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Solana co-founder Anatoly Yakovenko has sparked controversy by dismissing meme coins and NFTs as ‘digital slop’ with no intrinsic value. The crypto community has criticized his remarks, given Solana’s reliance on meme coin trading volume. Yakovenko’s comments also reignited debates about the value of meme coins compared to other blockchain projects.
- Solana’s meme coins contributed $1.6 billion in revenue in H1 2025, highlighting their financial impact on the network.
- Yakovenko compared meme coins to mobile game loot boxes, arguing both lack intrinsic value despite generating massive spending.
- The debate between Yakovenko and Base’s Jesse Pollak centered on whether meme coins like those on Pump.fun or Zora have stronger fundamentals.
📎 Source reference: newsbtc.com