SEC Greenlights Tokenized Stocks on Solana, Boosting SOL Price
Solana's price has increased by 1.43% to $116.66 in response to the SEC's recent order allowing tokenized stocks with full shareholder rights to trade on public blockchains, including Solana.
The five-year order removes compliance barriers for issuers and trading platforms, expanding access and liquidity on the network.
As a result, demand for SOL is expected to grow, contributing to the positive momentum in its price.