Renowned macro investor Raoul Pal has 90% of his personal cryptocurrency portfolio invested in SOL

ChainCatcher news, according to CryptoGlobe, 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 the significant price volatility of SOL, it has shown extraordinary resilience. He pointed out that the ability to issue low-cost NFTs on the Solana chain and its 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 daily chart of SOL/USD on Coinbase shows an ascending wedge pattern. With the recent decrease in volatility, Solana may experience a rising trend similar to Bitcoin's past performance.