Solana Founder Anatoly Yakovenko Discusses Crypto Downturn on Disrupt

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These are turbulent times for both crypto investors and projects. Over the past few months, the prices of Bitcoin and Ethereum tokens have dropped significantly. But investors have added even more poignancy to the success stories of the 2021 bull market. Solana, a newer blockchain with early Silicon Valley supporters, watched the price of his token fall from $260 in November 2021 to $26 last month.

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Despite an aggressive selloff, Solana continues to show signs of adoption as DeFi protocols and NFT storefronts on its network begin to see more activity. The platform’s lower fees have attracted developers – the company links its unique active monthly accounts to more than 21 million — but the network is still being criticized for long outages.

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What does a crypto company do in the face of such a difficult situation? In the case of Solana, he launched web3 oriented mobile phone. It’s a bold move, and one of the reasons we’re excited to announce that Solana co-founder Anatoly Yakovenko will be joining us for a fireside chat on stage at TechCrunch Disruption October 18-20 in San Francisco.

In a broad conversation, we will talk with Yakovenko about this move to mobile and its potential appeal to a wider audience, rather than what it means for hardcore crypto enthusiasts. We will ask about the steps Solana is taking to become a blockchain for dapp developers.

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We’re also very curious to see how it will handle the challenges ahead, as the cryptocurrency price slump raises concerns about how new mainstream networks will support the rise in enthusiasm.

And just when you might be wondering if crypto winter is coming, Solana’s investment arm, Solana Ventures, is launching $100 million fund for South Korean startups web3.

We have a lot of questions, and here is information about a person who can provide answers.

Anatoly Yakovenko, co-founder of Solana, has almost twenty years of experience building high performance operating systems. He led OS development at Qualcomm and has held engineering positions at Dropbox and Mesosphere. Yakovenko holds a BS in Computer Science from the University of Illinois at Urbana-Champaign.

TechCrunch Disruption returned in person October 18-20 In San Francisco. Early action means big savings. Buy your pass now and save up to $1300. Student, government, and non-commercial tickets are available for as little as $195. Price increase from 29 July.



Credit: techcrunch.com /

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