The post Solana and Base Network Clash Over New Bridge appeared on BitcoinEthereumNews.com. Solana co-founder Anatoly Yakovenko struck at the core of Coinbase’s Base expansion strategy this weekend, dismissing the Ethereum layer-2 network’s new bridge as an “alignment bullshit.” In a sharp rebuke of Base lead Jesse Pollak, Yakovenko argued that cross-chain bridges are rarely neutral infrastructure. He said they act as vectors for value capture, deciding where fees settle and which ecosystem benefits. Sponsored Solana Rejects Base’s ‘Alignment’ Message Yakovenko contended that Base applications must migrate their computation to Solana so that transaction fees and economic activity accrue to Solana validators. “Migrate base apps to Solana so they execute on Solana, and the transactions are linearized by Solana staked block producers. That would be good for Solana developers. Otherwise, it’s alignment bullshit,” he said. The dispute ignited after Pollak announced the integration last week, framing it as a “bidirectional” tool to unlock shared liquidity. “We built this as a two-way bridge. The whole point is to unlock movement both ways because we are hearing from Solana teams that they want access to Base, and from Base teams that they want access to Solana. We want to make that possible,” Pollak stressed. However, Yakovenko rejected this premise, warning that “alignment” is a marketing term often used to obscure capital flight. Sponsored Considering this, he demanded that Base market the bridge honestly as a competitive tactic rather than a cooperative venture. “Ethereum L2s have to do the bs alignment dance because any activity on the L2 takes away from the ethereum L1 but you can’t be honest about it. So it reeks of bullshit,” Yakovenko said. Solana Foundation executives Vibhu Norby and Akshay BD had previously criticized the bridge, saying Base bypassed Solana’s technical and marketing teams entirely. They also alleged that the exchange-backed network launched the product without a single Solana launch partner.… The post Solana and Base Network Clash Over New Bridge appeared on BitcoinEthereumNews.com. Solana co-founder Anatoly Yakovenko struck at the core of Coinbase’s Base expansion strategy this weekend, dismissing the Ethereum layer-2 network’s new bridge as an “alignment bullshit.” In a sharp rebuke of Base lead Jesse Pollak, Yakovenko argued that cross-chain bridges are rarely neutral infrastructure. He said they act as vectors for value capture, deciding where fees settle and which ecosystem benefits. Sponsored Solana Rejects Base’s ‘Alignment’ Message Yakovenko contended that Base applications must migrate their computation to Solana so that transaction fees and economic activity accrue to Solana validators. “Migrate base apps to Solana so they execute on Solana, and the transactions are linearized by Solana staked block producers. That would be good for Solana developers. Otherwise, it’s alignment bullshit,” he said. The dispute ignited after Pollak announced the integration last week, framing it as a “bidirectional” tool to unlock shared liquidity. “We built this as a two-way bridge. The whole point is to unlock movement both ways because we are hearing from Solana teams that they want access to Base, and from Base teams that they want access to Solana. We want to make that possible,” Pollak stressed. However, Yakovenko rejected this premise, warning that “alignment” is a marketing term often used to obscure capital flight. Sponsored Considering this, he demanded that Base market the bridge honestly as a competitive tactic rather than a cooperative venture. “Ethereum L2s have to do the bs alignment dance because any activity on the L2 takes away from the ethereum L1 but you can’t be honest about it. So it reeks of bullshit,” Yakovenko said. Solana Foundation executives Vibhu Norby and Akshay BD had previously criticized the bridge, saying Base bypassed Solana’s technical and marketing teams entirely. They also alleged that the exchange-backed network launched the product without a single Solana launch partner.…

Solana and Base Network Clash Over New Bridge

2025/12/07 20:57

Solana co-founder Anatoly Yakovenko struck at the core of Coinbase’s Base expansion strategy this weekend, dismissing the Ethereum layer-2 network’s new bridge as an “alignment bullshit.”

In a sharp rebuke of Base lead Jesse Pollak, Yakovenko argued that cross-chain bridges are rarely neutral infrastructure. He said they act as vectors for value capture, deciding where fees settle and which ecosystem benefits.

Sponsored

Solana Rejects Base’s ‘Alignment’ Message

Yakovenko contended that Base applications must migrate their computation to Solana so that transaction fees and economic activity accrue to Solana validators.

The dispute ignited after Pollak announced the integration last week, framing it as a “bidirectional” tool to unlock shared liquidity.

However, Yakovenko rejected this premise, warning that “alignment” is a marketing term often used to obscure capital flight.

Sponsored

Considering this, he demanded that Base market the bridge honestly as a competitive tactic rather than a cooperative venture.

Solana Foundation executives Vibhu Norby and Akshay BD had previously criticized the bridge, saying Base bypassed Solana’s technical and marketing teams entirely.

They also alleged that the exchange-backed network launched the product without a single Solana launch partner.

