Solana (SOL), one of the biggest gainers of 2023, seems like losing its steam in the early trading days of 2024. However, Solana’s Co-founders came ahead to address a crucial question, Will Solana ever require Layer 2 solutions? He also suggested what could be a threat to Ethereum and SOL in the process ahead. Solana to focus on Layer 2 now? Anatoly Yakovenko, the Co-Founder of Solana Labs in post acknowledged that developers could create Layer 2s on Solana. He suggested the blockchain’s primary objective is to synchronize a global atomic state machine at speeds dictated by the laws of physics. As per Yakovenko’s view, any Layer 2, side chain, or zero-knowledge proof validation may seem innovative but they function as external execution environments that lack atomic composition with the broader Layer 1 state. He highlighted Solana’s dedication to scaling Layer 1 directly, aiming to enhance the single virtual machine instance with potential hardware upgrades....