SUI’s $22 dream: Raoul Pal sees a ‘top 5’ path for the ‘Solana killer’
The post SUI’s $22 dream: Raoul Pal sees a ‘top 5’ path for the ‘Solana killer’ appeared on BitcoinEthereumNews.com.
SUI could extend its rally in H2 and become a top year performer, per Raoul Pal. The altcoin underperformed SOL at the end of Q3. Sui [SUI] had a mixed performance in H1 2025, but could still become a top-five performer in 2025, according to Raoul Pal, Founder and CEO of Real Vision. The ‘Solana killer’ topped $5 early in January, but the Q1 headwinds dragged it to a 44% loss. In Q2, however, the altcoin recovered 17%, and Pal expects even more gains in H2. In an X post, Pal projected that the altcoin could hover above $2.2, a key support in April 2025 that was a previous resistance in 2024. He highlighted that, in the long run, the altcoin would consolidate below $3.5 before a potential breakout if BTC prints a new ATH. “My view is that as BTC breaks ATH’s this begins to outperform again and will remain in the top 5 majors in performance in this cycle.” Source: TradingView A dream or delayed potential? In fact, CoinGecko chimed in on the conversation with a stat that stirred curiosity. It shared that if SUI hit Solana’s [SOL] market cap of $77B, then the altcoin could be valued at $22.9 — a whopping 8x. While that’s an optimistic projection, the real-time SUI/SOL ratio tells a different story. The altcoin outperformed SOL by 56% in late April, but lagged later in Q2. Since May, SUI has underperformed SOL by 26%. Put differently, investors were better off holding SOL than SUI late in Q3. Source: TradingView The weakening could extend for a few weeks before a potential rebound if the ratio defends 0.016. If that happens, then the altcoin could outperform SOL by 56% again. Since May, the altcoin has underperformed SOL by roughly 26%, and the SUI/SOL chart reflects…
Filed under: News - @ June 28, 2025 1:26 am