Ethereum's Vitalik Buterin supports tokens hit by SEC crackdown
Ethereum ranks among the few cryptocurrencies that the Securities & Exchange Commission (SEC) left out of its list of securities. While many in the cr...
- Vitalik Buterin, co-founder of Ethereum, believes that the US policy shift on crypto has negatively affected several projects, including Solana.
- Buterin states that the real competition for Ethereum is not other projects, but the wider "centralized world."
- He calls for a fair outcome in the current SEC crackdown on altcoins.
- The Total Value Locked (TVL) in Ethereum's competitors, such as Solana, Polygon, and Cardano, has decreased over the past month due to the regulatory crackdown.
The sentiment in the article is mostly negative, as it discusses the negative impact of the US policy shift on crypto projects and the decline in TVL for Ethereum's competitors.