Crypto Community Blasts Solana Founder Over This | Crypto News
Solana co-founder Anatoly Yakovenko is dealing with backlash from the crypto group over his feedback about meme cash and non-fungible tokens (NFTs). Yakovenko made these remarks against these tokens despite his community being home to most of the highest meme cash by market capitalization.
Crypto Community Reacts To Solana Founder’s Comments
The crypto group criticized Anatoly Yakovenko following his X post, in which he described meme cash and NFTs as “digital slop” and ones that have no intrinsic worth. The Solana founder added that, like a cell recreation loot box, people spend $150 billion a 12 months on cell gaming, in reference to his ideology about meme cash and NFTs.
Crypto marketer Anastasiia Bobeshko described the Solana founder’s feedback as being humorous, contemplating the traction that memes have introduced into the Solana ecosystem. She additional famous that the community made $1.6 billion in the first half of 2025 thanks to these meme cash. Another member of the crypto group, Ethereum developer Hanniabu, had earlier echoed a related sentiment, suggesting that the community could be nothing without meme cash.
Null, a member of the BONK group, declared that the Solana community would have never been where it’s at this time without meme cash. Yakavenko replied sarcastically, saying, “Absolutely. Without lootboxes, iOS would have negligible revenues for Apple.”
Meanwhile, Crypto group member Art Chick requested the Solana founder if he had a downside with memecoin merchants spending $150 billion a 12 months on his chain, but they don’t see it as cell gaming. Yakovenko responded and alluded to an earlier reply in which he defined that what is important is the need to monitor information, repair issues, use snipers, and work in the direction of sandwich-resistant market implementations.
Difference Between Solana and Base Meme Coins
It is price noting that the Solana founder’s remark about meme cash stemmed from when he criticized a remark from Base’s lead developer Jesse Pollak, who urged that Zora meme cash (that are Base tokens) are more beneficial than those from Solana’s Pump.enjoyable. In response, Yakovenko requested Pollak if Zora cash have any claims on future money flows from creators, one thing which Pump.enjoyable has.
Pollak then clarified that each coin’s worth relies upon on their fundamentals, which is why he believes that not all meme cash are the identical. However, the Solana founder doesn’t consider meme cash as a complete have any “intrinsic value.”
Despite his remark, these meme cash, particularly the highest ones like Fartcoin, BONK, PENGU, and TRUMP, proceed to contribute to a vital quantity of the each day trading quantity on the community. Notably, the Solana price surged to a new all-time high (ATH) of $294 in January, around the time the TRUMP meme coin first launched. SOL witnessed a vital surge in its demand at the time, with traders requiring the altcoin to buy the meme coin.
At the time of writing, the Solana price is trading at around $183, down over 5% in the final 24 hours, according to information from CoinMarketCap.
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