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/

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Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

Tokenized Assets Shift From Wrappers to Building Blocks in DeFi

The post Tokenized Assets Shift From Wrappers to Building Blocks in DeFi appeared on BitcoinEthereumNews.com. RWAs are rapidly moving on-chain, unlocking new opportunities for investors and DeFi protocols, according to a new report from Dune and RWAxyz. Tokenized real-world assets (RWAs) are moving beyond digital versions of traditional securities to become key building blocks of decentralized finance (DeFi), according to the 2025 RWA Report from Dune and RWAxyz. The report notes that Treasuries, bonds, credit, and equities are now being used in DeFi as collateral, trading instruments, and yield products. This marks tokenization’s “real breakthrough” – composability, or the ability to combine and reuse assets across different protocols. Projects are already showing how this works in practice. Asset manager Maple Finance’s syrupUSDC, for example, has grown to $2.5 billion, with more than 30% placed in DeFi apps like Spark ($570 million). Centrifuge’s new deJAAA token, a wrapper for Janus Henderson’s AAA CLO fund, is already trading on Aerodrome, Coinbase and other exchanges, with Stellar planned next. Meanwhile, Aave’s Horizon RWA Market now lets institutional users post tokenized Treasuries and CLOs as collateral. This trend underscores a bigger shift: RWAs are no longer just copies of traditional assets; instead, they are becoming core parts of on-chain finance, powering lending, liquidity, and yield, and helping to close the gap between traditional finance (TradFi) and DeFi. “RWAs have crossed the chasm from experimentation to execution,” Sid Powell, CEO of Maple Finance, says in the report. “Our growth to $3.5B AUM reflects a broader shift: traditional financial services are adopting crypto assets while institutions seek exposure to on-chain markets.” Investor demand for higher returns and more diversified options is mainly driving this growth. Tokenized Treasuries proved there is strong demand, with $7.3 billion issued by September 2025 – up 85% year-to-date. The growth was led by BlackRock, WisdomTree, Ondo, and Centrifuge’s JTRSY (Janus Henderson Anemoy Treasury Fund). Spark’s $1…
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BitcoinEthereumNews2025/09/18 06:10