Solana price falls 5.65%: SEC lawsuit raises concerns about crypto token classification

00:00 - Solana price falls 5.65%: SEC lawsuit triggers concerns about crypto token classification 02:57 - Pump.fun Legal war: 550 million Memecoin plan is sued, RICO fraud charges are exposed 1. Solana price falls 5.65%: SEC lawsuit triggers concerns about crypto token classification On July 25, 2025, Solana's trading price fell to $178.18, a drop of 5.65%. The fluctuation is due to the re-issuance of the Securities and Exchange Commission’s lawsuit, which has led to increased market concerns about the classification of cryptocurrencies. The video will provide an in-depth analysis of how the SEC's enforcement actions affect market sentiment in Solana and other crypto tokens, as well as current technical analysis and future market prospects. Learn about Solana's support and resistance levels and how investors should cope with the ever-changing regulatory environment. 2. Pump.fun Legal War: 550 million Memecoin plans are being prosecuted, and RICO fraud charges reveal that the Pump.fun platform was sued for suspected manipulation of token transactions, involving $550 million in fraud charges. The case involved anonymous developers Bernie, Baton Corp and Solana, accusing them of using false hype and fast token cycles to make profits. The lawsuit claims that the platform is similar to an illegal casino, which extracts user funds through token selling and violates the Anti-Fraud and Corrupt Organizations Act (RICO) and fraud provisions. Meanwhile, Solana Labs and Jito Labs are accused of making profits through validator fees and liquidity strategies. The incident caused market panic, the price of PUMP tokens plummeted, and early investors lost more than $16 billion. This video analyzes the crypto economic risks and regulatory challenges behind this legal battle.