Multicoin Co-founder: Solana Ecosystem is Fully Committed to Advancing the Vision of the Internet of Capital

BlockBeats News, January 23rd, Multicoin Capital founder Kyle Samani stated in his latest Solana investment thesis that Solana is the leading public blockchain supporting the Internet capital market. Furthermore, Solana as a technology can outperform major traditional finance (TradFi) participants in core performance metrics such as latency (including financial market players like NYSE, NASDAQ, CME, JPM, Goldman Sachs, and Morgan Stanley, as well as payment players like Visa and Mastercard), while retaining core blockchain attributes that TradFi has never provided (atomic composability and permissionless access for users, developers, and validators). Most importantly, the Solana ecosystem can achieve the dual goals of reducing end-user financial service fees by 90-99% and achieving a higher total market cap than existing traditional finance (TradFi) enterprises.

Samani also mentioned that the Solana ecosystem is fully committed to realizing the vision of the Internet capital market. Solana is simultaneously improving execution quality for market makers through on-chain liquidity and enhancing throughput with multiple concurrent leaders. Furthermore, the Solana ecosystem is expanding its TAM horizontally (by supporting a broader range of TradFi and crypto-native assets) and vertically (by capturing some MEV from the many financial services built on Solana).