Solana Cheers SEC Guidance Saying Most Cryptos Aren't Securities, But Litecoin Can't Help Taking A Jab: 'Some Earn Their Way, Others…'

Benzinga03-18 10:56

The Solana (CRYPTO: SOL) ecosystem cheered on Tuesday after the Securities and Exchange Commission issued an interpretation clarifying that most cryptocurrency assets are not securities.Solana Among ...

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Litecoin’s Snarky RemarksMeanwhile, Litecoin’s official X handle threw a shade at Solana, stating, “Some earn their way, others pay to be there. I earned it.”\n\nThe new guidance differed sharply from the Gary Gensler-led SEC, which viewed cryptocurrencies other than Bitcoin as securities and treated them as “highly speculative, volatile assets” that most investors misunderstood.Price Action: At the time of writing, SOL was exchanging hands at $94.46, down 1.12% in the last 24 hours, according to data from Benzinga Pro.Photo Courtesy: CryptoFX on Shutterstock.comMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. 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