Coin Edition -
- Solana co-founder Anatoly Yakovenko has cautioned the crypto community against the “Ethereum killer” label.
- Yakovenko’s counsel comes amid SOL’s 90-day surge from $19.326 to $64.15.
- He rejects the idea that one blockchain project’s success necessarily means another’s failure.
Over the last 90 days, Solana (SOL) has grown 231% from $19.326 to $64.15, with the bullish surge taking the crypto community by storm. On the other hand, the second largest crypto project, Ethereum, has grown approximately 38.5% through the same period from $1624 to $2,250.27.
Amid this unexpected turnout, Anatoly Yakovenko, co-founder of Solana and the CEO of Solana Labs, took to X to caution the crypto community against parading Solana as an Ethereum killer in the unfolding crypto market bull run.
“Don’t bring back last cycle ‘ETH killer’ bs,” Yakovenko tweeted, emphasizing that such claims are lame.
Don’t bring back last cycle “eth killer” bs. It’s lame. Pareto efficient technologies can have overlapping features and will compete, but that’s all ok. I don’t see a future where solana thrives and somehow eth dies. I am such a techno optimist that I am certain that…— toly