The Milk Road Show

Why Solana DeFi Might Outperform Ethereum This Cycle w/ Sam Andrew

28 snips
May 27, 2025
Sam Andrew, a portfolio manager at North Island Ventures specializing in decentralized finance, joins to discuss the competitive DeFi landscape between Solana and Ethereum. He highlights Solana’s impressive growth potential, the surge in developer activity, and the rise of stablecoins on its blockchain. The conversation dives into key players like Camino and Jupiter, emphasizing their roles in the borrow-lending market and the development of a 'DeFi super app'. Andrew showcases how Solana is transforming the crypto space, potentially outpacing Ethereum this cycle.
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INSIGHT

Solana's Infrastructure vs Assets

  • Much of Solana's activity is speculative, driven by easy token creation and trading.
  • Its robust infrastructure supports this cyclical meme coin excitement but awaits stable assets.
INSIGHT

Solana's Strategic Shift

  • Solana's first US flagship conference Accelerate showed a strong push for real-world asset integration.
  • Regulatory engagement and ecosystem development signal maturity beyond meme coins.
INSIGHT

Solana's Developer Culture

  • Solana developers deeply understand product-market fit and monetization.
  • A strong culture of business-building differentiates them from other crypto ecosystems.
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