At the same time, they cited private communications where Base leadership allegedly discussed “flipping” Solana as proof of hostile intent.

Sponsored

However, Pollak defended the initiative, claiming his team spent nine months building the connection to satisfy developer demand on both sides.

He attributed the friction to a communication breakdown and insisted that the bridge allows assets to flow freely wherever opportunities exist.

Sponsored

However, market observers see a darker pattern.

NFT historian Leonidas noted that Base employed similar “alignment propaganda” on Ethereum in 2023, extracting developer mindshare before pivoting to its own native economy.

Solana and Base have become two of the fastest-growing blockchain networks, competing directly for assets, liquidity, and developer activity.

Together, they hold nearly $20 billion in locked value. Solana accounts for about $12 billion, while Base holds roughly $6 billion, according to DeFiLlama data.

Source: https://beincrypto.com/solana-and-base-clash-over-new-bridge/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Short-Term Bitcoin Profits Dominate For The First Time Since 2023

Short-Term Bitcoin Profits Dominate For The First Time Since 2023

The post Short-Term Bitcoin Profits Dominate For The First Time Since 2023 appeared on BitcoinEthereumNews.com. Bitcoin is making another attempt to break the downtrend that has kept the crypto king capped since late October. Price is hovering near $91,000 as investors watch a rare shift in market structure unfold.  For the first time in more than two and a half years, short-term holders have surpassed long-term holders in realized profits, creating both opportunities and risks for BTC. Sponsored Sponsored Bitcoin Sees Some Shift The MVRV Long/Short Difference highlights a notable change in Bitcoin’s profit distribution. A positive reading usually signals long-term holders hold more unrealized gains, while a negative value indicates short-term holders are ahead. In Bitcoin’s case, the difference has dipped into negative territory for the first time since March 2023. This marks 30 months since short-term holders last led in profits. Such dominance raises concerns because short-term holders tend to sell aggressively when volatility increases. Their profit-taking behavior could add pressure on BTC’s price if the broader market weakens, especially during attempts to break the downtrend. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Bitcoin MVRV Long/Short Difference. Source: Santiment Sponsored Sponsored Despite this shift, Bitcoin’s broader momentum shows encouraging signs. Exchange net position change data confirms rising outflows across major platforms, signaling a shift in investor accumulation. BTC leaving exchanges is often treated as a bullish indicator, reflecting confidence in long-term appreciation. This trend suggests that many traders view the $90,000 range as a reasonable bottom zone and are preparing for a potential recovery. Sustained outflows support price stability and strengthen the probability of BTC breaking above immediate resistance levels. Bitcoin Exchange Net Position Change. Source: Glassnode BTC Price Is Trying Its Best Bitcoin is trading at $91,330 at the time of writing, positioned just below the $91,521 resistance. Reclaiming this level and flipping it into support…
Share
BitcoinEthereumNews2025/12/08 05:57
OKX founder responds to Moore Threads co-founder 1,500 BTC debt

OKX founder responds to Moore Threads co-founder 1,500 BTC debt

The post OKX founder responds to Moore Threads co-founder 1,500 BTC debt appeared on BitcoinEthereumNews.com. The successful stock market debut of Moore Threads, a company that’s being touted as China’s answer to Nvidia, has been overshadowed by resurfaced allegations that link one of its co-founders to an unpaid cryptocurrency debt that has been lingering for roughly a decade. Shares in the GPU maker skyrocketed to as much as 470% on Thursday following its initial public offering (IPO) on the Shanghai Stock Exchange, valuing the company at around RMB 282 billion ($39.9 billion). However, as the success was being celebrated online, a social media post revived claims that Moore Threads’ co-founder Li Feng borrowed 1,500 Bitcoins from Mingxing “Star” Xu, founder and CEO of cryptocurrency exchange OKX, and never repaid the loan. Crypto past with OKX founder resurfaces In an X post, AB Kuai.Dong referenced Feng’s involvement in a 2017 initial coin offering that raised 5,000 ETH alongside controversial angel investor Xue Manzi. Feng allegedly dismissed the Bitcoin loan, stating, “It was just that Xu Mingxing’s investment in me had failed.” Xu responded to the post with a conciliatory message, writing, “People cannot always remain in the shadow of negative history. Face the future and contribute more positive energy.” He added, “Let the legal system handle the debt issue,” and offered blessings to every entrepreneur. Feng reportedly partnered with Xue Manzi and Li Xiaolai in 2017 to launch Malego Coin, which was later renamed Alpaca Coin MGD. The project reportedly raised approximately 5,000 ETH, but it was around this period that China banned ICOs, allowing regulators to crack down on what they viewed as speculative excess and potential fraud in the cryptocurrency sector. The Bitcoin loan dispute appears separate from the ICO controversy. According to sources familiar with the matter, the original loan agreement was dated December 17, 2014, with an expiry of December 16, 2016.…
Share
BitcoinEthereumNews2025/12/08 06:13