Solana
Oct 24, 2026

Solana co-founder Toly proposes stake-weighted oracle model for validators

Solana co-founder Anatoly Yakovenko, widely known as Toly, has put forward a proposal for a validator stake-weighted oracle system, according to Techub News, citing Crypto Briefing. The proposal is designed to support a model in which users can mint SOL against tokenized collateral. The report says the idea could reshape the Solana ecosystem by changing SOL supply dynamics. It also points to possible pressure on existing oracle providers if such a system were adopted. In addition, the proposal could carry governance implications for the network. No further implementation details, timeline, or technical specifications were disclosed in the source summary. The report focuses on the proposal’s stated goal and its potential implications for supply, oracle competition, and governance within Solana.

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Solana co-founder Toly proposes stake-weighted oracle model for validators
Solana
Sep 21, 2026

Solana founder Toly says Percolator is still unfinished and AI cannot yet handle development end to end

Solana founder Anatoly Yakovenko, known as Toly, said on X that artificial general intelligence, or AGI, remains far away and that his test project Percolator would likely already be live if he had been writing the code himself full time. His comments drew a clear line between where AI is useful today and where it still falls short in product development. According to Toly, AI works best in the design and specification research stage, and in fuzz testing used to uncover bugs. He added that code quality would probably improve if AI were used in that way. At the same time, he argued that the number of genuinely good products reaching the market today is unlikely to be higher than it was before the era of large language models. The remarks also revive attention on Percolator, a next-generation perpetual futures decentralized exchange on Solana that Toly said last year he planned to launch. Earlier descriptions of the project said it would use a sharded order book, aim for execution speeds comparable to centralized exchanges, and be fully open source.

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Solana founder Toly says Percolator is still unfinished and AI cannot yet handle development end to end
Solana
Sep 9, 2026

Bonk Guy shifts to a more bullish view on Solana and its ecosystem

Trader Bonk Guy said his stance on Solana and the projects around it is moving from bearish to bullish after a series of recent developments inside the ecosystem. He said he had previously believed Robinhood Chain and BNB Chain could outperform Solana in the current cycle, and had already written an analysis arguing that case, though it was never published. According to his post, the shift came as Solana has recently put renewed attention on the on-chain meme trading community. He also pointed to outreach from key people in the ecosystem, along with public engagement from Solana’s official account and co-founder Toly toward projects such as STONK and USELESS. Bonk Guy said his long-running concerns were never about Solana’s technology or infrastructure. Instead, they centered on the culture of the ecosystem and the impact of what he described as rent-seeking actors on users. In light of the recent changes, he said he has already shared his original bearish analysis with the Solana side and, if he decides to publish it later, he will add more of Solana’s perspective and background.

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Bonk Guy shifts to a more bullish view on Solana and its ecosystem
Stonk
Sep 6, 2026

Stonk Completes $1M+ STONK Buyback, Toly Responds

Stonk announced the completion of over $1 million worth of STONK token buybacks, while distributing over $7.5 million in rewards to StonkFun ecosystem holders. The platform's fee revenue has reached approximately $1.87 million. Previously, Stonk tweeted "Support Stonk Token," which was retweeted by Solana co-founder Toly, who asked "What is Stonk Token." According to GMGN data, the STONK token on Solana briefly exceeded a market cap of $100 million before retreating to $86.55 million, with a 1-hour decline of 5.46%.

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Stonk Completes $1M+ STONK Buyback, Toly Responds
Solana
Aug 10, 2026

Solana Co-Founder Toly Responds to Flash.Trade Shutdown Criticism: Foundation's Help Limited to Early Promotion

Flash.Trade has announced it will wind down operations unless it finds a buyer, prompting claims that the Solana Foundation's strong support for Phoenix effectively killed the competing trading platform. Solana co-founder toly pushed back in a tweet on Aug 10, saying the foundation cannot guarantee a product's success and its role is limited to marketing at the initial launch. According to toly, if another competing product were launched, the foundation could try to help that team get off the ground. But how much attention and ultimate impact the foundation's help brings depends on the product itself, not the foundation. He listed key questions: Is the product novel? Is it good? Do people like its promotional story? These factors, he said, are what truly drive user growth. Phoenix was heard of by almost everyone after launch, he noted, but whether that attention turns into actual users depends entirely on the Phoenix team. The remarks came after Flash.Trade said it would gradually shut down if no interested acquirer emerged.

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Solana Co-Founder Toly Responds to Flash.Trade Shutdown Criticism: Foundation's Help Limited to Early Promotion