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**’Stupid Bullish’: Real Vision CEO Raoul Pal on SOL in Long-Term**
In a recent statement, Real Vision CEO Raoul Pal has expressed his optimism regarding Solana (SOL), stating that it could continue to rally in the long-term. According to Pal, who is known for his insightful predictions and market analysis, SOL’s performance is not only impressive but also demonstrates the potential for further growth.
In a recent tweet, Pal highlighted that after hitting its previous “ceiling” at $4.88, Solana (SOL) has broken through resistance and reached an all-time high of $5.22 on January 4, 2025. This significant price increase is accompanied by an unprecedented surge in trading volume, with the asset’s daily turnover nearly tripling to reach a staggering $2.45 billion.
Pal’s bullish stance on SOL is rooted in his analysis of the asset’s fundamental metrics and technical indicators. He notes that Solana’s impressive growth is not merely a flash in the pan but rather an indication of its robust fundamentals, which may continue to propel it forward.
While many market experts have been skeptical about the viability of Solana as a major player, Pal disagrees, citing the project’s innovative approach, scalability, and community engagement as key factors driving its success. He believes that this winning formula will ultimately prove the doubters wrong, leading SOL on a long-term path upward.
As always, it is essential to remember that market predictions are inherently uncertain and subject to change based on various market dynamics. Nevertheless, Pal’s words carry significant weight in the crypto community, and his optimism regarding Solana may inspire other investors to take a closer look at this asset’s potential for growth.
U.Today does not guarantee the accuracy of any data provided by third parties; all information should be taken as opinion-based.
Source: u.today
