Ethereum co-founder Vitalik Buterin sold his entire remaining stake of 500 MakerDAO tokens today on CoW Protocol, receiving 353 ETH worth about $580,000 in return, blockchain data show. 

The move followed a Friday blog post from MakerDAO co-founder and CEO Rune Christensen which outlines long-term plans for a reimplementation of the project built on a new blockchain, dubbed NewChain, that could be forked from the Solana blockchain. A move to the Rust-based Solana codebase would be significant for the project, currently written in Solidity and based on Ethereum. 

Why Christensen sees a future in Solana

Christensen cited three reasons for his determination that Solana's codebase is the "most promising" to explore for NewChain including the technical quality and optimization of …