Solana co-founder Anatoly Yakovenko stated that the rise of memecoin has stress-tested the Solana network, making it more resilient and turning past disruptions into opportunities for innovation. He said: "Just like NFTs... we are fortunate to be able to solve a bunch of engineering problems with memecoin, which will only make the network and all systems stronger."
As for the popularity of memecoin on Solana, Yakovenko said he was initially surprised but less so in retrospect. He said: "In almost all digital economies, entertainment is the biggest area for making money... When I start to think back, it seems almost obvious."