Multicoin Capital co-founder Kyle Samani told Cointelegraph in September that Solana will flip Ethereum in market cap during this cycle, arguing Solana is more functional and that Ethereum's lead mainly reflects its stablecoin supply. The article notes Ethereum's market cap of about $288 billion as of Oct. 24 versus about $60 billion for Solana, so Solana would need to rise roughly 4.8x relative to Ethereum. Over the last year Solana fell 46% and Ethereum 38%, while over the last six months Solana returned 19% against 2% for Ethereum. Solana processes over 1,000 transactions per second at fractions of a cent, versus 15-30 TPS for Ethereum, and it ranked first in fee revenue with $26 million over 30 days, though Ethereum leads with $49 billion in TVL and $144 billion in stablecoins. The author argues Ethereum's stablecoin role is a strength, so Solana may narrow the gap but is unlikely to overtake Ethereum this cycle.
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cryptoEthereumSolanaventure capital
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Related tickers and likely impact
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 10/27/2026 | 2,350.36 |
| Change that session | +1.11% |
SOL/USDT
• NeutralSolana
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $56.3B |
| Close on 10/27/2026 | 101.35 |
| Change that session | +0.40% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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