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Solana’s Rant Against L2s Feels Like a Distraction | by Chip Mahoney | The Capital | Mar, 2025

by Catatonic Times
March 27, 2025
in Altcoin
Reading Time: 4 mins read
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You possibly can Simp on SUI for those who like, however take into account what Coinbase and Kraken are doing behind the scenes

The Capital
Photograph by Nik on Unsplash

These days, I’ve been watching Solana’s strikes with extra skepticism than regular. Not as a result of the tech isn’t quick. Not as a result of there aren’t good builders constructing on it. However as a result of when a founder begins tearing down everybody else as an alternative of constructing ahead — that’s the second I begin to query what’s actually occurring behind the scenes.

Anatoly Yakovenko, Solana’s co-founder, simply made headlines once more. This time, for publicly dismissing Layer 2s. He didn’t simply specific concern about some dangers — he stated they’re mainly pointless. That L2s are slower, much less safe, and never even price utilizing for those who simply construct on Solana. He went as far as to say L2s are a waste, and that the entire idea must be thrown out.

Now, I would like you to step again and actually take into consideration what meaning.

As a result of in crypto, the loudest particular person within the room is never the one with essentially the most to supply. They’re often those with one thing to show.

And currently, Solana looks like a mission attempting to show it nonetheless issues — not simply by enhancing its community, however by discrediting everybody else.

That’s a foul sign.

Let’s not faux that is occurring in a vacuum.

Solana has been attempting to rewrite its status after a string of points. Community outages. A extremely criticized smartphone launch. Rumors about centralized validators. There’s all the time a brand new distraction, all the time a brand new “large factor” that doesn’t land as promised.

So when Yakovenko goes on the offensive, attacking each L2s and even different L1s — it doesn’t come throughout as assured. It seems like deflection.

It seems like desperation.

In the meantime, one thing large is occurring that Solana can’t ignore — however they’ll attempt to distract you from it.

Coinbase and Kraken are quietly teaming up on what’s being referred to as the “Superchain.” That’s Base and Kraken’s new L2. They’re constructing for modular infrastructure, permissionless protocols, and chain interoperability. They’re not combating Ethereum —…



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Tags: CapitalChipDistractionFeelsL2sMahoneyMarRantSolanas
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