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Multicoin co-founder: Solana's on-chain volume and validators' earnings are now on par with Ether's momentum
BlockBeats news, on September 19th, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, spoke at the ‘Why SOL Will Flip ETH’ theme roundtable discussion on the first day of the TOKEN2049 main venue, stating: Blockchain is a financial system, and on-chain transactions are the most important indicator in the blockchain. At some point in the past year, Solana’s on-chain volume has been higher than that of ETH, while in some weeks it has been lower. However, today, in terms of on-chain volume, Solana is basically on par with ETH. In terms of the total validator fees paid to ETH holders and Solana holders in their respective systems, there were some weeks when ETH’s earnings were higher, and some weeks when Solana’s earnings were higher. These indicators are now basically evenly matched.