The CEO of Helius Labs, Mert Mumtaz, whose company provides infrastructure and tooling for Solana developers, stated in a post on X that Solana’s program model The CEO of Helius Labs, Mert Mumtaz, whose company provides infrastructure and tooling for Solana developers, stated in a post on X that Solana’s program model

The CEO of Helius Labs says Solana's program model is much safer for AI than EVM's interface model.

2026/01/13 05:55
4 min read

The CEO of Helius Labs, Mert Mumtaz, whose company provides infrastructure and tooling for Solana developers, stated in a post on X that Solana’s program model is fundamentally safer for AI development than the interface model used by Ethereum Virtual Machine (EVM)-based blockchains.

He also predicted the emergence of several billion-dollar startups on Solana this year.

Mumtaz comments come as the intersection of AI and blockchain development gains momentum, with the global AI market projected to exceed $4.8 trillion by 2033 and blockchain expected to command a respectable share in that market.

As for Mumtaz’s argument, it all goes back to Solana’s architectural approach to smart contracts. Unlike EVM networks, where developers must deploy new contracts for most applications, Solana developers can simply reuse existing infrastructure for core functions such as token creation, swapping, and transfers.

“You can integrate existing pipelines, swaps, token hooks within basically a few prompts,” Mumtaz wrote, adding that this eliminates the need for repeated security audits and enables much faster development cycles.

What is the distinction between Solana and Ethereum?

The technical distinction lies in how the two systems handle code and data. Solana separates data and code, storing all program data in separate accounts.

This allows single programs to operate through various accounts without requiring additional deployments.

EVM smart contracts, on the other hand, combine code and state in single units, and this requires new contract deployments for different applications.

Mumtaz also highlighted how AI is narrowing what has historically been a major barrier to Solana development.

He wrote, “even if you needed to write a contract, a huge thing holding back Solana was how difficult it is to write contract code since Solidity is much easier to grok than nuances of Rust on Solana since the latter is a much lower level of abstraction,” adding that the said gap has now been reduced.

Solana’s developer growth

The comments come at a time when Solana’s developer ecosystem is experiencing considerable growth. As of November 2025, the blockchain boasted over 17,700 developers.  The platform became the number one blockchain for new developers in 2024, with over 3,200 monthly active developers in 2025. Builder interest in Solana has increased by 78% over the past two years, according to data from venture capital firm a16z’s State of Crypto 2025 report.

AI can integrate with smart contracts for automated decision-making, making contracts dynamic and responsive to changing circumstances.

Is Mumtaz correct about Solana being more suitable for AI?

Not everyone agrees with Mumtaz’s assessment. Supporters of Cardano responded to his post, with one stating, “A blockchain that was built on foundations of peer-reviewed research, formal proofs, substantially lower hardware requirements, and runs on Haskell would be orders of magnitude better for AI.”

However, there was considerable rebuttal from supporters of the Ethereum ecosystem, with William Mougayar, the author of The Business Blockchain, who calls himself an Ethereum Maxirealist, disagreeing with each point Mumtaz made. First, he stated that “AI advantages are NOT chain-specific.”

He also wrote, “AI favors mature tooling, standardized primitives, security testing, and composability. These are areas where Ethereum is strongest. Faster code generation does not equal faster safe deployment.”

Mouyagar also countered Mumtaz’s claim where he said that “you do not need to write a new contract for most things and especially not core functions like creating/swapping/moving tokens,” stating, “This is equally true on Ethereum in practice. Most applications integrate existing DEXs, vaults, lending markets, or AA modules without writing new primitives. Ethereum’s “money lego” architecture is the canonical example of reusable, audited composition.”

If Solana’s model does prove more amenable to AI-assisted development, it could influence where developers choose to build and where venture capital flows.

Mumtaz’s prediction of several nine- to ten-digit startups emerging on Solana remains to be seen, but there will be observers monitoring the development.

Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
The Italian banking giant held approximately $96 million worth of Bitcoin spot ETFs last December, hedged with Strategy put options.

The Italian banking giant held approximately $96 million worth of Bitcoin spot ETFs last December, hedged with Strategy put options.

PANews reported on February 17 that Italian banking giant Intesa Sanpaolo disclosed in its 13F filing as of December 2025 that it holds approximately $96 million
Share
PANews2026/02/17 21:14
US-listed company DDC increased its holdings by 80 bitcoins, bringing its total holdings to 2,068 bitcoins.

US-listed company DDC increased its holdings by 80 bitcoins, bringing its total holdings to 2,068 bitcoins.

PANews reported on February 17th that DDC Enterprise Limited (DDC), a US-listed company, announced today that it has increased its holdings of Bitcoin by 80, bringing
Share
PANews2026/02/17 21:30