Unconfirmed: SOL Is Up 3,800% YTD. Could It Eventually Displace Ethereum? - Ep.265

Published: Aug. 20, 2021, 8:30 a.m.

b'SOL is up 75% over the past seven days, 205% in the past month, and 3,800% YTD. On Unchained, Multicoin Capital\\u2019s Kyle Samani discusses the DeFi projects fueling Solana\\u2019s growth, why he thinks Solana could make Ethereum obsolete, and the spectrum of decentralization. Show highlights:\\n what factors have contributed to SOL\\u2019s growth this year\\n what two milestones occurred last week that Kyle thinks supercharged SOL\\u2019s popularity\\n why Kyle thinks the issues with the Degen Ape Academy NFT drop were not actually a problem with the Solana blockchain\\n what projects will be possible on Solana that are impracticable on Ethereum\\n why Kyle thinks some combination of NFTs and social token apps will be the first breakout app on Solana\\n why Solana decreases the risk of massive liquidations -- like the crypto industry saw on Black Thursday in March 2020\\n how Solana and Ethereum differ in regards to composability and fragmentation\\n what BitClout has to do with Kyle\\u2019s Solana investment thesis\\n why Solana could be the basis for the next crypto bull run\\n why Kyle thinks the Ethereum merge as it completes transition to Ethereum 2.0 will not really affect Solana\\n how the competition between Solana and Ethereum could play out in the next 12 months\\n why Kyle is not overly concerned about Solana being more centralized than Ethereum\\n what the Solana versus Ethereum competition will look like going forward, and why Solana may have the upper hand\\n what Kyle learned from his investment in EOS\\n \\xa0\\n Thank you to our sponsors!\\n Sorare: https://sorare.com\\xa0\\xa0\\xa0\\n Polymarket: https://polymarket.co/unconfirmed\\xa0\\n Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021\\xa0\\xa0\\n \\xa0\\n Episode links\\n \\xa0\\n Kyle Samani\\n Twitter: https://twitter.com/KyleSamani\\xa0\\n Multicoin Capital: https://multicoin.capital/\\xa0\\n \\xa0\\n Previous Unchained appearances:\\n May 2021: https://unchainedpodcast.com/how-solana-and-binance-smart-chain-could-take-ethereums-lead/\\xa0\\n April 2020: https://unchainedpodcast.com/the-most-forkable-defi-protocols-on-ethereum/\\n\\n March 2020: https://unchainedpodcast.com/teetering-on-the-edge-how-black-thursday-exposed-the-flaws-in-the-crypto-markets/\\xa0\\n January 2020: https://unchainedpodcast.com/kyle-samani-on-how-2020-will-be-the-year-of-small-success-stories/\\xa0\\n March 2019: https://unchainedpodcast.com/how-binance-could-become-the-first-decentralized-autonomous-corporation/\\xa0\\n June 2018: https://unchainedpodcast.com/multicoins-kyle-samani-on-why-he-believes-bitcoin-governance-doesnt-accommodate-the-real-world-ep-025/\\xa0\\n May 2018: https://unchainedpodcast.com/multicoin-on-the-1-thing-crypto-teams-miss-in-their-quests-for-success/\\xa0\\n \\xa0\\n Solana\\xa0\\n Twitter: https://twitter.com/solana\\xa0\\n Recent updates: https://solana.com/news/solana-ecosystem-news/\\xa0\\n Website:\\xa0 https://solana.com/\\xa0\\n \\xa0\\n Recent SOL boom\\n https://twitter.com/JohnStCapital/status/1427088119870935047\\n https://www.ar.ca/blog/11-thoughts-during-a-digital-assets-bull-market\\n \\n https://www.forbes.com/sites/ninabambysheva/2021/08/16/solana-hits-new-all-time-high-above-60/\\xa0\\n \\n https://twitter.com/KyleSamani/status/1425282669630328841\\xa0\\n \\xa0\\n Projects\\n Saber (AMM/DEX) growth\\n \\n https://twitter.com/Saber_HQ/status/1428062812228759564\\xa0\\n \\n Audius\\n https://www.coindesk.com/crypto-powered-audius-wins-tiktok-tie-up-for-streaming-music-direct-to-platform\\n \\n Degenerate Ape Academy\\n https://www.theblockcrypto.com/post/114703/solana-hits-all-time-high-as-market-watchers-say-institutional-interest-is-growing\\n \\n https://twitter.com/Pentosh1/status/1427034066784763904\\xa0\\n \\n https://twitter.com/samecwilliams/status/1426828830552084482\\xa0\\n \\n Mango Markets\\n https://www.coindesk.com/solanas-mango-markets-dex-raises-70m-in-mngo-token-sale\\n \\n Wormhole\\n \\n https://www.coindesk.com/solana-launches-cross-chain-wormhole-for-shuttling-assets-from-ethereum-bsc\\xa0\\n \\n \\xa0\\n Multicoin\\u2019s Solana material\\n https://multicoin.capital/2021/05/04/announcing-venture-fund-ii/\\n https://multicoin.capital/2019/03/14/on-value-capture-at-layers-1-and-2/\\n \\n https://multicoin.capital/2019/07/30/the-world-computer-should-be-logically-centralized/\\xa0\\n \\xa0\\n Solana overview\\n https://thedefiant.io/solana-defi-ecosystem-overview/\\n https://research.thetie.io/solana-ecosystem/\\n https://research.binance.com/en/projects/solana\\n https://medium.com/coinmonks/solana-more-update-for-sol-becb65024877\\n https://genesisblockhk.com/what-is-solana/\\n \\xa0\\n Block explorers\\n https://explorer.solana.com/\\n https://solanabeach.io/\\n \\nhttps://solanaproject.com/\\xa0\\n \\xa0\\n Submitted questions from Unchained listeners\\n \\n https://twitter.com/Unchained_pod/status/1428136429805264898\\xa0\\n \\nLearn more about your ad choices. 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