#securitiesandExchangeCommission

☢️The SEC's decision to drop its request for a court ruling to classify tokens like Solana ($SOL ), Cardano ($ADA ), and Polygon ($MATIC ) as securities is a notable shift in its regulatory approach

⛔ Previously, the SEC had targeted several tokens in its lawsuit against Binance, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI.

🚀🚀This move could alleviate some regulatory pressure on these tokens and might influence their market performance and trading strategies.