Real Vision Co-Founder & CEO Raoul Pal says he invests in very few altcoins, even though he has built an entire asset-management business inside the crypto ecosystem. Speaking at Binance Blockchain Week 2025, Pal explained that picking altcoins is harder than most retail traders think, which is why he keeps his choices limited and highly selective.
Pal said he places most of his personal crypto portfolio in major assets like Bitcoin, Ethereum, and Solana. These networks already have deep liquidity, strong adoption, and long-term staying power.
He believes retail traders often “destroy capital” by chasing weaker altcoins that fail to outperform the big three. Any token that cannot beat BTC, ETH, or SOL on a weekly or monthly chart, he said, is not worth holding.
Despite his conservative approach, Pal confirmed he has taken a big position in Sui, calling it one of the strongest new layer-1 networks of the cycle.
He said two factors pushed him into Sui:
- Network growth — Sui is among the fastest-growing blockchains based on active users and on-chain activity.
- Chart structure — Sui’s long-term chart started “basing” and showing early signs of trend reversal against Solana.
Pal named only two other chains showing growth metrics strong enough to catch his eye:
NEAR Protocol and Avalanche.
He said these networks currently rank among the fastest-expanding ecosystems based on user activity and value transferred. However, he did not confirm whether he has invested in them personally.
Pal said recent market rotations show the danger of chasing narratives. With little new capital entering crypto, traders often jump between themes like memecoins, DeFi, and privacy tokens. They pump briefly, then collapse as attention moves on.
Because of this cycle, he keeps his altcoin picks limited to a few networks that show real adoption, clear metrics, and multi-year potential.
