24 Mar 2025

light mode

“The Ad Was Bad” — Yakovenko Reacts to Solana’s Marketing Controversy

“The Ad Was Bad” — Yakovenko Reacts to Solana’s Marketing Controversy

Solana Labs co-founder Anatoly Yakovenko has distanced himself from the controversial ad posted on Solana’s official X account, admitting it was a misstep.

On this page

Social media was set ablaze by a promotional video for the Solana Accelerate conference titled “America Is Back — Time to Accelerate.” The 2.5-minute clip aimed to intertwine themes of national pride, technological advancement, and the ongoing political dialogue surrounding gender identity—an approach that quickly polarized audiences.

Despite gaining 1.2 million views and generating over 1,300 comments, the video was pulled just nine hours after release following a wave of public criticism.

Though the Solana team has not made an official statement, co-founder Anatoly Yakovenko decided to weigh in on the matter. He bluntly called the ad “bad” and stressed that it had inflicted harm on communities that already face discrimination.

Yakovenko also extended his gratitude to developers, artists, and other ecosystem contributors who spoke out against the campaign. He reaffirmed his commitment to ensuring that Solana Foundation remains dedicated to technology and security, rather than getting entangled in divisive political and cultural debates. 

How the SOL Community Responded

Yakovenko’s response was met with strong support from the Solana community, which welcomed his commitment to honesty and open communication. Solana’s official account, however, refrained from making its own statement, instead opting to share Yakovenko’s post without further comment.

Check this out: Wrapped TRON (TRX) Set to Debut on Solana, Says Justin Sun

The discussion in the comments was lively. OG protocol developer Viktor Bunin pointed out that an apology wasn’t strictly needed but appreciated that the company acknowledged its error and moved forward. Other users echoed this sentiment, emphasizing that Solana should stay focused on building rather than dwelling on past controversies.

Well said. Focus on what matters. Solana in the hands of EVERY person on earth. Solana is for EVERYONE,

remarked developer and community member Curb, referencing Solana’s official statement.

Experts in marketing have long pointed out the inherent risks of incorporating political themes and identity-based messaging into branding efforts. These strategies can have unintended consequences, potentially damaging both a company’s reputation and its financial standing, particularly when they touch on complex and highly sensitive social issues.

Read on: Anatoly Yakovenko: The Visionary Behind Solana’s Rise

Solana’s experience serves as a case study in the delicate balance between staying culturally relevant and maintaining social responsibility. In the end, authentic communication and a willingness to learn from missteps are key factors in rebuilding credibility and driving long-term success.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author
Metaplanet Appoints Eric Trump as Strategic Advisor Amid Bitcoin Adoption

Metaplanet Appoints Eric Trump as Strategic Advisor Amid Bitcoin Adoption

Metaplanet has named Eric Trump as the first member of its Strategic Advisory Board. The decision aims to strengthen the Japanese company’s presence in the Bitcoin economy and elevate its public brand.

Vlad Vovk
ZachXBT Uncovers Hyperliquid Whale Behind $20M in Illicit Crypto Profits 

ZachXBT Uncovers Hyperliquid Whale Behind $20M in Illicit Crypto Profits 

Blockchain investigator ZachXBT shared an analysis of the alleged identity of a Hyperliquid whale who profited around $20 million through illicit trading activity.

Anahit Avetisyan
US SEC Rules Out Securities Status for Proof-of-Work Mining

US SEC Rules Out Securities Status for Proof-of-Work Mining

According to an official clarification, the SEC has ruled that Proof-of-Work mining processes are exempt from securities oversight.

Dmytro Psevdonimenko
BitMEX and KuCoin Face South Korean Sanctions Over Unlicensed Operations

BitMEX and KuCoin Face South Korean Sanctions Over Unlicensed Operations

As South Korea intensifies its oversight of digital assets, regulators are preparing sanctions against unregistered foreign exchanges lacking VASP certification.

Anton Kryshtal
Mark Uyeda: The Path to Power in the SEC and His Vision for Financial Regulation

Mark Uyeda: The Path to Power in the SEC and His Vision for Financial Regulation

For years, the SEC has been a dominant regulatory force in financial markets. Under the leadership of figures like Gary Gensler and Jay Clayton, the agency became known for its strict stance on cryptocurrencies.

