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

On January 23rd, Kyle Samani, the founder of Multicoin Capital, stated in his latest investment thesis on Solana that Solana is the leading public blockchain that supports the Internet capital market. Moreover, as a technology, Solana can outperform major traditional finance (TradFi) participants in core performance metrics such as latency (including financial market players like the NYSE, NASDAQ, CME, JPM, Goldman Sachs, and Morgan Stanley, as well as payment players like Visa and Mastercard). While retaining the 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 dedicated to realizing the vision of the Internet capital market. Solana is simultaneously improving the execution quality for market makers through on-chain liquidity and enhancing throughput with multiple concurrent leaders. In addition, the Solana ecosystem is expanding its total addressable market (TAM) horizontally (by supporting a wider range of TradFi and crypto-native assets) and vertically (by capturing some maximum extractable value (MEV) from the many financial services built on Solana).