Solana Listed as 'Digital Commodity' by SEC: Staking Yield at 5%-7%
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn March 17, the SEC and CFTC classified 16 major cryptocurrencies, including Solana, as 'digital commodities.' Solana's current price is approximately $90, having decreased by about 36% over the past 12 months. The staking yield for Solana is between 5% and 7%, offering competitive returns compared to traditional investments. The liquid staking sector holds over $6.4 billion in total value locked (TVL), with potential for growth following the new guidelines, which may stimulate ETF inflows and market interest.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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