Solana Co-Founder Anatoly Yakovenko reacted to Solana being named as part of the proposed strategic crypto reserve launch.
The co-founder stated that the idea of a crypto reserve negates the premise of decentralization on which the crypto industry is built on.
Yakovenko made the remarks in reaction to Unchained Crypto founder Laura Shin’s X post, which revealed the lobbying that led to the strategic crypto reserve idea.
Additionally, the Solana Co-founder argued that the choice of assets for the reserve must be based on objectively measurable requirements.
“If there has to be a reserve, it’s based on objectively measurable requirements. I don’t care what they are; they can even be constructed such that only Bitcoin satisfies them right now. They just must be objectively measurable and rationally justified. If there is a target to beat, the Solana ecosystem will get it done.” Anatoly stated.
Solana was named one of the assets to be considered for the crypto reserve despite growing complaints about the platform’s role in propping up meme coins polluting the industry.
Anatoly’s Role in Shaping Solana
Solana was co-founded by Anatoly Yakovenko, widely recognized as the primary visionary behind the high-performance blockchain.
Yakovenko, a former software engineer at Qualcomm, launched Solana in 2017, aiming to address scalability issues plaguing earlier blockchains like Bitcoin and Ethereum.
Although his formal role has evolved, Anatoly Yakovenko remains a pivotal figure in Solana’s ecosystem. Yakovenko, who co-founded Solana Labs in 2017 and served as its CEO until December 2024, stepped down to focus on technical innovation and strategic direction.
He handed the CEO reins to CTO Lily Liu, a move announced late last year to allow him to dive deeper into coding and product development — his true passions.
Today, he is the Chief Innovation Officer at Solana Labs, where he drives advancements like the Firedancer validator client, aiming to push Solana’s transaction throughput beyond 1 million TPS.
