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Solana Foundation is currently fighting with the SEC for classification of SOL token as an unregistered security - 2
SOL price is currently favoring a downside trend in price. It has seen a drop of 16.52% in the intraday session
Solana is a blockchain technology which has seen a mass adoption since then.Solana is designed to facilitate dapp creation. The ecosystem has seen an interest from the retail traders and institutional traders alike.Solana uses proof of stake and proof of history to validate the transactions. Solana is also very energy efficient than the other crypto currencies.
Solana protocol intends to …
Source: https://www.thecoinrepublic.com/2023/06/10/solana-is-not-a-security-but-sol-price-falls-continues-to-fall/