Golden Finance reported that Raoul Pal, a well-known macro investor, CEO of Real Vision and Global Macro Investor, announced on his YouTube channel that 90% of his personal cryptocurrency holdings are invested in Solana (SOL). Pal explained that despite the large price fluctuations of SOL, it has shown extraordinary resilience. He pointed out that Solana's ability to issue low-cost NFTs and fast transaction speeds 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 the recent reduction in volatility, Solana may usher in an upward trend similar to Bitcoin's past performance.
