u/youwishjelliefish

Solana’s biggest revenue driver is something its founder openly dislikes. Is that a problem?
▲ 15 r/solana

Solana’s biggest revenue driver is something its founder openly dislikes. Is that a problem?

Memecoins generated 62% of Solana’s dApp revenue in the first half of 2025. $1.6 billion. Whether you like memecoins or not that number is hard to ignore.

What is interesting is that Anatoly Yakovenko has been openly dismissive of it. He called memecoins “digital slop” on X and said on the All-In Podcast that it was “annoying” how successful they had become given Solana’s actual mission, which was always to move traditional finance on chain at NASDAQ speed. He framed the memecoin boom as a byproduct of slow regulation rather than something the ecosystem intentionally built toward.

That creates a real question about Solana’s identity. The chain is being used heavily for something its leadership does not believe in, by a user base that is generating the majority of its revenue. What happens to those users and that activity when the regulatory environment shifts and Solana pivots toward the institutional use cases it actually wants?

Nota a memecoin bull. Just think this is worth talking about.

u/youwishjelliefish — 17 hours ago
▲ 2 r/altcoininvestments+1 crossposts

I built something for Pump.fun launches where the dev cannot bundle the initial buy.

You already know how it goes. Token launches. Dev has already bundled wallets through the bonding curve before you even see it. By the time you buy in the dev is already in profit and you are the exit liquidity. It is not bad luck. It is the mechanism.

So I built Erys.

Before a token hits Pump.fun, contributors pool SOL together. Everyone in that pool receives tokens at the exact same price simultaneously at launch. On chain. The dev cannot bundle. There is no pre-buy. There is no first mover advantage. Distribution happens all at once the moment the token goes live and everyone is at the same entry. There is no one to dump on you because nobody got in before you.

If the raise threshold is not hit you get your SOL back proportionally. On chain. Verify it yourself.

Looking for devs who want to launch without the reputation of a bundler and traders who are done being exit liquidity.

erys.live

What would stop you from trying this? Tell me honestly.

u/youwishjelliefish — 17 hours ago

Seriously, what do traders want ?

we want the dev to be out..

but we want him to push while we do nothing..

oh and we don’t want him to earn fees..

but we want him to have supply control..

but not in a way that people can tell..

and we want him to work on it, hard, for a long time..

but we don’t want him to make money..

Does that sound about right?

Did i miss anything?

reddit.com
u/youwishjelliefish — 8 days ago

r/pumpfun tried to go full community coin. Got rugged in hours. Here’s what should have happened

A few days ago r/pumpfun tried to coordinate around their own token. The idea was exactly right. A community rallying behind a shared coin, everyone incentivized to push in the same direction. Then the dev rugged them.
The idea wasn’t wrong. The execution was impossible. Because no matter how aligned the community is, one person controlling the launch wallet means one person can end it. This pattern plays out constantly and I’ve been building the solution for months, not because of what happened this week, but because it was always obvious the problem was structural.
Erys works inside pump.fun but removes the single point of failure entirely. A creator schedules a launch, the community contributes SOL before the token exists, and when the time hits everything executes on-chain automatically. Every contributor receives their proportional share on the first block sent directly to their pump.fun wallet. Everyone gets in at the same entry. No single wallet to monitor. No one person who can rug because there is no one person.
What r/pumpfun tried to do this week should have worked. Now it can.
I’m giving away free sponsored launches right now to get things moving. Reach out if you want to test this with your community. Everything happens on-chain, no trust required

u/youwishjelliefish — 9 days ago