Solana Co-Founder Draws Line on Multichain Projects
Solana co-founder Anatoly Yakovenko said projects that run outside Solana’s layer-1 blockchain should be treated as independent networks, not as part of Solana. His comments followed decentralized trading platform BULK’s plan to expand beyond Solana and connect collateral from networks including Arbitrum and HyperEVM to a shared trading system.
BULK founder kdot said the platform needs its own execution infrastructure, order book and risk management systems to support high-frequency perpetual futures trading. The proposed setup would let users deposit funds from different blockchains and trade through common markets, though no rollout date was announced.
Yakovenko said he wants BULK’s founders to succeed but remains focused on products built directly on Solana. The disagreement highlights an ongoing debate over whether dedicated execution networks improve trading performance or fragment a blockchain ecosystem. The exchange itself does not signal a change to Solana’s technology or adoption, but the outcome of BULK’s expansion could affect how traders assess liquidity and cross-chain access.
Neutral
The news is neutral for the broader crypto market because it concerns a strategic disagreement, not a security incident, regulatory action or confirmed change to Solana’s network. Yakovenko’s comments may reinforce debate about whether projects using separate execution layers should be considered part of Solana, while BULK’s proposal centers on bringing collateral from multiple networks into a shared trading system.
In the short term, traders may watch for further details on BULK’s integrations, including a deployment schedule, supported assets and how deposits, settlement and liquidity will work. Without those details, the announcement is unlikely to provide a strong fundamental catalyst for SOL or the other networks mentioned. Social-media discussion could cause brief volatility, but the article gives no evidence of material market flows or a price-moving technical change.
Over the longer term, successful cross-chain collateral access could make trading more convenient and potentially broaden liquidity for BULK. It could also create new operational and bridge risks, while a separate execution network may distribute activity and value away from Solana’s base layer. Similar debates around layer-2 networks and app-specific chains have generally been judged by adoption, security and measurable liquidity effects rather than by labels alone. Traders should therefore monitor actual integrations, volumes, fees, and asset flows before drawing a bullish or bearish conclusion.