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Multicoin Capital’s Kyle Samani Expects SOL to Surpass Ethereum This Cycle

Multicoin Capital co-founder Kyle Samani expects Solana (SOL) to surpass Ether (ETH) by market capitalization during this market cycle and argues that Ethereum currently has little real-world usage.

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Multicoin Capital’s Kyle Samani Expects SOL to Surpass Ethereum This Cycle

Kyle Samani, co-founder of Multicoin Capital, said he expects Solana (SOL) to overtake Ether (ETH) in market capitalization during the current market cycle. As reported by Cointelegraph, Samani also argued that “today, no one really uses Ethereum,” presenting a critical view of the network’s current user activity. His comments put the relative market positions and adoption of Solana and Ethereum in focus, although he did not provide a specific timeline or price target for the potential shift. The view is relevant for investors monitoring competition among major smart-contract platforms and the market share of their native tokens.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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