Solana price tests $122 as new US stablecoin rules take shape
5 Articles
5 Articles
Latest Solana Price Faces New Test as Stablecoin Rules Enter Review in Cryptocurrency
TLDR: Solana price moved above $120 and reached $122.18 during the session, placing the $122 to $124 band at the center of the next technical test. The Federal Reserve opened comment on two GENIUS Act proposals covering reserves, capital, custody, risk management, and application procedures for supervised issuers. The Federal Reserve action does not regulate
Solana Price Faces New Test as Stablecoin Rules Enter Review
TLDR: Solana price moved above $120 and reached $122.18 during the session, placing the $122 to $124 band at the center of the next technical test. The Federal Reserve opened comment on two GENIUS Act proposals covering reserves, capital, custody, risk management, and application procedures for supervised issuers. The Federal Reserve action does not regulate Solana or endorse SOL, although stablecoin regulation can shape how supervised issuers …
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