Solana Listed as 'Digital Commodity' by SEC: Staking Yield at 5%-7%

AI Summary

On 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.