SOL Price Signals a 27% Rally Despite Founder’s Controversial Remarks

Description

Anatoly Yakovenko criticized memecoins and NFTs as “digital slop,” comparing them to loot boxes in mobile games. Memecoins made up 62% of Solana’s DApp revenue in June 2025, generating $1.6 billion in the first half of the year. Solana’s ascending channel pattern and RSI near 67 suggest a potential 27% price rise to $238.40. Solana co-founder Anatoly Yakovenko has sparked controversy by describing the memecoins and non-fungible tokens (NFTs) fueling his network’s growth as “digital slop.” In a d...