Ethereum Faces New Layer-2 Claim, Solana Founder Sparks Debate

Solana co-founder Anatoly Yakovenko ignited a new debate by asserting that Ethereum is now officially a Solana Layer 2 (L2) blockchain. This provocative claim stems from the way wrapped SOL operates on ETH and the need for exit security. His comments follow Ethereum’s dominance in chain fees, surpassing Solana’s performance in both daily and monthly metrics. Despite facing selling pressure, Solana is showing resilience with strong trading volume and positive technical indicators, leading some analysts to predict a price rebound.