In the grand tapestry of our digital age, where pixels dance with promise, a certain co-founder of Solana, the illustrious Anatoly Yakovenko, has flung open the door of discourse, proclaiming, with fervor akin to the most impassioned orators of yore, that meme coins and NFTs are but “digital slop.” Yes, you read that right! What a delightful contradiction, that he would dare to denounce the very elements that prop up the house of Solana, much like the weighty bricks that one might find in a less-than-sturdy wall. 🤔
The Great Debate: Art or Waste? 🎭
In an audacious proclamation via the ephemeral realm of X, the spirited Yakovenko reignited the age-old conflagration regarding the intrinsic value of these digital assets. In his own words, he lamented:
“I’ve mused upon this for years. Memecoins and NFTs are but digital slop, akin to the loot box of a mobile game. People squander a staggering $150 billion annually on such frivolities.”
— toly 🇺🇸 (@aeyakovenko) July 27, 2025
A Battle of Wits: Pollak Joins the Fray
Enter Jesse Pollak, the creator of Base, a knight wielding the sword of common sense, who declared that, much like the artwork that adorns the hallowed halls of museums, these digital collectibles demand a place in the pantheon of value.
“The content itself possesses worth. Just as a painting is innately valuable, irrespective of the entry fee at the gallery,” chimed Pollak, as if standing before an audience at the Louvre, declaring that every stroke of the brush breathes life into the canvas.
Yet, amidst this revelry of rhetoric, Yakovenko, in a rare moment of clarity, admitted that Solana’s surging ascent was partly fueled by the very meme coins he so disdainfully scorned, suggesting that, without the loot boxes, even the almighty Apple might see its golden apples rot. 🐍🍏
“Indeed! Without loot boxes, iOS may have negligible revenues for Apple.”
— toly 🇺🇸 (@aeyakovenko) July 27, 2025
The Lifeblood of Solana: Meme Coins
According to the oracle over at Syndica, a firm most invested in Solana’s prospects, a staggering 62% of the spoils of Solana’s decentralized applications derive from meme coins. One would think such revelations would prompt a reconsideration of the term “slop.” 🤷♂️
Lo and behold, in 2025, Solana has already amassed a jaw-dropping $1.6 billion in revenue, the majority of it a tribute yielded by these amusing coins.
A Pivotal Moment: Chart Signals Point to Breakthrough 🌌
As the wise analyst Ali Martinez noted, a crucial psychological border lies at $200, an ethereal threshold promising liberation and, perchance, a gallant race toward new heights, free from the chains of resistance.
“Once Solana $SOL successfully breaches the hallowed ground of $200, the sky shall be the limit for new all-time highs.”
— Ali (@ali_charts) July 26, 2025
Glassnode’s intricate URPD chart reveals a tenuous distribution of price history amidst $200 and the mythical ATH zone. Intriguingly, over 36 million SOL tokens were last seen frolicking at the $165 mark, while a mere 21 million have sauntered at the $200 level. The numbers game here resembles a particularly tragic theater performance.

SOL Price Chart with Indicators | Source: TradingView
Presently, as SOL leisurely trades near the $192 mark, it draws itself nearer to the pinnacle of a triangular formation. Should it burst forth above the $200–$205 citadel, accompanied by the whispers of Fibonacci resistance echoing at $185.99, we might see it aim for celestial heights beyond $204.85.
If such bounteous gains manifest, and Solana embraces a destiny steeped in utility, one might consider the SOL token akin to a rare gem ready for discovery, ripe for acquisition before the calendar turns anew.
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2025-07-28 18:06