Wasn't this also sort of a feature with Twitter? iirc the retweet and other now popular features were originally hacked together by users
> The Iconfactory was developing a Twitter application in 2006 called "Twitterrific" and developer Craig Hockenberry began a search for a shorter way to refer to "Post a Twitter Update."
Because channel names are not hashtags. The syntax is purely because IRC is a text-based protocol, so you need a special way to distinguish channel names from regular text.