This article was prepared with the assistance of AI tools and reviewed by our editorial team. It is provided for informational purposes and may not reflect all details of the original reporting.
Solana co-founder Anatoly Yakovenko has dismissed memecoins and NFTs as ‘digital slop,’ questioning their long-term value despite their role in driving the network’s growth. His comments sparked a debate with Base creator Jesse Pollak, who defended the cultural significance of such assets. Meanwhile, Solana continues to dominate DEX activity, fueled largely by memecoin trading.
- Yakovenko likened memecoins and NFTs to 'loot boxes,' emphasizing their speculative nature over intrinsic value.
- Solana's DEX dominance in 2025 is largely attributed to memecoin trading, despite Yakovenko's skepticism.
- Politically charged tokens on Solana, like TRUMP and LIBRA, have drawn legal scrutiny amid the memecoin boom.
📎 Source reference: cryptoslate.com