šŸ¤” Can SOL surpass ETH? Big shot Kyle Samani says so!

Hello everyone, today I bring you a big news! šŸŽ‰

šŸ’” According to Golden Finance live report, at the Token2049 conference held on September 19, Kyle Samani, co-founder of Multicoin Capital, delivered a speech entitled "Why SOL Will Flip ETH". He boldly predicted that SOL's market value will exceed ETH in the future! šŸ˜®

šŸ” Let's take a look at the reasons he gave:

1. Ethereum's current expansion route centered on Rollup has resulted in ETH being unable to effectively capture value. Nearly 80% of the transaction volume has been transferred to L2, while L2 is constantly issuing its own tokens and cannot be well aligned with the Ethereum L1 mainnet.

- This is indeed a challenge currently facing ETH. How to strike a balance between scalability and value capture remains to be further explored. šŸ¤”

2. In contrast, Solana's vision is to become a decentralized Nasdaq, and it has advantages in certain structural aspects, such as token economic model, Firedancer client, hardware expansion, etc. Moreover, in terms of major on-chain indicators such as DEX trading volume, MEV, stablecoins, etc., Solana has begun to show enough strength to compete with Ethereum.

- Solana's progress in performance and ecological construction is obvious to all, and the ratio of SOL/ETH has been rising, which may indicate that Solana is constantly eroding Ethereum's market share. šŸ‘€

šŸŒŸ This bold prediction reflects that the competition in public chains is becoming increasingly fierce, and Ethereum's leading position is facing challenges. Major public chains are working hard in technology, economic models, ecology and other aspects, trying to win in the next round of competition. This is undoubtedly good for promoting innovation and development in the industry, but whether ETH can hold on to its position and whether SOL can catch up remains to be tested by time. Let's wait and see! šŸš€

ā“ What do you think of Kyle Samani's prediction? Does Solana have a chance to surpass Ethereum and become the new generation of public chain overlord? Welcome everyone to actively discuss! šŸ™Œ