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Solana co-founder says SOL's use as currency has minimal net impact on its value amid liquidity debates.

Protocol Fundamentals
21 May 2026
Crypto Briefing
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Neutral
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Anatoly Yakovenko, Solana's co-founder, stated that SOL's role as a currency results in a 'generally net zero' economic effect, meaning buying, spending, and selling SOL balances out without significantly affecting its price. This comment came during community concerns over pump.fun's introduction of USDC liquidity pairs, which some feared would reduce demand for SOL. Yakovenko argued that at scale, the specific asset used for liquidity—whether SOL, USDC, or BTC—does not materially impact the ecosystem, emphasizing that liquidity itself is what matters. This perspective may calm fears about SOL's demand and price volatility related to liquidity pool changes.

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