Berachain Threatens Solana as SEC Approves $SOL ETF: Will Solaxy Meme Coin Explode?

Quick Summary:

It seems we’ve entered an alternate reality because the SEC (Securities and Exchange Commission), previously firmly anti-crypto, has now acknowledged multiple altcoin ETF (exchange-traded fund) applications at once.

Namely, the regulator made an update on Grayscale’s Solana ($SOL) ETF, which it had rejected last year after calling the asset a security.

While it’s still too early to judge how well Berachain handles ever-increasing workload, it currently appears to be a serious contender to both Ethereum and Solana.

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Article Details

Category: Crypto

Markets: Hungary

Topics: Solana Token Crypto Meme Regulator Berachain News Solaxy $sol $xrp Might

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 10:13:25 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 628 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25959094

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