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Solana Founder Warns Against “ETH Killer” Label Amid SOL’s 231% Surge

Published 12/04/2023, 10:58 PM
Updated 12/04/2023, 11:15 PM
Solana Founder Warns Against “ETH Killer” Label Amid SOL’s 231% Surge
SOL/USD
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  • 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.

The post Solana Founder Warns Against “ETH Killer” Label Amid SOL’s 231% Surge appeared first on Coin Edition.

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