Solana CEO Admits ‘Shame’ After Ad Goes Viral for the Wrong Reasons

Last Updated on March 20, 2025

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Key Takeaways:

  • Solana CEO Anatoly Yakovenko expressed regret over the controversial “America Is Back” ad, admitting he initially downplayed its impact.
  • The ad, which critics called offensive, was deleted after 1.2 million views, with Yakovenko pledging to keep Solana focused on technology.
  • The controversy sparked debate about inclusion in open-source development, with some arguing Solana’s response was driven by business concerns.

Solana Labs CEO Anatoly Yakovenko has addressed backlash over the controversial “America Is Back — Time to Accelerate” advertisement, expressing deep regret for his initial response. 

The ad, meant to promote the Solana Accelerate conference, featured a satirical scene where a character dismisses gender identity discussions in favor of technological innovation. 

Critics accused it of being offensive and undermining marginalized communities.

Yakovenko admitted he initially downplayed the issue but now recognizes the ad as “mean and punching down.” 

He praised community members who spoke out and vowed to keep Solana focused on open-source development and decentralization, steering clear of cultural and political debates.

Before its deletion, the ad garnered around 1.2 million views and sparked heated discussions

Venture capitalist Adam Cochran criticized Solana’s leadership, suggesting they only backtracked due to business concerns

He also highlighted the significant role of transgender individuals in open-source development, citing a GitHub survey showing 1% of open-source developers identify as transgender.

Solana has not released an official statement but reshared Yakovenko’s apology to its 3.3 million followers

While the CEO hopes to move past the controversy, the debate over the ad’s implications continues within the crypto community.

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