Kyle Samani Says He Won't Return to Multicoin, Cites Solana's RWA Advantages

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Kyle Samani confirmed on X that he won't return to Multicoin Capital. He noted that Ethereum has no clear edge in real-world assets (RWA) news beyond stablecoins, while Solana is gaining traction in payments, apps, and DePIN. On-chain news shows Solana’s RWA momentum is outpacing Ethereum’s.

Odaily Planet Daily News After announcing his departure from Multicoin Capital, Kyle Samani actively responded to community concerns on the X platform. Dragonfly managing partner Haseeb compared his leaving to Jordan leaving the Bulls, to which Kyle Samani replied, "I won't be returning to the Bulls," implying he would not return to Multicoin Capital. Additionally, he stated that he would support Solana's rapid development and claimed that, aside from stablecoins, Ethereum does not have a clear advantage in RWA. In contrast, Solana has already made significant progress in areas such as payments, applications, and DePIN.

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