SEC Rules May Boost Activity for $ETH, $SOL, and $BNB
The US Securities and Exchange Commission (SEC) has introduced new rules for cryptocurrencies, which may benefit Ethereum ($ETH), Solana ($SOL), and Binance Coin ($BNB). On-chain issuance could drive value back to these networks, according to an analysis by KuCoin.
The new rules provide a clearer fundraising path for projects, which is expected to lead to more activity on major chains. This increased activity may be beneficial for Ethereum, Solana, and Binance Coin, as they are among the largest cryptocurrencies in terms of market capitalization.