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Founder of cryptocurrency Solana promised not to «kill» Ethereum

11:26 am, October 18, 2022

Anatoliy Yakovenko, co-founder of the Solana cryptocurrency, compared the Solana and Ethereum blockchains, calling them completely different. «It's funny to me that people call Solana an Ethereum killer, because we are so different,» Yakovenko said while speaking to Decrypt journalists.

According to Anatoliy Yakovenko, the Solana Labs team often monitors the success of Ethereum, comparing cryptocurrencies with each other, but SOL has no ambitions to push ETH out of the cryptocurrency market. «Sometimes we track our success in comparison to Ethereum in terms of developer adoption. It is important to do this because they are the market leader,» the Solana co-founder emphasized.

Despite Yakovenko’s statements, some cryptocurrency experts are convinced that Solana has the potential to significantly outperform Ethereum and all other altcoins in the next stage of the market, when it starts to grow. This is the opinion of former Goldman Sachs executive Raul Pel, who believes in the future of the Solana blockchain even despite the constant technical failures of the project.

«I like Solana. Yes, I realize that the blockchain is constantly breaking down. But I also realize that everyone knows this, so there is no information advantage in this.» It is precisely because of the project’s stability that Pel is confident in the future of SOL — he believes that the main threat to it could be a blockchain hack. If this does not happen, the analyst believes that Solana will show the greatest growth as soon as the market turns the other way and starts growing.

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