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Most Influential 2021: Anatoly Yakovenko

Solana, a distributed network Yakovenko co-founded, has seen massive growth this year.

Updated May 11, 2023, 5:16 p.m. Published Dec 10, 2021, 8:24 p.m. 1 min read
Created by Pixelmind.ai

Anatoly Yakovenko calls himself the biggest skeptic of cryptocurrencies, even though he developed one of the fastest-growing crypto networks, Solana. The blockchain can reportedly process 50,000 transactions per second, far more than competing smart contract blockchain Ethereum, which stalls out at 45 transactions per second. In five years, Yakovenko expects the speed to be at least four times greater than it is now.

Solana has been one of the hottest topics this year, not just because of its over 10,000% price increase year to date, but also because of the quality talent moving to its ecosystem. It has a burgeoning decentralized finance (DeFi) and non-fungible token (NFT) economies. Meanwhile, some of the industry’s biggest names, including Three Arrow Capital co-founders Su Zhu and Kyle Davies as well as FTX CEO Sam Bankman-Fried, have made significant bets of Solana’s rapid growth.

The Complete List: CoinDesk’s Most Influential 2021

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(Kevin Ross/CoinDesk)

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This is the second time this year that the Sui network has suffered an outage.

What to know:

  • Sui Network suffered a mainnet outage that temporarily stalled transaction processing, with the project saying its core team is working on a fix.
  • The disruption adds to a string of technical issues for Sui, which has faced previous outages and performance incidents since late 2024.