Ivan Dikalenko
WhiteBIT’s Rise: How Volodymyr Nosov Built Europe’s Largest Crypto Exchange

WhiteBIT’s Rise: How Volodymyr Nosov Built Europe’s Largest Crypto Exchange

The crypto market is ruthless. It demands determination, total commitment, and leaves little room for mistakes. But some don’t just follow the rules—they set them. One of those people is Volodymyr Nosov, the founder and CEO of WhiteBIT.

Ivan Dikalenko
How Jeremy Allaire Built Circle and Made USDC a Stablecoin Giant

How Jeremy Allaire Built Circle and Made USDC a Stablecoin Giant

On a Friday evening in March 2023, panic gripped the crypto market. USDC, a so-called reliable stablecoin, temporarily lost its dollar peg, dropping below $1.

Ivan Dikalenko
What is a Hash Function and Why It’s Essential?

What is a Hash Function and Why It’s Essential?

Learn what a hash function is, how it works, and why it’s vital for data integrity, security, and performance in modern computing and blockchain technology.

The Coinomist
How Many Confirmations for Bitcoin Transactions and Why It Matters

How Many Confirmations for Bitcoin Transactions and Why It Matters

Learn what Bitcoin confirmations are, how many are required for different transactions, and why they matter for security and fraud prevention in the blockchain.

The Coinomist
What is a Check Digit? A Full Explanation

What is a Check Digit? A Full Explanation

Discover what a check digit is, how it’s calculated, and why it matters for data verification. Learn how algorithms like Luhn ensure data integrity across various industries.

The Coinomist
When Was Ethereum Created and How It Transformed Blockchain?

When Was Ethereum Created and How It Transformed Blockchain?

Explore Ethereum’s origins and evolution. Learn how Vitalik Buterin’s vision reshaped blockchain technology, sparking innovations like smart contracts, DeFi, and NFTs.

The Coinomist
How Many Sats in a Bitcoin? Everything You Need to Know

How Many Sats in a Bitcoin? Everything You Need to Know

Learn how many satoshis (sats) make up one Bitcoin and why this divisibility matters. Understand the role of sats in facilitating microtransactions and enhancing Bitcoin’s usability.

The Coinomist
OnyxCoin (XCN): Why This Layer-3 Blockchain Is Gaining Investor Attention

OnyxCoin (XCN): Why This Layer-3 Blockchain Is Gaining Investor Attention

OnyxCoin isn’t just a crypto project—it’s an infrastructure built for the digital age, offering scalable, secure, and low-cost transactions for a globalized economy.

Vlad Vovk
Trump’s “US Crypto Reserve” Plan: A Game Changer or Just Talk?

Trump’s “US Crypto Reserve” Plan: A Game Changer or Just Talk?

It takes just one post from Trump to stir the crypto market. Recently, he announced on Truth Social that the evaluation of a strategic crypto reserve is in progress as part of his broader Trump crypto policy.

Anahit Avetisyan
Trump’s Crypto Tax Plan: Smart Policy or Risky Gamble?

Trump’s Crypto Tax Plan: Smart Policy or Risky Gamble?

There’s been a lot of talk about possible changes to crypto tax policies in the U.S. One of the more controversial ideas floating around is “Trump no tax on crypto.” As Trump adopts a more crypto-friendly stance, major rumors have surfaced that he’s considering a 0% tax on crypto gains.

Anahit Avetisyan
MORE
Life Inside a Bitcoin Mining Farm: The Daily Grind of Miners

Life Inside a Bitcoin Mining Farm: The Daily Grind of Miners

Imagine waking up to the hum of thousands of mining rigs. Welcome to a Bitcoin mining farm, where time is money, and every second counts.

Iaroslava Kramarenko
Welcome to Austin: The New Crypto Capital of the United States

Welcome to Austin: The New Crypto Capital of the United States

Forget Silicon Valley—Austin is the real crypto сapital of the United States, attracting top blockchain startups and investors with its Web3-friendly policies.

Iaroslava Kramarenko
MORE