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Last updated: June 17, 2025, 19:08  |  Written by: Naval Ravikant

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A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test.

New Lawsuit Claims Solana Is Unregistered Security'Investors

The SEC’s recent legal maneuver has attracted significant attention. On July 30, the SEC filed a document to amend its claims in its lawsuit against Binance, which initially

The SEC Will Not Kill Solana - SolanaFloor

SEC Concedes on Solana. But a SOL ETF Isn’t Any More - DailyCoin

Solana’s SOL accused of being an unregistered security

Is Solana a Security and Why Should It Matter to Investors?

Class action lawsuit claims Solana’s SOL is an unregistered security

Solana Foundation finally addresses ‘the elephant in

The Solana Foundation Disputes The

Speaking of lawsuits, XRP continues to deal with the label “unregistered security” as the SEC Vs Ripple case persists. Looks like XRP has got some company as

The Solana Foundation disputes the SEC's classification of its SOL token as an unregistered security. Echoing Ripple's ongoing legal battle, Solana maintains SOL isn't a

After XRP, Solana's SOL categorized under unregistered security;

Speaking Of Lawsuits

Speaking of lawsuits, the SEC vs. Ripple case is still pending, and XRP is still referred to as an “unregistered security.” Recently, SOL investor Mark Young filed a lawsuit in a federal court in

Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt. Solana Labs is the latest crypto company to

In response to the SEC’s allegations that Solana is an unregistered security, the Solana Foundation has strongly contested this characterization. The Foundation asserted

Solana Foundation: SOL Is 'Not a Security' - CoinDesk

Naval Ravikant can be reached at [email protected].

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