Multicoin co-founder: Solana's on-chain transaction volume and validator revenue are now on par with Ethereum

BlockBeats news, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" (Why Solana will surpass Ethereum) on the first day of the TOKEN2049 main venue. He said:

Blockchain is a financial system, and on-chain transactions are the most important indicator in the blockchain. At times in the past year, Solana's on-chain transaction volume was higher than Ethereum, and some weeks it was lower than Ethereum, but today Solana is basically on par with Ethereum in terms of on-chain transaction volume.

In terms of total validator fees paid to Ethereum holders and Solana holders in their respective systems, some weeks Ethereum has higher earnings, and some weeks Solana has higher earnings. These indicators are now basically evenly matched.