Kyle Samani Reflects on Ethereum's Impact and Challenges

According to Odaily, Kyle Samani, co-founder of Multicoin and chairman of SOL treasury company Forward, shared his thoughts on the X platform about Ethereum's influence on his entry into the cryptocurrency world. He noted that Ethereum was his initial source of wealth. However, during the Devcon3 conference held in Cancun, Mexico, in November 2017, he decided to move away from Ethereum. At that time, ETH had become the fastest asset in human history to reach a market value of $100 billion. Despite this achievement, the rising Gas fees highlighted the urgent need for scalability, which created a sense of urgency he had never experienced before.