Kiyosaki Keeps Knocking on $ETH's Door While Solana's Co-Founder Cheers the EF Layoff Wave 🚪
Robert Kiyosaki, author of "Rich Dad Poor Dad," said he remains interested in Ethereum ($ETH) as a long-term holding alongside Bitcoin ($BTC), reiterating his preference for "real assets" over fiat currency in recent commentary. The remarks come as $ETH trades sharply lower year-to-date, a drawdown Kiyosaki has previously framed as a buying opportunity.
Anatoly Yakovenko, co-founder of Solana, publicly endorsed the Ethereum Foundation's decision to cut staff, posting on X that the move was overdue and would benefit the broader ecosystem by forcing the organization to focus on core protocol work. His comments added a cross-chain voice to the ongoing debate over the Ethereum Foundation's structure and spending priorities.
The Ethereum Foundation confirmed the layoffs earlier this week as part of a broader restructuring aimed at reducing operational costs and refocusing on protocol research, developer tooling, and Layer-2 scaling initiatives. Foundation representatives did not publicly disclose the exact number of affected roles, though multiple team members announced departures on social media.
Market context for the discussion remains heavy: $BTC and $ETH both slid during the June 24 trading session alongside chip stocks, as traders weighed the possibility of an interest-rate hike from the U.S. Federal Reserve. Analysts cited by CryptoNews pointed to macro headwinds, including renewed inflation data and shifting expectations for monetary policy, as the primary driver of the synchronized sell-off across crypto and semiconductor equities.
Kiyosaki has previously said he views Bitcoin's pullback as a chance to accumulate, and his latest Ethereum comments track that same thesis. Yakovenko's support for the EF cuts, meanwhile, lands as Solana continues to post gains in active addresses and decentralized finance total value locked, metrics that have drawn fresh institutional attention to the network.
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