Solana Co-Founder Questions Value of NFTs and Memecoins Despite Their Popularity

  • TL;DR Solana co-founder Anatoly Yakovenko called memecoins and NFTs “digital slop” with zero intrinsic value, triggering accusations of hypocrisy. Memecoins generated 62% of the blockchain's dApp revenue in June and $1.6B in H1 2025, primarily via platforms like Pump.fun and LetBonk.