157 - Will Solana Make It with Anatoly Yakovenko
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 6 February 2023
⏱️ 85 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF | Unpacking the episode:
https://shows.banklesshq.com/p/debrief-anatoly-solana
------
✨ COLLECTIBLES | Collect this episode:
https://collectibles.bankless.com/mint
------
In today’s episode, we have the creator of Solana and the Co-founder of Solana Labs, Anatoly Yakovenko. We brought on Anatoly to ask: is Solana going to make it?
Price is down. A major public backer…SBF is down for the count…will Solana make it? Will it survive the bear market? Anatoly shares his thoughts.
In addition, he also shares the full Solana story, back to its earliest inflection points all the way to the current state of Solana today.
------
📣 MetaMask Learn
https://bankless.cc/metamaskshow
------
🚀 JOIN BANKLESS PREMIUM:
https://newsletter.banklesshq.com/subscribe
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://bankless.cc/kraken
🦄UNISWAP | ON-CHAIN MARKETPLACE
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS
https://bankless.cc/earnifi
------
Topics Covered
0:00 Intro
7:58 2022 & 2023
10:05 Solana Origins
14:40 Passage of Time as Data
25:30 Bandwidth Trade-offs
29:29 SOL as Money?
32:04 Security
36:24 Continuing the Solana Story
44:10 Early Day Solana Vibes
48:20 Solana Growth Acceleration
51:31 2021 Solana Price
53:12 The Crypto VC Narrative
54:37 Solana Haters
59:55 FTX & SBF
1:07:16 Solana Critique
1:09:35 Cultural Debt
1:14:46 The State of the Solana Community
1:19:37 The Future of Solana
1:24:36 Solana VM
1:26:39 Will Solana Make It?
1:31:15 Final Solana Questions
Closing & Disclaimers
------
Resources:
Anatoly
https://twitter.com/aeyakovenko
Firedancer
https://jumpcrypto.com/firedancer/
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | My guess is if you looked at all the product launches from inception of crypto to now to what's going to happen in the next like 12 to 18 months |
| 0:09.0 | in the next 12 to 18 months probably going to be way more than everything else combined up to this point. |
| 0:14.0 | And if people are launching products, their grinding for product market fit, they're going to get users, |
| 0:19.0 | means crypto is going to survive. It's just like that's going to happen. |
| 0:24.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:29.0 | This is how to get started, how to get better, how to front run the opportunity. |
| 0:32.0 | This is Ryan Sean Adams, and I'm here with David Hoffman, and we're here to help you become more bankless. |
| 0:38.0 | Talking about Salana today, the chips are down, prices are down, a major public backer of Salana. |
| 0:44.0 | SBF, he's down for the count as well. He's definitely not helping the sentiment. |
| 0:47.0 | So we brought on the Salana co-founder to ask the question, is Salana going to make it? |
| 0:54.0 | A few things to look out for in this episode. |
| 0:57.0 | Number one, we go through the full story of Salana back to its earliest moments. |
| 1:00.0 | Number two, we talk about the state of Salana today. |
| 1:03.0 | Both post FTX, pre FTX as well, and at the bottom of the bear market that we find ourselves in. |
| 1:09.0 | Well, it might not be the bottom yet. |
| 1:11.0 | We'll see. And number three, and a Toli's reaction when he first heard the news of SBF. |
| 1:18.0 | And lastly, we ask the question that I think is on a lot of people's minds in this market. |
| 1:23.0 | Will Salana survive the bear? And if it does, how he thinks it will make it out. |
| 1:28.0 | David, you really wanted to have this podcast. Tell us why. |
| 1:31.0 | I really think the timing for this episode is right. |
| 1:34.0 | I see currently a lot of parallels between the moment that I decided to grow a bunch of conviction about Ethereum |
| 1:40.0 | and the state of the Salana ecosystem right now. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.