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Solana Co-Founder Anatoly Yakovenko: On-Chain Finance Will Change Everything

14 snips
Oct 1, 2025
Anatoly Yakovenko, co-founder of Solana and a former Qualcomm engineer, dives into how his platform is revolutionizing finance. He highlights Solana's speed, the transformative power of tokenization, and the emergence of on-chain capital markets. Anatoly discusses how NFTs and meme coins stress-tested the network, and the rising importance of decentralized applications. He also shares insights on the impact of AI on smart contracts and Solana Mobile's challenge to tech giants, emphasizing a future where traditional assets exist on-chain.
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INSIGHT

On-Chain Assets Will Reshape Finance

  • Putting tradable assets on-chain will reshape finance by reducing risk, fees, and improving prices for users.
  • Anatoly Yakovenko argues on-chain markets can lower frictions that slow global wealth creation.
ANECDOTE

The Two-Coffee Eureka That Started Solana

  • Anatoly had a late-night eureka after two coffees and a beer which sparked Solana's design using TDMA ideas from cellular networks.
  • His back-of-envelope estimate predicted a thousand-fold speedup over Ethereum and launched the project.
INSIGHT

Performance Suits Trading Use Cases

  • Solana was designed for execution and trading where latency and verifiable data matter most.
  • Encoding fairness in protocol rules lets decentralized systems replace centralized exchanges for certain markets.
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