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Former Goldman Sachs executive Raoul Pal and other analysts suggest that Sui (SUI), a Solana competitor, is on the verge of a major breakout. Bullish signals from the TD Sequential Indicator and growing DeFi adoption are fueling optimism. VanEck predicts SUI could surge over 358% in the current crypto bull market.
- Raoul Pal cites the TD Sequential Indicator signaling a bullish reversal for SUI, suggesting a breakout from a downward channel.
- SUI's DeFi ecosystem is rapidly expanding, ranking among the top six chains with nearly $6 billion in monthly trading volume.
- VanEck predicts SUI could surge over 358%, reaching $10, as part of a broader crypto bull market extending into 2025.
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