Multicoin Capital co-founder Kyle Samani recently revealed in an interview that the company is increasing its investment in DeFi applications, especially within the Solana ecosystem. Solana has performed excellently in key chain metrics this year, even surpassing Ethereum and second-layer ecosystems. Samani expects that as more users and capital flow in, Solana will shine in the next cycle. 🌟

He also pointed out that Ethereum may face long-term challenges as its competitors like Solana offer faster and cheaper services. Unless Ethereum enhances its competitiveness, developers and users may turn to other platforms. 🔄

In addition, Samani is optimistic about stablecoins, viewing them as a significant innovation in the technology and finance sectors, and expects them to become giants by 2025. 💰