Solana co-founder Anatoly Yakovenko has weighed in on the growing debate surrounding the inclusion of altcoins in national crypto reserves. In his personal opinion, there should be no national crypto reserves at all.
Solana Co-Founder Supports Bitcoin-only Crypto Reserve?
Yakovenko shared his thoughts on X (formerly Twitter), stating, “If you want decentralization to fail, let the government take charge of it.” He expressed skepticism about the idea of states running their own crypto reserves as a hedge against potential missteps by the Federal Reserve.
My reserve order of preference
1. No reserve, because if you want decentralization to fail you’d put the government in charge of it.
2. Or states run their own reserve as a hedge against the fed making a mistake
3. Or if there has to be a reserve, it’s based on objectively… https://t.co/LfYXCIeRnG
— toly 🇺🇸 (@aeyakovenko) March 6, 2025
He elaborated, suggesting that any reserve should be based on objective, measurable requirements. “I don’t care what those requirements are, and they can even be designed so that only Bitcoin can currently meet them, but they must be objectively measurable and reasonably justifiable”, he explained. Yakovenko concluded by stating that, should such a goal be set, the Solana ecosystem is ready to meet it.
This debate has become particularly heated since former President Donald Trump’s announcement of Bitcoin, Cardano, Ripple, Solana, and Ethereum being considered for inclusion in the US crypto reserve. The announcement has prompted divided opinions within the crypto community. While some users celebrated the news, and the market briefly surged following the announcement, others were less enthusiastic about grouping Bitcoin and altcoins together. Coinbase CEO Brian Armstrong, for example, has expressed his preference for a Bitcoin-only reserve, calling it the best choice.
Yakovenko’s comments come amid rumors that Ripple has been lobbying for the inclusion of Solana (SOL) in the reserve, with the hope of gaining a spot for Ripple (XRP) as well.
Meanwhile, Charles Hoskinson, the founder of Cardano, who was reportedly not invited to the upcoming crypto summit, recently said in an interview that he was unaware of Cardano’s inclusion in the proposed reserve.
As the White House prepares for the upcoming crypto summit this Friday, Americans can expect a detailed clarification regarding which cryptocurrencies, aside from Bitcoin, will be included in the strategic reserve.
