BREAKING
557d 18h ago

Solana Set to Surpass Ethereum: Multicoin Capital’s Kyle Samani Highlights Parallel Hardware Advantage

SOL

SOL/USDT

$83.35
+0.68%
24h Volume

$1,629,887,570.10

24h H/L

$84.29 / $82.26

Change: $2.03 (2.47%)

Long/Short
77.5%
Long: 77.5%Short: 22.5%
Funding Rate

-0.0164%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$83.26

0.18%

Volume (24h): -

Resistance Levels
Resistance 3$98.5337
Resistance 2$87.5625
Resistance 1$83.2622
Price$83.26
Support 1$83.165
Support 2$78.3404
Support 3$67.50
Pivot (PP):$83.2667
Trend:Downtrend
RSI (14):41.8

On September 19, COINOTAG reported that Kyle Samani, co-founder and managing partner of Multicoin Capital, engaged in a roundtable discussion titled “Why SOL Will Flip ETH” (Why Solana will surpass Ethereum) during the TOKEN2049 main event. He emphasized that Solana’s core design is centered on organic growth through parallel hardware. According to him, increasing the number of cores in Solana’s system directly correlates to a performance boost. While not all parallel processor chips are compatible with Solana, a select few provide significant enhancements, thereby boosting Solana’s performance.

Samani further contrasted Solana’s approach with Ethereum’s, noting that the Ethereum Virtual Machine (EVM) operates on a single-threaded processor. Despite ongoing discussions about parallelization for nearly a decade, tangible progress has been lacking. He predicted that as on-chain asset growth continues, the industry will increasingly recognize the benefits of full parallelism.

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