Multicoin Co-founder Predicts SOL Market Cap Will Surpass ETH

Multicoin Capital co-founder Kyle Samani stated in an interview that Solana is easier to use and more powerful, leading more crypto companies to prioritize Solana. He expects that the market cap of SOL will surpass Ethereum during this market cycle. Samani pointed out that almost no one is truly using Ethereum, and its leading network position mainly relies on stablecoins and stablecoins borrowed against ETH as collateral. He is bearish on ETH's value capture ability, believing it lacks growth as an asset worth hundreds of billions of dollars. Additionally, data from DefiLlama shows that in the past 30 days, Solana's on-chain fee revenue reached $23 million, ranking fourth, surpassing Ethereum's $12.6 million, which ranked sixth.

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