Solana (SOL) Enters Regulatory Crosshairs: SEC Ruling Sparks Concerns

Judge Failla’s ruling allows the SEC to continue its case against Coinbase, raising concerns about Solana’s classification as a security. The market initially reacted negatively, with Solana experiencing a 5.7% price drop, but it managed to recover most of its losses. In a recent ruling by United States Southern District of New York’s Judge Katherine […