In a recent statement, Anatoly Yakovenko, co-founder of Solana, dismissed the widely-usedof “ETH Killer,” asserting a preference for a collaborative approach between Solana and Ethereum. Despite Solana’s remarkable year, marked by an extraordinary 700% gain, Yakovenko emphasized the potential for both blockchain platforms to thrive in tandem.
Solana’s Remarkable Year Challenges
Solana’s extraordinary performance this year has once again brought the “Ethereum killer” narrative to the forefront, given its notable on-chain and trading activity reaching unprecedented levels. However, Yakovenko expressed a different perspective in a post on X (formerly Twitter), promoting the idea of coexistence and healthy competition between SOL, ETH, and other platforms.
Yakovenko refuted the notion of SOL being an “ETH killer,” emphasizing the shared features and potential collaboration between the two technologies. He conveyed optimism about the future of the crypto industry and hinted at the possibility of collaboration with Ethereum.
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 eventually danksharding will have enough bandwidth for all of solana’s data.
It’s crucial to note that SOL was conceived to address Ethereum’s scalability challenges, introducing a solution that combined Proof-of-History and delegated Proof-of-Stake protocols, enabling it to process over 50,000 transactions per second (TPS).
Yakovenko’s views resonated with the broader crypto community, sparking numerous responses on social media platforms. Users on X engaged in discussions about potential successors to SOL and Ethereum, reflecting the dynamic nature of the crypto ecosystem, where innovation and competition drive progress.
One user highlighted the inevitability of a multi-chain future, suggesting that advancements in technology will continually push boundaries. According to Yakovenko and users on X, the coexistence of multiple successful blockchain platforms underscores the adaptability of blockchain technology to diverse solutions, indicating a future where these platforms can thrive together.
Solana’s upward trajectory since mid-October has positioned it at the $63 mark, marking a nearly 15% increase over the past week. This resurgence has rekindled hopes of a bullish market phase, with traders anticipating Solana’s potential to surpass the $70 mark in the near future.