Solana's co-founder Anatoly Yakovenko expresses concerns about a US crypto reserve. He prioritizes decentralization and suggests alternative approaches for crypto management.

The Solana protocol’s co-founder is among a number of industry leaders to take issue with Donald Trump's plans to create a crypto reserve.

Solana (SOL) price stabilizes and trades around $142.8 at the time of writing on Friday after falling nearly 20% this week. Solana co-founder Anatoly Yakovenko raised concern about SOL as part of the US Crypto Strategic Reserve on his social media X. On Thursday, Yakovenko said that in his “order of preference,” there would be “no reserve.”

Anatoly Yakovenko, Solana’s co-founder, recently expressed discontent with Solana's possible inclusion in a crypto reserve.

Solana co-founder and CEO Anatoly Yakovenko said he would prefer no US crypto reserve, citing the risks to decentralization if a government was in charge. On March 6, Yakovenko posted on X, sharing the order of his preferences regarding a US reserve of cryptocurrencies.

(Reuters) -Cryptocurrency industry elite are set to meet with U.S. President Donald Trump at the White House on Friday to discuss how the government will enact Trump's vision of making the country the "crypto capital of the world.