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Co-founder of Solana Anatoly Yakovenko denounced meme coins and non-fungal tokens (NFTs) as “digital slop”.
“Memecoins and NFTs are digital slop and have no intrinsic value,” Yakovenko wrote on xComparing them to plunder boxes in free play mobile games. “I said this for years.”
The comments caused a stir in the crypto community, where critics emphasize the dependence on Solana of Meme Coin and NFT activity to stimulate traffic, costs and user involvement.
Crypto leaders debate the intrinsic value of meme coins and NFTs
His post came during a heated debate with Jesse Pollak, maker of the Basic Layer 2 network, about the actual value of the assets.
Yakovenko argued that meme coins and NFTs only get value through speculation, while Pollak pushed back and said that their creative content has value in itself, just like art in a museum.
“The content itself is valuable. Just like a painting, it is fundamentally valuable, regardless of whether you charge people in the museum to see it,” he said.
Yakavenko, however, acknowledged that without meme coins and NFTs the SOL ecosystem would not be where it is today.
The content itself is valuable. Ads are a way to make money with that value. But the content itself is valuable. Just as a painting is fundamentally valuable, regardless of whether you charge people in the museum to see it.
– Jesse.base.eth (@jessepollak) July 27, 2025
Yakovenko criticized Meme Coin Stance
With Pump.Fun, one of the leading memin launches, at the Solana Blockchain, Yakovenko’s comments about meme coins ‘and NFTS’ made a lot of criticism.
“Mash your users and place a terrible take,” said A user on X as an answer.
“I am not a big fan of how Vitalik dealt with Memecoins (to confuse them in 1 clip in 1 clip when someone sent them to his wallet), but I think Toly’s approach is much more unaducable and constantly promotes them while they believed they are worthless,” ” written Another user.
Yakovenko’s newest repetition of his meme coin stance comes after Burwick Law, on behalf of a number of claimants, has filed a lawsuit against Pump.fun, Yakavenko and other Solana Ecosystem partners for alleged runs of an without permit Meme Coin Casino.
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