The Solana Foundation has finally broken its silence with respect to the recent classification of Solana (SOL) alongside other cryptocurrencies as an investment contract by the United States Securities and Exchange Commission (SEC). In the recent address the firm shared on Twitter, it said it disagrees with the market regulator.
The Solana Foundation said it “welcomes the continued engagement of policymakers as constructive partners on regulation to achieve legal clarity on these issues for the thousands of entrepreneurs across the U.S. building in the digital assets space.”
The foundation blew its own trumpet that it has the strongest builder community in the broader digital currency ecosystem with the commitment to build exceptional projects and products in the broader industry. While its message is designed to reassure its community, the Solana Foundation highlighted its core mission of supporting “those building for the long-haul to continue to create the best blockchain for
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