90% of Raoul Pal’s personal cryptocurrency portfolio is invested in SOL

Odaily News 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 despite its large price fluctuations, SOL has shown extraordinary resilience. He pointed out that the ability to issue low-cost NFTs on the Solana chain and its fast transaction speeds are key factors in establishing it as a leading blockchain technology. Pal also emphasized the importance of investing during active market periods. He mentioned that the SOL/USD daily chart on Coinbase shows an ascending wedge pattern. With the recent reduction in volatility, Solana may usher in an upward trend similar to Bitcoin's past performance. (CryptoGlobe)