BREAKING
509d 4h ago

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

SOL

SOL/USDT

$88.53
+2.64%
24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$88.49

1.03%

Volume (24h): -

Resistance Levels
Resistance 3$113.8728
Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

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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