Anatoly Yakovenko sparked discussion by comparing meme coins to loot boxes in mobile gaming during a recent social media exchange.
Solana News: Anatoly Yakovenko sparked discussion by comparing meme coins to loot boxes in mobile gaming during a recent social media exchange.
The Solana co-founder expressed his perspective that meme coins and NFTs lack intrinsic value while in debate with Base creator Jesse Pollak.
Yakovenko acknowledged Solana’s growth has been significantly supported by meme coin activity on the network.
His comments generated varied responses from community members across different viewpoints on token utility.
Memecoins generated 62% of Solana’s decentralized app revenue in June, reaching an all-time high contribution.
The network earned $1.6 billion in revenue during the first half of 2025, primarily driven by meme coin trading.
Pump.fun and PumpSwap remain major revenue sources alongside emerging competitor LetsBonk.
The discussion highlights ongoing industry conversations about value creation in different token categories.
