🚀 Ether's back above $3,500, folks! 🎉 The SEC's done snooping around, deciding ETH isn't a security. Pre-announcement, ETH was lounging at $3,493. Post-announcement? A cool $3,541 in 20 minutes. That's faster than my last pizza delivery! 🍕

$3,500 is Ether's comfort zone, it's been hovering there like a UFO for the past month. This announcement is like a warm blanket for investors, no more nightmares about securities law violations for ETH transactions.

Consensys says, "SEC won't bring charges alleging that sales of ETH are securities transactions." Cue the party poppers! 🎉 Tom Shaughnessy of Delphi Ventures calls it a "huge win for Ethereum."

Ether whales are splashing around, with one buying 5,603 ETH, worth about $19.6 million. Talk about confidence! This follows the SEC's thumbs up for spot Ether ETFs in the US, adding more fuel to the market's optimism fire.

What's your take on this? Let's chat in the comments! #Ether #SEC #CryptoNews