Solana Foundation Defends SOL Against SEC's Security Classification

TL;DR Summary
Polygon responded to SEC's litigations by emphasizing its global focus and confidence in future development. The crypto community welcomed Polygon's response, potentially improving sentiment surrounding MATIC, which has witnessed a significant decline in recent days. Social mentions and engagements related to MATIC have been increasing, indicating a potential rebound in network usage. However, there has been a material decline in Polygon's number of active addresses and transactions over the past few weeks.
- Polygon responds to SEC’s litigations, market reacts AMBCrypto News
- Solana, Polygon React to SEC's Token Classification BeInCrypto
- SOL is not a security, says the Solana Foundation Cointelegraph
- Solana gets dragged into centralization vs securities tussle AMBCrypto News
- Solana Foundation Stands Against SEC's SOL Security Classification U.Today
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