
The co-founder of Real Vision, Raoul Pal, aroused a debate after sharing his thesis on the current market cycle.
According to him, Ethereum (ETH) should surpass Bitcoin (BTC), while Solana (soil) could eclipse Ethereum, and Su (sui) can even exceed Solana on the back of his adoption curve.
Bitcoin difficulties give Altcoins an opening
In an article of August 25 on X, PAL presented his prediction for the full market cycle, declaring:
“My general thesis for the full cycle is that ETH surpasses BTC. Sol surpasse Eth et Su surpasse Sol due to the place where they are all on the network adoption curve. ”
This view, which supervises the growth of blockchain through the objective of a curve model, implies more recent networks like Solana and Su have more room for expansion compared to their size. It was carried out in response to the investor Chris Burniske, who had previously noted that the pairs soil / ETH and Sol / BTC “continue to follow well”, adding that it expects that this trend is strengthening given the recent negative feeling of Solana.
By looking at the cryptocurrencies in question, BTC slipped to $ 111,049, marking a drop of 3.5% in last week and extending its monthly losses to almost 6%. Earlier in the day, analyst Willy Woo argued that the first “Whale Og” are a key obstacle for more upcoin upcoin, because their ten -year -old assets create enormous sales pressure that requires billions of fresh capital to absorb. The data on the chain show one of these whales turned $ 2.6 billion in BTC in the ETH just days ago, highlighting substantial profit as well as a clearance of release on a potential Ethereum increase.
Meanwhile, Ethereum is negotiated at $ 4,572 after reaching a historic summit of $ 4,946 on August 24, by Coingecko. Despite the rally, technical analysts have warned that the Down lower divergences and overheated derivative activity could invite corrections to the $ 4,100 zone. But even with the asterisk, the second cryptocurrency in the world exceeded its greatest counterpart during last week with gains of more than 7%.
Solana shines in the middle of skepticism suprate
Solana has also drawn attention, climbing 8% in the last seven days to $ 196.08, exceeding both ETH and BTC, although there are 33% below its January 293 summit.
Sui, however, is the most conflicting. Trading at $ 3.45, it is down 2.5% per week and more than 35% below its January summit. The criticisms responding to PAL projections argued that the token lack of traction of the developer and clear demand engines. However, the former leader of Goldman Sachs A Conté, insistent:
“The exploding, stable -co -wrapped wallets exploding, BTC on follow -up and exploding with developers.”
Skeptics as the pseudonym investor “On ThewayUp” remain unconvinced, warning that the SUP story can prove to be ephemeral without institutional interest or ETF vehicles.
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