- 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.
In the tweet, Yakovenko encourages a more collaborative and supportive approach among various blockchain projects rather than the adversarial mindset of one taking out the other. While consenting that blockchain technologies can have overlapping features and compete in the market, he believes competition can be productive.
Emphatically, the Solana founder rejects the idea that one blockchain project’s success necessarily means another’s failure. “I don’t see a future where Solana thrives and somehow Ethereum dies,” Yakovenko remarked.
Expressing his techno-optimism, Yakovenko went on to share his belief that danksharding, a technology associated with Solana, will eventually have sufficient bandwidth to accommodate all of Solana’s data.
Members of the crypto community echoed Yakovenko’s sentiment, emphasizing the need for the longstanding coin vs coin rivalry to end, as collaborative efforts benefit the entire industry. A commenter expressed a view that, over time, the entire Layer 1 aspect should be abstracted to such an ecosystem where consumers are indifferent to the blockchain they transact on.
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