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LATEST: Multicoin co-founder Kyle Samani told Cointelegraph he thinks Solana will surpass Ethereum by market cap this cycle.
Multicoin co-founder Kyle Samani told Cointelegraph he thinks Solana will surpass Ethereum by market cap this cycle, according to a CoinMarketCap post on X.
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What happened
Multicoin co-founder Kyle Samani told Cointelegraph he thinks Solana will surpass Ethereum by market cap this cycle, according to a CoinMarketCap post on X.
Confirmed
Global impact / market context
If investors take this prediction seriously, they might shift money from Ethereum into Solana, which means the value of each network's coins and the fees earned by those building on them could change.
Analyst inference
Solana and Ethereum compete for users, developers, and investor money. A forecast like this from a well-known crypto investor can influence how people position their holdings, though it is only one person's opinion, not a confirmed event.
Analyst inference
What to watch
- Samani said Solana will surpass Ethereum by market cap this cycle, so watch whether other prominent crypto investors publicly agree or disagree with this specific prediction. Confirmed
- If Samani's view gains support, watch whether fund managers who invest in crypto start allocating more client money to Solana and less to Ethereum. Proposed
- Watch the market cap gap between Solana and Ethereum; if Solana narrows it, that would show investors are acting on this prediction rather than ignoring it. Analyst inference
Affected assets
- SOL — Solana
- ETH — Ethereum