Anatoly yakovenko, solana's founder, directly addressed market fear, uncertainty, and doubt (fud) by invoking solana's history of recovering from significant price drops (post-ftx). this aims to reassure investors and counter bearish sentiment, potentially slowing panic selling.
The statement comes directly from anatoly yakovenko, a co-founder of solana, making it an official and authoritative stance on the network's resilience.
Yakovenko's 'what is dead cannot die' rhetoric, coupled with the reminder of solana's recovery from $8 in 2023 to rewriting its all-time high, suggests strong resilience and a belief that the current downturn is temporary. this is a direct counter to bearish predictions.
While the statement might offer some immediate confidence, its primary goal is to remind investors of solana's fundamental strength and past ability to rebound, fostering long-term conviction and deterring panic selling based on short-term price fluctuations.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The crypto market is just five days into the second month of 2026, and the social media around it is already full of grift, extreme bearish predictions and all other attributes of "crypto winter" like Binance FUD or Peter Schiff relentlessly mocking Michael Saylor. Advertisement Amid all this, Anatoly Yakovenko , one of the key men behind Solana (SOL) , decided to address fear, uncertainty and doubt directly since flashbacks of how SOL hit $8 back in 2023 started to pop out on the timeline again. What happened to Solana (SOL)? For context, the price of Solana token SOL is down by over 63% since the infamous October 2025, with its quotations hovering around $86 right now, though the bottom keeps bottoming at a very fast pace. HOT Stories Morning Crypto Report: XRP Officially Decouples From Bitcoin Amid $850 Million Bloodbath, Ripple's Main Japanese Ally to Launch Own Blockchain, Shiba Inu (SHIB) Eyes 26% Discount Thanks to Bear Market Mark Dow: I Want Bitcoin to Go to Zero Yes, this is still 10 times more than Solana was back after the FTX collapse, but in terms of damage done, the resemblance is stark. Advertisement Yakovenko, however, has chosen more warfare rhetoric to address the SOL price chart situation, in particular saying that "what is dead cannot die," with proof of this statement deep down in 2023 lore. You Might Also Like Thu, 02/05/2026 - 07:01 Key Solana Backer Quits Amid Market Crash By Alex Dovbnya Few may remember but after Sam Bankman Fried left a $10 billion hole in the pockets of his customers and Solana faced among the greatest damage in crypto market history, it was reported that only seven developers remained in SOL. Fast forward three years later, and SOL has already rewritten its all-time high, lost 60% and is still 10x higher than it was back in 2023. Advertisement What is dead cannot die https://t.co/RqTeUAiiJq?from=article-links — toly 🇺🇸 (@toly) February 5, 2026 Yakovenko has all the right to react in such a pretentious way like he is a prime Greyjoy from the Iron Islands. Solana did die once and was reborn, making it back to the crypto market elite. Considering its new role, becoming the home for all the latest crypto trends, from gambling and meme coins to crypto cards and cloud computing, it will definitely be difficult for SOL to "die again." #Solana News #Solana #Anatoly Yakovenko