The SEC stated in its lawsuit report against Coinbase that Solana (SOL) is a security, How did this reflect on the Solana ecosystem?
to Coinbaseannouncing a lawsuit SEC attracted attention with its published report. In the report on the case LEFT , ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, $EAR, VGX, DASH and NEXO. One of the most notable among the related cryptocurrencies is Solana ( LEFT ) happened. Ranked 9th in terms of market capitalization according to CoinMarketCap data of SOLHow might its designation as a security by the SEC reflect on the Solana ecosystem? on SOLWhat price movements can be observed?
Solana (SOL) Graphic Evaluation
SOL, which bounced back from $ 18.24, is currently trading at $ 18.63. If the dangers continue for SOL, which has come to the bottom price of the last 3 months with its inclusion in the securities list of the SEC, pullbacks can be seen up to $ 18.24 and $ 17.51.
Situations such as the SEC’s reducing its pressure on cryptocurrencies and crypto exchanges and positive developments that may carry the market upwards can quickly push the SOL price up. For SOL, resistance points where sellers can be active are $19.34 – $20.38 – $22.42, respectively.
