Kyle Samani, co-founder of Multicoin Capital, recently predicted that Solana’s market value will surpass Ethereum in the future, and gave three main reasons. However, Ethereum community member Ryan Berckmans refuted it on the 28th, emphasizing that Solana will never surpass Ethereum. (Previous summary: Multicoin founder: Three major reasons Solana’s market value will surpass Ethereum) (Background supplement: Solana exceeded $150 and rose by more than 8%, analysts: the final confirmation signal to restart the violent bull market) Compared with the ecological performance of Ethereum There is nothing new, and the Solana ecosystem appears to be more active in this market cycle. Kyle Samani, co-founder of Multicoin Capital, asserted at the Singapore Token2049 Conference on the 19th that the market value of SOL will exceed Ethereum in the future, and gave his three main reasons: The Ethereum roadmap plans to advance transactions from Layer1 to Layer2, and this The plan is being implemented smoothly. From the current perspective, more than 90% of Ethereum's transactions are executed on Layer 2, but this also results in ETH being unable to effectively capture transaction value. On-chain transactions are the most important metric for blockchains, and over the past year there have been days when Solana’s on-chain transaction volume was higher than Ethereum’s, and some weeks when it was lower than Ethereum’s. However, Solana is currently on par with Ethereum in terms of on-chain transaction volume. Solana’s token extensions provide many of the features needed by Wall Street institutions, payment companies, or any major asset issuer. Only when these features and related construction are ready can regulated finance appear on the chain at scale, and this is the case with Ethereum. It is basically impossible to achieve on the market. Ethereum community members: Solana will never surpass Ethereum. However, Ethereum community member Ryan Berckmans tweeted on the 28th to refute Kyle Samani’s views, saying that Kyle Samani reinterpreted the history of Ethereum in his speech, which was full of misleading and exaggeration. , and Solana will never surpass Ethereum. I watched Kyle's 20-min talk titled, "Why SOL will flip ETH". Here's my review, I call it "Why SOL will never flip ETH". Suggest you either don't watch the talk or read my review first so you can take a shot every time he says some B.S. but please don't die of alcohol poisoning. https://t.co/wYlsOOQAwg — Ryan Berckmans ryanb.eth (@ryanberckmans) September 27, 2024 In response to Kyle Samani’s opinion that Ethereum cannot recover transaction value because it is eroded by the L2 network, Ryan Berckmans refuted that this is just a bear market effect It is expected that L1 fees will rebound due to the temporary phenomenon. He also refuted the argument that L2 fragmentation is detrimental to DeFi, emphasizing that fragmentation is an inevitable result of the blockchain, and the development of L2 is necessary and effective. In addition, Ryan Berckmans criticized Kyle Samani for deliberately ignoring Ethereum L2 data when comparing the DEX trading volume of Solana and Ethereum. As for the three major structural advantages Solana claimed, such as token expansion, Firedancer upgrades and hardware expansion, Ryan Berckmans also refuted them one by one, pointing out that token expansion, hardware expansion and other technologies are not unique to the Ethereum ecosystem. Similar developments are underway, and the Firedancer upgrade has yet to reach the transactions per second (TPS) promised by Solana. In Ryan Berckmans’ view, Solana’s real structural advantage is to use centralization and vertical integration to accelerate growth, and at least currently has higher curiosity and aggression than Ethereum on the application layer, such as decentralized infrastructure. (DePIN) and consumer encryption. However, Ryan Berckmans emphasized that Kyle Samani’s description of Solana’s advantages and progress is either exaggerated or completely fabricated, ignoring any details about Solana’s structural disadvantages, such as claiming that TPS can reach 50,000 transactions, but currently it can only reach 1,100 at most. Pen. Ryan Berckmans concluded by asserting: Sol will never surpass ETH. Solana is having its moment in this cycle. In the future, the fastest L2 will be faster than Solana. Solana's speed and cost advantages will shrink to zero. By then, everyone will understand that the L2 model is a genius move that fits the way the world actually works while delivering extremely high value growth for ETH. Related reports: Solana’s new mobile phone, Seeker, is unveiled. Can you make money by buying it through airdrops this time? Web3 room booking platform Travala "integrates Solana": Earn 10% cryptocurrency rewards when booking flights and hotels in the future. In-depth analysis of the income sustainability of the three public chains of Ethereum, Solana and Tron. 〈OG counterattack: SOL can never surpass Ethereum!L2 will completely destroy Solana’s advantage. This article was first published in BlockTempo, the most influential blockchain news media.