
Anatoly Yakovenko, co-founder of Solana, openly criticized meme coins and NFTs, describing them as speculative 'digital slop' lacking intrinsic value, while acknowledging Solana's significant role in hosting a multi-billion dollar meme coin ecosystem. Despite his skepticism, Solana's vibrant market saw tremendous growth in meme coin launches, trading volumes, and NFT activity throughout 2024 and 2025, supported by its robust technical infrastructure and growing developer community.
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Solana Co-Founder Critiques Meme Coins and NFTs as Speculative Assets Despite Market Boom
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