Cointelegraph reported that Kyle Samani, co-founder of Multicoin Capital, predicted that SOL's market capitalization would surpass ETH's in this market cycle. He argued that "virtually no one is actually using Ethereum right now," and that cryptocurrency companies are likely to choose Solana in the future due to its ease of use and functionality. Currently, SOL's market cap is approximately $58 billion, while ETH's is around $293 billion, a difference of about five times.