Raoul Pal: 90% of the cryptocurrency portfolio is invested in SOL

Renowned macro investor and CEO of Real Vision and Global Macro Investor, Raoul Pal, announced on his YouTube channel that 90% of the cryptocurrencies he personally holds are invested in Solana (SOL). Pal explained that despite SOL's significant price fluctuations, it has demonstrated remarkable resilience. He pointed out that Solana's ability to issue low-cost NFTs and its fast transaction speed 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 recent volatility decreasing, Solana may see a rise similar to past performances of Bitcoin.