Solana (SOL) is no longer considered a security, according to the SEC's latest announcement regarding the lawsuit against Binance. The amendment to the SEC's complaint could significantly impact the legal position of various major cryptocurrencies, including Solana.
Main attractions:
- SEC Notice: The SEC plans to amend its complaint, potentially changing the treatment of certain tokens, previously classified as Third-Party Crypto Asset Securities . Solana is among these tokens. âïžđ
- Price Impact: Solana's price has been volatile but recently broke through some resistance, trading at around $181. The price could reach $200 if the current trend continues. đđ
- Trading volume: Lower trading volume may affect the strength of the breakout. While the outlook for Solana and other cryptocurrencies is improving, regulatory changes and SEC actions remain important. đĄđ
$SOL #Write&Earn
