Foresight News, citing Cointelegraph: In an interview, Kyle Samani, co-founder of Multicoin Capital, said that because Solana is easier to use and more feature-rich, more and more crypto companies will prioritize Solana over Ethereum, and he predicts that SOL’s market cap will surpass Ethereum “within this market cycle.”

Samani said directly: “Nowadays, almost nobody truly uses Ethereum.” The reason Ethereum still maintains its leading position is mainly due to stablecoins, and the stablecoins that are borrowed using ETH as collateral. He is also bearish about ETH’s ability to capture value, believing that as an asset with a market value in the tens of billions of dollars, both its value-capture mechanism is questionable and it lacks growth potential. In addition, according to DefiLlama data, over the past 30 days, Solana’s on-chain fee revenue reached $23 million (ranked 4th), surpassing Ethereum’s $12.6 million (ranked 6th).