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Anatoly Yakovenko: Memecoins, NFTs are popular in Solana because of slow regulation

Source: CoinWorld
Solana co-founder Anatoly Yakovenko said the boom of memecoin and NFT on blockchain is not within plans, but the result of slow adaptation to the regulatory environment. He stressed that Solana has a global operational advantage over the geographical limitations of traditional finance and is committed to future cooperation with institutions, positioning Solana as an infrastructure rather than a competitor. Although memecoin generates considerable income, Yakovenko reiterates his point of view that they lack intrinsic value.
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