$SOL ETF is being prepared for approval by #VanEck That is why Solana is going up now and $JUP also and the Solana meme coins are all pumping hard now 🚀 $WIF

According to Odaily, asset management firm VanEck has declared SOL as a commodity, contradicting the U.S. Securities and Exchange Commission's (SEC) classification of it as a security. The firm's stance is in direct opposition to the SEC's viewpoint, which was expressed during a lawsuit. Despite the ongoing legal dispute, VanEck maintains its assertion that SOL is a commodity. This disagreement highlights the ongoing debate over the classification of digital assets in the financial world. The SEC's classification of SOL as a security has implications for how it is regulated and traded. However, VanEck's assertion that it is a commodity could potentially change the way it is viewed in the market. The final decision on this matter could have significant implications for the future of digital assets and their regulation.