Kyle Samani’s bull case for Solana and how Ethereum may get left behind

Episode 511 of The Scoop was recorded with The Block's Frank Chaparro and Multicoin Capital Co-Founder and Managing Partner Kyle Samani.Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Please send feedback and revision requests to [email protected] Samani is the Co-Founder and Managing Partner of Multicoin Capital. In this episode, Samani discusses the current state of the crypto market and venture capital funding in the industry. He highlights areas he says are key investment opportunities and lays out why he sees a brighter future for Solana in on-chain finance over Ethereum.OUTLINE 00:00 Introduction 01:03 Sponsor Break 02:55 VC Funding Downtrend 08:35 Clarifying Crypto's Usecases 14:17 New Era of Crypto Regulation 17:37 Regulatory Clarity = Increased Investment? 23:20 Samani's Revised Solana Thesis 25:59 Solana vs. Ethereum 32:48 Closing Thoughts & Predictions GUEST LINKS Kyle Samani on X: https://x.com/KyleSamani Multicoin capital on X: https://x.com/multicoincapAre you hiring in crypto? Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.Faster hiring, stronger teams. Sign up for a trial today: theblock.co/campusThis episode is brought to your by our sponsors:Fidelity Explore Fidelity crypto careers today. Go to crypto.FidelityCareers.com to learn more.Uranium.io Investing in uranium is now widely accessible. Visit uranium.io to learn more.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.