🚀 $SOL Security Status, $TRX Gains 7%- GN Crypto Analytics

🚀 Bitcoin Surge: Bitcoin nears $61,000, reflecting a positive market sentiment. Traders are watching for potential movement as the Fed chair speaks at Jackson Hole.

📉 Solana ETF Halted: The SEC has blocked Solana’s ETF application, citing concerns over its security classification. This led to the removal of VanEck and 21Shares’ filings.

⚖️ Tron Triumphs: Justin Sun and the Tron Foundation won a significant court battle against the SEC. The legal win boosted TRX, which surged 10% in the last two days.

📊 Bitcoin ETFs Record: Bitcoin ETFs saw $61 million in net inflows this month, with BlackRock’s IBIT leading. This has fueled positive price action in major cryptocurrencies like XRP and TRX.