- Solana boss Anatoly Yakovenko regrets a controversial ad, which he describes as “split”.
- The Solana inflation proposal failed by Solana because it only 43.6 % instead of the required Two -thirds majority received.
The CEO of Solana, Anatoly Yakovenko, has commented on a recently deleted advertisement that triggered criticism in the crypto community. The display, which was posted on the official X account of Solana, was removed after it had received negative reactions, in particular because of its statements about gender variety. CNF reported.
The spot entitled “America is Back – Time to Accelerate” was shared on Monday and reached over 1.4 million views before it was removed. Many users criticized the video because of its political undertones, some described it as “insulting” and “split”.
Yakowenko reacted On the controversy and admitted that he regretted not having spoken out against advertising earlier.
“The ad was bad and it is still gnawing on my soul. I am ashamed to downplay it instead of describing her as what it is – in common and a blow to a marginal group.”
The ad was bad, and it’s still gnawing at my soul. I am ashamed I downplayed it instead of just calling it what it is – mean and punching down on a marginalized group. I am grateful for the ecosystem devs and artists that immediately called it what it is both publicly and…
– Toly
(@aeyakovenko) March 19, 2025
He also emphasized that he would work to ensure that the Solana Foundation continues to focus on its main task.
“I will do everything I can to ensure that the Solana Foundation focuses on its mission of decentralization and the development of open source software and adheres to the cultural wars.”
Solana Foundation remains silent
While Yakovenko openly addressed the situation, the Solana Foundation has not made an official explanation. The Solana X account managed by the foundation, however, shared Jakowenko’s message with its 3.3 million followers.
The foundation, founded in 2020, was launched to promote the introduction of decentralized technologies. It received the intellectual property of Solana Labs and focused on expanding the blockchain ecosystem. Representatives of the foundation did not respond to media inquiries regarding the removal of the ad.
Despite the persistent controversy is Solanakurs In the last 24 hours, has risen by 3.6 % and noted at $ 131.14. However, the cryptocurrency below remains almost 25% in the last 30 days, based on Coingecko data.
Market analysts continue to observe whether the recent challenges of Solana will influence the mood of investors in the long term. The wider cryptocurrency market was confronted with volatility, with other important assets being subjected to fluctuations.
Solana Governance proposal suffers setback
In the meantime, the Solana community recently discussed the Solana Improvement Document 0228 (SIMD-0228), which suggested to switch the network’s fixed inflation plan to a dynamic model. How CNF reportedthe proposal to reduce inflation failedhowever because it only 43.6 % instead of the required Two -thirds majority received.
In the event of adoption of the proposal, the output of SOL-TOKEN would have been adapted to the percentage of the overall offer, which would possibly have an impact on the incentives for validers and the tokenomics of the network as a whole. Yakovenko addressed the situation in a recently published article and pointed out that he continues to focus on the Solana economic model and the decisions of corporate management.
Since important governance votes and market fluctuations shape the future of Solana, the community remains attentive to further developments.
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