Solana Price Drops 18% as SEC Scrutiny Hits Staking ETFs

The post Solana Price Drops 18% as SEC Scrutiny Hits Staking ETFs appeared first on Coinpedia Fintech News

The month of June has just begun, and the Solana price is struggling near a resistance zone, and in the intraday session, it bled 3%, facing rejection from the 50-Day EMA band. The bearishness intensified when on May 30th SEC raised shocking concerns over the legality of two proposed staking ETFs from a firm known …