The #Solana Foundation has taken action to dispute recent allegations made by the U.S. Securities and Exchange Commission (#SEC ) that its native SOL coin is a security.

This post was written in reaction to the SEC's much-discussed legal actions against Binance and Coinbase, the two leading exchanges in the #cryptocurrency sector. The strong regulator has accused well-known digital currencies like #Cardano (ADA) and Solana (SOL) of being unregulated securities in this turbulent #regulatory environment.

What is your take on the same? 👇👇