13 hours ago
Solana co-founder Anatoly Yakovenko is facing backlash from the crypto assemblage implicit his comments astir meme coins and non-fungible tokens (NFTs). Yakovenko made these remarks against these tokens contempt his web being location to astir of the apical meme coins by marketplace capitalization.
Crypto Community Reacts To Solana Founder’s Comments
The crypto assemblage criticized Anatoly Yakovenko pursuing his X post, successful which helium described meme coins and NFTs arsenic “digital slop” and ones that person nary intrinsic value. The Solana laminitis added that, similar a mobile crippled loot box, radical walk $150 cardinal a twelvemonth connected mobile gaming, successful notation to his ideology astir meme coins and NFTs.
Crypto marketer Anastasiia Bobeshko described the Solana founder’s comments arsenic being funny, considering the traction that memes person brought into the Solana ecosystem. She further noted that the web made $1.6 cardinal successful the archetypal fractional of 2025 acknowledgment to these meme coins. Another subordinate of the crypto community, Ethereum developer Hanniabu, had earlier echoed a akin sentiment, suggesting that the web would beryllium thing without meme coins.
Null, a subordinate of the BONK community, declared that the Solana network would person ne'er been wherever it is contiguous without meme coins. Yakavenko replied sarcastically, saying, “Absolutely. Without lootboxes, iOS would person negligible revenues for Apple.”
Meanwhile, Crypto assemblage subordinate Art Chick asked the Solana laminitis if helium had a occupation with memecoin traders spending $150 cardinal a twelvemonth connected his chain, but they don’t spot it arsenic mobile gaming. Yakovenko responded and alluded to an earlier reply successful which helium explained that what is important is the request to show data, hole problems, usage snipers, and enactment towards sandwich-resistant marketplace implementations.
Difference Between Solana and Base Meme Coins
It is worthy noting that the Solana founder’s remark astir meme coins stemmed from erstwhile helium criticized a remark from Base’s pb developer Jesse Pollak, who suggested that Zora meme coins (which are Base tokens) are much invaluable than those from Solana’s Pump.fun. In response, Yakovenko asked Pollak if Zora coins person immoderate claims connected aboriginal currency flows from creators, thing which Pump.fun has.
Pollak past clarified that each coin’s worth depends connected their fundamentals, which is wherefore helium believes that not each meme coins are the same. However, the Solana laminitis doesn’t judge meme coins arsenic a full person immoderate “intrinsic value.”
Despite his comment, these meme coins, particularly the apical ones similar Fartcoin, BONK, PENGU, and TRUMP, proceed to lend to a important magnitude of the regular trading measurement connected the network. Notably, the Solana terms surged to a caller all-time precocious (ATH) of $294 successful January, astir the clip the TRUMP meme coin archetypal launched. SOL witnessed a important surge successful its request astatine the time, with investors requiring the altcoin to acquisition the meme coin.
At the clip of writing, the Solana terms is trading astatine astir $183, down implicit 5% successful the past 24 hours, according to data from CoinMarketCap.
Featured representation from Adobe Stock, illustration from Tradingview.com
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