Crypto Community Blasts Solana Founder Over This | Solana News

Solana co-founder Anatoly Yakovenko is going through backlash from the crypto neighborhood over his feedback about meme cash and non-fungible tokens (NFTs). Yakovenko made these remarks towards these tokens regardless of his community being home to most of the highest meme cash by market capitalization. 

Crypto Community Reacts To Solana Founder’s Comments

The crypto neighborhood criticized Anatoly Yakovenko following his X post, by which he described meme cash and NFTs as “digital slop” and ones which have no intrinsic worth. The Solana founder added that, like a cellular sport loot box, people spend $150 billion a 12 months on cellular gaming, in reference to his ideology about meme cash and NFTs. 

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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 within the first half of 2025 thanks to those meme cash. Another member of the crypto neighborhood, Ethereum developer Hanniabu, had earlier echoed a related sentiment, suggesting that the community can be nothing with out meme cash. 

Null, a member of the BONK neighborhood, declared that the Solana community would have by no means been the place it’s immediately with out meme cash. Yakavenko replied sarcastically, saying, “Absolutely.  Without lootboxes, iOS would have negligible revenues for Apple.” 

Meanwhile, Crypto neighborhood member Art Chick requested the Solana founder if he had a downside with memecoin merchants spending $150 billion a 12 months on his chain, however they don’t see it as cellular gaming. Yakovenko responded and alluded to an earlier reply by which he defined that what’s 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 instructed that Zora meme cash (that are Base tokens) are more invaluable than these 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. 

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Pollak then clarified that every coin’s worth relies 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 entire 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 every day trading quantity on the community. Notably, the Solana price surged to a new all-time high (ATH) of $294 in January, across the time the TRUMP meme coin first launched. SOL witnessed a vital surge in its demand on the time, with buyers requiring the altcoin to buy the meme coin. 

At the time of writing, the Solana price is trading at round $183, down over 5% within the final 24 hours, in keeping with information from CoinMarketCap.

Featured image from Adobe Stock, chart from Tradingview.com