{"id":137520,"date":"2024-09-19T17:06:28","date_gmt":"2024-09-19T14:06:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137520"},"modified":"2024-09-19T17:06:28","modified_gmt":"2024-09-19T14:06:28","slug":"sui-blockchain-emerges-as-a-major-contender-says-ex-goldman-sachs-exec","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/sui-blockchain-emerges-as-a-major-contender-says-ex-goldman-sachs-exec\/","title":{"rendered":"Sui Blockchain Emerges as a Major Contender, Says Ex-Goldman Sachs Exec"},"content":{"rendered":"<p>Pal recently told his audience on X that Sui (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/sui\/\">SUI<\/a><\/strong>), a blockchain often compared to Solana (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">SOL<\/a><\/strong>), is showing signs it could become one of the leading networks, or even \u201cthe Chosen One\u201d among emerging blockchains.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SUI<\/a> is actiing like it is going to be one of the key Chosen Ones of the major new chains, if not THE Chosen One\u2026<\/p>\n<p>The chart has broken out of the inverse head and shoulders, which is an important first step. 1\/ <a href=\"https:\/\/t.co\/6tVpfELMCv\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/6tVpfELMCv<\/a><\/p>\n<p>\u2014 Raoul Pal (@RaoulGMI) <a href=\"https:\/\/twitter.com\/RaoulGMI\/status\/1836000319152517402?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">September 17, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><a href=\"https:\/\/x.com\/RaoulGMI\/status\/1836000322717733355\" target=\"_blank\" rel=\"nofollow\">According<\/a><\/strong> to Pal, Sui\u2019s growing momentum is worth noting, particularly with its recent bullish signals and tech enhancements. One of these signals is Sui\u2019s breakout from an inverse head and shoulders pattern, as well as its relative strength compared to Solana and other top cryptocurrencies in a sideways market.<\/p>\n<p>On the technology front, Pal highlights the Mysticeti upgrade, which has improved transaction speeds to less than a second, making Sui the fastest chain.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-trader-makes-50000-profit-on-memecoin-investment\/\" title=\"Crypto Trader Makes 50,000% Profit on Memecoin Investment\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/09\/crypto-chart-green-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Trader Makes 50,000% Profit on Memecoin Investment<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The upcoming Pilotfish upgrade is expected to push its scalability further, even surpassing Solana\u2019s capabilities. He also sees potential in Sui\u2019s Web3 vision, aiming to build a decentralized infrastructure that can support large-scale applications similar to those of major tech companies like Meta.<\/p>\n<p>Pal is particularly <strong><a href=\"https:\/\/x.com\/RaoulGMI\/status\/1836000327306182674\" target=\"_blank\" rel=\"nofollow\">optimistic<\/a><\/strong> about Sui\u2019s prospects in gaming, noting the platform\u2019s ability to attract developers and integrate features like Circle\u2019s USDC stablecoin. However, he emphasizes that Sui is still in its early stages, and its future success will depend on the development of scalable applications on its network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raoul Pal, CEO of Real Vision and prominent macro analyst, has identified a layer-1 blockchain that he believes could rise to dominance in the crypto space.<\/p>\n","protected":false},"author":3,"featured_media":137521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[71],"class_list":["post-137520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sui Blockchain Emerges as a Major Contender, Says Ex-Goldman Sachs 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