Anatoly Yakovenko, the co-founder of Solana, believes that the complexity of Ethereum (ETH) highlights the mission of Solana (SOL) in a recent interview on Bankless. Yakovenko’s goal is to build a hyperfast chain that is reliable and efficient.

In his interview, Yakovenko expresses that while network effects and total value locked (TVL) are important, his focus is on creating a platform that he knows will work effectively. He emphasizes the importance of having multiple layer-2 solutions and different environments for digital assets, as this diversity allows for better price discovery and product market fit. Yakovenko encourages the development of various layer-2 solutions and innovative digital assets, stating that Solana aims to build a chain that operates at the fastest speed possible within the constraints of physics and hardware capabilities.

At the time of writing, SOL is trading at $173.10, with a more than 4% increase in the past 24 hours, making it the 5th-ranked crypto asset by market capitalization. To stay updated on the latest news and price movements, subscribe to receive email alerts from The Daily Hodl and follow them on various social media platforms.

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