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Unchained

Can Solana Edge Out Ethereum to Win the AI Agent & RWA Race?

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 27 February 2026

⏱️ 83 minutes

🧾️ Download transcript

Summary

Tushar Jain and Mike Ippolito make the bull case for Solana as competition heats up. Thank you to our sponsors! Fuse: The Energy Network – Shift your energy use and earn rewards. MultiChain Advisors – The Growth & Capital Markets Partner You Need Crypto Tax Girl – Save $100 on your crypto taxes. With Ethereum refocusing on L1 and Hyperliquid adoption growing, Solana is arguably facing stronger competition than ever. Can it thrive still? Multicoin co-founder Tushar Jain and Blockworks co-founder Mike Ippolito share several reasons to be excited about Solana, including Alpenglow and anticipated market microstructure design flexibility. Find out why Tushar and Mike say Firedancer has not been a flop despite seemingly low adoption, why they don't see block building issues stopping Solana from challenging Hyperliquid, and why they say the network doesn't have to do anything to specifically attract AI agents. Plus, why they both believe that the RWA race is too early to call despite Ethereum's dominance. Meanwhile, with Alpenglow still months away, Mike says the wait doesn’t matter — for the next 12 to 18 months BD and marketing matter more than tech for adoption. #UN1047 Guest: Tushar Jain, Co-Founder & Managing Partner at Multicoin Capital Previous appearances on Unchained: Solana Rejected Inflation Reduction-Here's Why CoinFund's Jake Brukhman and Multicoin's Tushar Jain on Generalized Mining  Binance Hack: Should the Threat of Reorgs Be Used to Deter Hackers? Multicoin on the 1 Thing Crypto Teams Miss in Their Quests for Success Mike Ippolito, Co-Founder at Blockworks Links: Unchained: Ethereum Lets Go of the Rollup Story. Here Are the 6 Tokens That Benefit Jump Crypto’s Firedancer Goes Live on Solana Mainnet BlackRock Just Chose Uniswap. The Market Didn’t Care. Here’s Why. When AI Agents Take Over, What Does a Post-Human Economy Look Like? Uneasy Money: How the Increasingly Better AI Agents Are Being Used Onchain Pump.fun Cashed Out $436M Since Mid-October: Lookonchain Zora Shocks Base Community With Solana Pivot Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm not actually sure the tech matters an enormous amount on a 12 to 18 month time horizon here.

0:05.5

I think salon is probably good enough for the time being.

0:08.5

You know, Big Web 2 giants adopting stable coins in a big way, that's going to end up moving the needle an enormous amount.

0:15.4

So some of it comes down to tech, but my sense is it's probably actually more of a VD in marketing game.

0:20.7

I'm pretty bearish these corporate chains. We've seen this movie before. We all have been around. You've seen this. You've seen this in the last cycle and the cycle before that. Remember Hyper Ledger? Like that was a thing? All right. Our screen. Right? Like we have seen this and people get excited. They're like, oh, look, big trusted company. We love these guys. They're going to be incredibly neutral and like, we can trust them. Let's just put all of our trust in them. And then, no, that doesn't work out because, you know what, Audien is not going to build on Stripes chain. And MasterCard is not going to build on Visa's chain. And if you think Goldman is going to settle their trades on a chain controlled by J.P. Morgan,

0:58.7

then I don't think you understand how competitive these organizations are.

1:08.0

Hi, everyone. Welcome to Unchained, your no hype resource for all things Crypto. I'm your host,

1:12.7

Laura Shin. Thanks for joining this live stream. Before we get started, a quick reminder, nothing

1:17.0

you hear on Unchained as investment advice. This show is for informational and entertainment purposes only,

1:21.9

and my guest and I may hold assets discussed in the show. For more disclosures, visit Unchained Crypto.com.

1:27.6

The Energy Network is an intelligent, decentralized grid that coordinates smart devices

1:32.7

to balance supply and demand. Energy Dollar is the native token of the network from one of

1:38.4

Europe's fastest growing energy startups. Follow at Fuse Energy on X to find out more.

1:45.0

Multi-Chain Advisors is an emerging technology growth firm that has helped create

1:51.0

$50 plus billion in enterprise value for 80 plus clients over the past four years.

1:57.0

They're the partner to help navigate markets.

2:00.0

Build real traction today at multi-chain adv.com.

2:04.1

Quick note before we get into today's episode. Bits and Bips now has its dedicated feed. We're spinning off from the unchained feed and moving to a new podcast and YouTube channel. So if you want to keep up with our weekly live streams and macro meets crypto breakdowns, make sure to subscribe to Bits & Bips directly.

2:19.4

We won't publish there until March, but subscribe today so you can be ready for launch.

2:23.3

Be sure to subscribe to the new feeds at Unchained Crypto.com slash Bips and Bips.

2:31.2

Today's topic is where Sol and Sol go from here. Here to discuss our Tshar Jane, co-founder and managing partner at Multi-Coin Capital,

2:38.9

and Mike at Bolito, co-founder at Blockworks.

...

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