Staking has always been an essential part of crypto investments and ecosystem involvement.
In our view, this is yet another step in the right direction from a pro-crypto SEC and United States writ large. It not only allows crypto development to thrive but also pushes investors (and institutional interest) toward digital assets.
This slow-but-steady liberation of the crypto industry will likely lead to more adoption and higher price points for blue-chip cryptos like Bitcoin and Ethereum.
Let’s go over what the SEC’s stance on staking is, and what this could mean for you.
From the outset, the SEC is very clear that staking doesn’t fall under the Securities Act.
It is the Division’s view that “Protocol Staking Activities” (as defined below) in connection with Protocol Staking do not involve the offer and sale of securities […] participants in Protocol Staking Activities do not need to register with the Commission transactions under the Securities Act […]
This includes staking as a service from exchanges like Kraken. So, both solo staking (through staking pools) and institutional staking (through companies) are good to go.
The letter was backed by the likes of Galaxy, Kraken, and Consensys. And the core demand was ‘guidance for staking and staking services, similar to the SEC’s recent statement on proof-of-work mining.’
Well, it seems the SEC not only listened but provided just that.
After giving this a read, it’s pretty clear to us that the SEC will be treating staking identically to mining, in that neither implicate securities laws.
Almost 28% of $ETH’s total supply is being staked, which is an exponential increase after the Shanghai upgrade in 2023.
Let’s take a look at one such project—Snorter Token, a coin-sniping Telegram bot with a full suite of trading features.
The project is essentially a Telegram trading bot, the Snorter Bot, with an all-in-one interface for:
$SNORT promises the fastest execution and cheapest fees on Solana and a multi-chain ready platform planning to launch on Ethereum, BNB, Polygon, and Base.
After raising over $270K in just two days since going on presale, $SNORT has reached a token price of $0.0935 – you won’t find it cheaper than it is right now.
Naturally, the token price should be much higher than $0.0935 in a year, which should increase your prospective gains down the line.
With the SEC’s 180-shift from a restrictive Gensler era to a flexible and understanding Atkins era, the tides seem to be changing in crypto’s favor.
US President Donald Trump is more involved in crypto than ever before, and we have no reason to doubt that, under his leadership, crypto (staking included) should undergo positive changes in the future.
Don’t forget to DYOR, and never invest more than you can afford to lose. The crypto industry is prone to volatility, and presales are inherently riskier.
