Okay, let's talk crypto. You've seen the headlines: Solana ETF launched, but...crickets? The hard underperformance in relation to Ethereum is raising a lot of eyebrows. Truthfully, it ought to enrage you. Is the SEC slightly, or perhaps less so, shading Solana, while golden-childing Ethereum? It sure feels that way.

SEC's Stance: Ambiguous or Biased?

Let's be real. To many, the crypto world still seems like the Wild West. The SEC sheriff was just doing his job, trying to make sure everyone is playing a fair game. What happens if that sheriff is issuing permits on the basis of who is his favorite? What if they’re just stacking the deck for the incumbents while making it impossible for the future competitors to succeed.

The release of the REX Shares Solana Staking ETF should have been a victory lap for SOL. Over $8 million in trading volume within the first 20 minutes? That's a solid start. Then you look over and see Ethereum rocketing past it, making Solana look like an entirely different league, and you have to wonder why.

No full SEC approval (S-1) This too, is a HUGE red flag. It’s equivalent of assuming that we give the very fast race car a participation trophy and we give the slower car a nitro boost.

Polymarket, the NFT-based prediction market, is alive with wagers on whether or not the ETF will be approved. That alone speaks volumes. So why is there so much confusion about this? Is the SEC dragging its feet? If so, why?

It's not just speculation. Institutional investors need regulatory clarity. They're not going to pour billions into something that's shrouded in doubt. The SEC's hesitation sends a clear message: "Solana is risky. Ethereum is safe." Is that true? Or is this a self-fulfilling prophecy of the SEC’s own making?

Innovation Stifled By Regulatory Favoritism?

This isn’t only about less or more money. It's about innovation. Solana is an incredible, game changing blockchain, and it really does have the power to help us upend the old guard. It provides significantly quicker transaction times and cheaper transactions compared to Ethereum. It’s a compelling option, an upstart, an underdog on the throne.

Yet if the SEC is repeatedly placing objecting hurdles along Solana’s way, how could it ever effectively compete? How can smaller ETF issuers like REX Shares, with their $5 billion AUM compared to BlackRock's $11.5 trillion, possibly level the playing field when they're facing both market headwinds and regulatory uncertainty?

The SEC’s actions (or inactions) have tangible impacts in the real world. They can kill off innovation, reduce competition, and in the end, harm YOU, the taxpayer.

Remember the early days of the internet? Just imagine if regulators had chosen to protect nostalgia media darlings like AOL while keeping new entrants like Google down. Where would we be today?

This won’t only have ramifications for crypto but for the future of finance entirely. We require a regulatory environment that encourages innovation, not one that shields the status quo.

Demand Fair Treatment For Solana Now!

This isn't just about Solana. It's about the future of crypto. It’s not about picking winners and losers — it’s about making sure everyone plays by the same rules. It’s more than just that, it’s about insisting that our regulators serve the needs of investors, not the status quo old guard.

  • Contact the SEC. Let them know you're watching. Let them know you demand fair treatment for Solana. Flood their inboxes, tag them on social media. Make your voice heard.
  • Spread the word. Share this article. Talk to your friends. Educate people about what's happening. The more people who are aware, the more pressure we can put on the SEC.
  • Invest in Solana. Show the market that you believe in its potential. Even a small investment can send a message.

Don't let the SEC play favorites. Demand fair treatment for Solana. The future of crypto depends on it.

Don't let the SEC play favorites. Demand fair treatment for Solana. The future of crypto depends on it.