Raoul Pal: The SUI token has not yet reflected its future potential
2026-09-29 23:49:58
According to CoinMeta, Raoul Pal stated in the Milk Road podcast that the price of SUI tokens has not yet reflected the upcoming market changes. He believes that the smart contract market will be narrowed down to a few winners, and SUI will be one of them. Pal pointed out that the fields of cloud computing and programming languages are usually dominated by three to five leaders, and blockchain will follow this pattern as well. He thinks that Ethereum is in a leading position in this area, accounting for about 70% of the stablecoin market, over 70% of DEFI, and almost all of the high-end NFT markets. Pal estimates that if the network shuts down, the value of stablecoins, DEFI, tokenized assets, and digital art could exceed $1 trillion, far surpassing Ethereum's current market value. He also mentioned that SUI currently has around 150,000 to 250,000 daily active users, and reaching 1 million would signify an even greater transformation.
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Source:Coinpedia
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