Earlier in its lawsuit against Binance, the Securities and Exchange Commission (SEC) classified MATIC and SOL as securities.
Both companies commented on the situation. Polygon Labs noted that MATIC is an integral part of the protocol, is not designed for profit and has never been promoted in the U.S. market.
Solana Foundation noted that they "do not agree" with this SOL definition, but "support" the participation of politicians in a constructive dialogue to form unified rules for the industry.
