Breaking: Solana, Cardano Dropped As Securities In SEC Binance Update
Summary
The SEC amended its complaint against Binance, reclassifying ten cryptocurrencies, including Solana and Cardano, as not securities. This change eliminates the need for immediate court ruling on these tokens. Despite potential bullish implications, there has been no significant market reaction. The Cboe has requested SEC approval for Solana-based ETFs. Cardano traded at $0.4015 at press time.
