Crypto and Ethereum advocate Adriano Feria is bearish on Solana, not because of the coin’s price action in the medium to long term but because of the blockchain’s top leadership.
In an X post on January 5, Feria asserted that Solana’s leading figures, including Anatoly Yakovenko, the co-founder, and Mert, one of the project’s top developers, are either “trolls” or “idiots.” What’s worse, the observer notes, is that Solana’s followers continue to support them “blindly.”
Feria: Solana Leaders Issue Contradicting Statements
In the post, Feria highlighted several instances where Solana’s leadership has made “contradictory” or “inaccurate” claims. For example, the analyst pointed out that Yakovenko has, in the past, flip-flopped on the relationship between Solana and Ethereum.
To illustrate, Feria said the Solana co-founder initially suggested that Ethereum become a layer-2 solution for Solana. However, the executive later asserted that Solana was already a layer-2 solution for Ethereum.
In essence, Yakovenko seems to have suggested that given Ethereum’s scaling challenges, Solana, a “high throughput blockchain with low fees,” can process Ethereum transactions as an off-chain option. This setup is the same approach taken by Arbitrum, Base, or Optimism, for example, to relieve the world’s second-largest blockchain by market cap.
Feria also criticized Solana developer and influencer Mert for “lacking” fundamental knowledge of crypto principles. The analyst claimed the developer habitually resorts to personal attacks rather than engaging in constructive discussions. Earlier, Feria continued, Mert could not clearly explain Solana’s historical transaction processing capacity or the concept of “consensus overhead.”
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Author: Dalmas Ngetich
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