Summary
- Solana (SOL) reportedly faces founder risk once again.
- Controversy is spreading over Yakovenko’s statement that ‘community is useless’, leading to community backlash.
- As a project that has grown significantly based on meme coins and its community, Solana may see investor sentiment negatively affected by its founder’s comments.
The cryptocurrency Solana (SOL) is facing 'founder risk'. This comes as Solana founder Anatoly Yakovenko continues to make controversial remarks on social media (SNS).
According to BeInCrypto, a cryptocurrency-focused media outlet, on the 4th (KST), Anatoly Yakovenko, founder of Solana, responded "Community is useless" to a post by Nikita Bier, product lead of X (formerly Twitter), who asked, 'If you could remove one feature from X, what would it be?'.
Yakovenko’s remark sparked an immediate backlash within the community. Jesse Pollak, founder of Base, countered the comment by saying "community is everything," which was echoed by many community users as well.
One user questioned, “Why does Yakovenko hate the only people raising Solana’s price?”, and another criticized, “He’s biting the hand that feeds him.” This is because Solana is a prominent cryptocurrency that has grown largely thanks to meme coins and its community.
In fact, the Solana-based cryptocurrencies with the largest market caps are meme coin-related tokens such as Bonk (BONK), OfficialTrump (TRUMP), Pudgy Penguin (PENGU), and PumpFun (PUMP).
This is not the first time Yakovenko has caused controversy with his statements. Previously, the founder also created a stir on X, saying, “Meme coins and NFTs are digital garbage and have no intrinsic value.”
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
