Ethereum

Solana

<h3 class="wp-block-heading" id="h-key-insights">Key Insights:</h3>
<ul>
 <li>Anatoly Yakovenko stirs debate, argues Ethereum is a Solana L2.</li>
 <li>ETH beats SOL in daily and monthly chain fees in the fight for dominance.</li>
 <li>SOL prices face massive selling pressure, but strong volume and positive technicals raise hope.</li>
</ul>
In the latest Solana news, SOL co-founder Anatoly Yakovenko sparked a new debate on X with his comments about Ethereum (ETH). The co-founder claimed that Ethereum is now officially a Solana Layer 2 (L2) blockchain.
Meanwhile, Ethereum has outranked Solana in daily chain fees as both assets continue to battle for dominance in the DeFi space.
<h2 class="wp-block-heading" id="h-solana-news-sol-founder-takes-a-jab-at-ethereum">Solana News: SOL Founder Takes a Jab at Ethereum</h2>
“Ethereum is now officially a Solana L2,” Yakovenko noted in an X <a href="https://x.com/aeyakovenko/status/1978901353406828705" target="_blank" rel="noopener noreferrer nofollow">post</a>. Yakovenko based his argument on the fact that wrapped SOL on ETH requires censorship-resistant guarantees to exit back to Solana.
His comments flip the traditional narrative. He argued that Ethereum now relies on Solana for true security in this setup, rather than SOL assets treated as “second-class” on ETH.
This was a direct reply to a post announcing that Solana is now live on the Uniswap Web App. With this Solana news update, users are now allowed to connect their wallets and swap SOL tokens directly from the app.
Before now, Uniswap Web App users had to leave the app to trade on Solana. But with the integration, they can now access tokens across Ethereum, <a href="https://www.thecoinrepublic.com/2025/10/11/solana-price-strengthens-as-network-throughput-surges-to-10000-tps/" rel="noopener noreferrer nofollow">Solana,</a> Unichain, Base, and more, all from the Uniswap Web App.
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 <img loading="lazy" width="670" height="639" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/10/image-519.png" alt="Ethereum and Solana Comparison | Source: Anatoly Yakovenko">
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 Ethereum and Solana Comparison | Source: Anatoly Yakovenko
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In his post, Yakovenko implied that Ethereum is being sucked into the Solana network. His point builds on ongoing crypto debates about scalability, security, and which chain is the “true” settlement layer.
Yakovenko’s core claim hinges on exit security for wrapped SOL. Essentially, when Solana is wrapped to ETH, a bridge like Wormhole locks Solana and mints wSOL on Ethereum.
This is trust-minimized using “light client” proofs or oracles. However, unwrapping requires verification that the burn on Ethereum corresponds to a release on Solana.
Yakovenko argues this makes Solana the “settlement layer,” with Ethereum acting as a Layer-2 solution.
<h2 class="wp-block-heading" id="h-ethereum-outranks-solana-in-chain-fees">Ethereum Outranks Solana in Chain Fees</h2>
Meanwhile, Ethereum is dominating Solana in a key metric. According to data from DeFiLlama, the Ethereum chain fees have surpassed those of Solana in the past 24 hours and 30 days.
Ethereum earned $965,209 in chain fees over the past day and $45.11 million in the past 30 days. These fees come from its Total Value Locked (TVL) assets worth $141.41 billion.
Solana, on the other hand, recorded 24-hour chain fees of $821,783. This fee, compared to that of ETH, suggests more vigorous DeFi activity for Ethereum than for Solana.
Such a move could signal that users are shifting increasingly toward ETH due to its utility in Decentralized Finance (DeFi).
As seen from the data, users are interacting less with Solana. The development has led to ETH outranking SOL in market cap ranking.
<h2 class="wp-block-heading" id="h-solana-price-moves-and-projections">Solana Price Moves and Projections</h2>
According to CoinMarketCap data, Solana price is currently traded at $175.33, down 10.3% over the past 24 hours. The market cap is pegged at $95.86 billion, while the trading volume surged 16.7% to $11.2 billion.
The strong trading volume could spark a price rebound for SOL, especially if the general market sees reduced selling pressure.
Moreover, Solana price is holding strong at key support around $180. If this level holds firmly, a move toward $200 looks likely.
Popular on-chain analyst Ali Martinez even <a href="https://www.thecoinrepublic.com/2025/10/16/solana-sol-price-to-260-possible-community-sets-big-price-target/" rel="noopener noreferrer nofollow">predicted a possible rally towards $260</a>. Analysts believe strong network activity and possible ETF approval could shape the next SOL price move.
Another crypto analyst, Solana Sensei, also made a bolder forecast. The analyst predicted that SOL may potentially <a href="https://www.thecoinrepublic.com/2025/10/16/bull-fractal-reveals-385-solana-price-prediction-in-2025/" rel="noopener noreferrer nofollow">rally 385% towards $1,000</a>.
They drew comparisons between the current market setup in 2025 and the structure seen during the 2020 cycle. The analyst noted that a similar bullish pattern is unfolding for Solana price.
The post <a href="https://www.thecoinrepublic.com/2025/10/17/solana-news-ethereum-is-now-a-sol-layer-2-anatoly-yakovenko-stirs-new-debate/" rel="noopener noreferrer nofollow">Solana News: Ethereum is Now a SOL Layer-2, Anatoly Yakovenko Stirs New Debate</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.

Solana News: Ethereum is Now a SOL Layer-2, Anatoly Yakovenko Stirs New Debate

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