Multicoin Capital Co-Founder Says Solana Could Top Ethereum in Market Cap This Cycle
JH Kim
Summary
- A co-founder of Multicoin Capital said Solana (SOL) could surpass Ethereum (ETH) in market capitalization during the current market cycle.
- Kyle Samani, the co-founder, told Cointelegraph that he expects Solana to overtake Ethereum in market capitalization during this cycle.
- Samani argued that no one actually uses Ethereum today, but did not provide a specific timeline or target price for when Solana would surpass Ethereum in market capitalization.
Forecast Trend Report by Period
A co-founder of Multicoin Capital said Solana (SOL) could surpass Ethereum (ETH) in market capitalization during the current market cycle.
Cointelegraph reported on September 21 that Kyle Samani, a co-founder of Multicoin Capital, expects Solana to overtake Ethereum by market value in this cycle.
Samani also questioned Ethereum's actual usage, arguing that "no one actually uses Ethereum today."
He did not provide a specific timeline or target price for when Solana could surpass Ethereum in market capitalization.
JH Kim
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