Odaily Planet Daily reports that Kyle Samani, co-founder of Multicoin and Chairman of SOL Treasury, posted on X platform: “Ethereum introduced me to the cryptocurrency space and was my initial source of wealth. However, at Devcon3 held in Cancun, Mexico, in November 2017, I abandoned Ethereum. At that time, ETH was the fastest asset in human history to reach a market capitalization of $100 billion, but Gas fees were skyrocketing. It was clearly necessary to scale quickly, giving me an unprecedented sense of urgency.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Machi Big Brother Holds $86M in BTC and ETH, Down $73.44M Over Past 6 Months
Gate News message, April 27 — According to Arkham monitoring, Machi Big Brother (Huang Lixing) is currently holding $44.2 million in BTC and $41.8 million in ETH long positions on-chain, totaling $86 million.
Over the past six months, the investor has incurred trading losses of $73.44 million in
GateNews1h ago
User FilmStar Purchases 2 BAYC NFTs for 35 ETH Worth $81,500
Gate News message, April 27 — User FilmStar purchased two Bored Ape Yacht Club (BAYC) NFTs for a combined 35 ETH, valued at approximately $81,500, according to OpenSea data. BAYC5617 sold for 10 ETH, while BAYC4593 fetched 25 ETH in the transaction two hours ago.
The address currently holds 1.3
GateNews3h ago
Dormant Whale Deposits 2,301 ETH Worth $5.5M to Major CEX After 3-Year Silence
Gate News message, April 27 — According to Onchain Lens, a whale that has been dormant for three years deposited its entire holdings of 2,301 ETH, valued at approximately $5.5 million, to a major centralized exchange today.
The transfer marks the first significant activity from the address in three
GateNews3h ago
DeFi United’s crowdfunding campaign raises 102,000+ ETH, with AAVE rebounding to $100
According to the official DeFi United page, the multi-protocol relief fund DeFi United, initiated and led by Aave service providers, has raised more than 102k ETH as of April 27. The goal is to cover the bad-debt shortfall created in the Aave V3 market after the April 18 Kelp DAO cross-chain bridge attack incident. AAVE briefly broke above $100 before falling back.
MarketWhisper4h ago
Ethereum Spot ETFs Post $155M Net Inflows Last Week, Extending Three-Week Streak
Gate News message, April 27 — Ethereum spot ETFs recorded net inflows of $155 million during last week's trading days (April 20-24, Eastern Time), according to SoSoValue data, extending a three-week streak of net inflows.
BlackRock's ETHA led all funds with $138 million in weekly net inflows,
GateNews5h ago
Aave Labs proposes for Arbitrum: unlock 30,765 ETH in compensation for victims
According to a proposal published by Aave Labs on April 25 on the Arbitrum governance forum, Aave Labs asks the Arbitrum decentralized autonomous organization (DAO) to unfreeze 30,765 ETH associated with the Kelp DAO attack and to transfer the above funds to the “DeFi United” Recovery Fund, to restore support for rsETH and compensate holders.
MarketWhisper5h ago
