Anatoly Yakovenko, co-founder of Solana, says using SOL as a currency is 'generally net zero' for its value. In a cycle of buy, spend, and sell, the token circulates without accumulating, yielding negligible economic impact.
The remarks came amid community debate over pump.fun's optional USDC liquidity pairs, which some feared would reduce demand for SOL. Yakovenko countered that the asset used for liquidity is irrelevant at scale, comparing LP pools to loans rather than permanent lockups.
His core argument: liquidity matters, not the denomination.