Anatoly Yakovenko: I don’t know why Meme coin chose Solana instead of Ethereum

Anatoly Yakovenko, co-founder of Solana and CEO of Solana Labs, said the Meme transaction was bizarre but provided a welcome stress test for the network. The meme craze ended up being a mixed bag for Solana, leading to an influx of usage and liquidity but also problems with its architecture that left some traders unhappy. Anatoly Yakovenko says he doesn’t know why Solana has become the ecosystem of choice for degen meme traders instead of Ethereum, with some speculating that it’s down to Solana’s fees, which are generally much lower than those on other networks. (CoinDesk)