Solana’s “Breakout” Moment? Hackathon & BlackRock Signal Growing Ecosystem

• Kicking off on April 14, the Solana hackathon aims to foster consumer-focused crypto applications.
• Solana Labs’ co-founder Anatoly Yakovenko asked developers to impress Nikita Bier, the firm’s advisor.
• SOL shot up 3% in the past day, reclaiming the 20-day EMA at the $137 price tag.

Solana is gearing up for a developer-focused event with its Solana Breakout Hackathon, starting April 14, with project submissions due May 16. The aim is to spur the creation of the next generation of consumer applications on the Solana blockchain.

Solana Labs co-founder Anatoly Yakovenko is challenging participants to create apps that would impress Nikita Bier, known for founding the viral social media app, tbh. Bier is now an advisor to Solana and a product growth partner at Lightspeed Ventures, a major crypto VC firm.

Some basic rules
1) don’t name it something

2) be honest about how it makes money

95% of crypto apps create tokens or trade tokens (or NFTs).

A) If it’s purely creation your customers are the creators and the users that consume the content. @timedotfun is a great… https://t.co/TMkfsXDgIn

— toly (@aeyakovenko) March 26, 2025

Yakovenko Lays Down …

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