executive Raoul Pal thinks one chart is a critical representation of the current crypto market. The Real Vision chief executive shares a chart with his one million followers on the social media platform X that compares the layer-1 blockchains Sui (SUI) and Solana (SOL). The macro guru shares a chart suggesting that SUI is primed to outperform SOL. “I keep staring at this chart of SUI/SOL. Probably the key chart in crypto right now to indicate the structure of the market ahead.” Source: Raoul Pal/X SUI is trading at $3.71 at time of writing. The 17th-ranked crypto asset by market cap is down more than 2% in the past 24 hours. SOL is trading at $239.74 at time of writing. The fourth-ranked crypto asset by market cap is up nearly 1% in the past day. Pal also mentions that he eventually plans to shift his proceeds into digital art non-fungible tokens (NFTs) and Bitcoin (BTC) for preservation. The Real Vision CEO also calls the cry...