“Is Solana Really Fighting to Get into the US Reserve?”
Anatoly Yakovenko, co-founder of Solana, has denied rumors that the network is lobbying to be included in the US government’s cryptocurrency reserve .
“Who represents Solana? It’s like saying Bitcoin has a spokesperson,” Yakovenko said in a social media interview. “ No one asked me, and I didn’t propose anything.”
He emphasized the decentralized nature of Solana, arguing that the idea of an “ official representative” is meaningless.
The rumor stems from President Donald Trump’s March 2 statement, when he announced plans to create a strategic digital asset reserve, aiming to incorporate cryptocurrencies into US financial policy.
The news sent markets into a frenzy: Bitcoin crossed $94,000, and Ether surged 19%. But it also sparked a heated debate about how government intervention in cryptocurrencies could undermine decentralization, a core value of the industry.
Yakovenko not only denied campaigning but also opposed the idea of government-controlled reserves.
He warned that this could “kill” the libertarian spirit of cryptocurrencies. Instead, he suggested: if reserves are required, US states should manage their own digital assets to create economic competition and reduce the risk of the Federal Reserve.
However, he did not give specific criteria, only emphasizing that everything needed to be transparent and reasonable.
Not only Yakovenko, many other industry leaders are also skeptical of Trump’s plan . Lee Bratcher from the Texas Blockchain Council and Brian Armstrong, CEO of Coinbase, both believe that the reserve should only contain Bitcoin – the oldest and most decentralized cryptocurrency.
Meanwhile, some investors are excited because the plan shows that Washington is becoming more open to cryptocurrencies.
