Kyle Samani's explanation, co-founder of Multicoin Capital, for leaving Ethereum in 2017

Kyle Samani, co-founder of Multicoin Capital, shared an honest reflection on his early journey in the world of cryptocurrencies — and the moment he decided to step away from Ethereum despite its historical success. In a post on platform X, Samani said that Ethereum was his entry point into the cryptocurrency industry and his first major source of wealth, describing it as a mentor and foundation for his career. Samani wrote: “Ethereum introduced me to the world of cryptocurrencies and was my first source of wealth.” The historical rise of Ethereum — and the breaking point.