Solana-Led Coalition Demands Regulatory Clarity: Industry Unites for Digital Asset Framework
In a landmark move for the cryptocurrency industry, over 70 blockchain organizations led by the Solana Policy Institute have formally petitioned the White House for urgent regulatory clarity. The November 20, 2025 letter to President Donald Trump represents one of the most significant coordinated efforts in digital asset history, highlighting the industry's maturation and need for comprehensive regulatory frameworks. This coalition emphasizes that regulatory uncertainty has become the primary barrier to innovation and institutional adoption in the United States cryptocurrency market. The petition specifically targets three critical areas requiring immediate attention: updated tax regulations that reflect the unique nature of digital assets, consumer protection frameworks for decentralized finance (DeFi) platforms, and clear guidelines protecting developers' rights and liabilities. The timing of this initiative is particularly strategic, coming well ahead of the 2026 deadline when many existing regulatory guidance documents are set to expire or require renewal. Industry analysts view this coordinated action as a turning point for major cryptocurrencies like Solana, which has positioned itself at the forefront of regulatory advocacy. The lack of clear guidelines has created significant challenges for projects building on blockchain networks, particularly those involving smart contracts and decentralized applications. This unified industry stance demonstrates how mature the cryptocurrency sector has become, with leading organizations recognizing that sustainable growth requires regulatory certainty rather than operating in legal gray areas. The Solana Policy Institute's leadership in this initiative underscores the network's growing influence in shaping digital asset policy. As one of the fastest-growing blockchain ecosystems, Solana has particular interest in establishing frameworks that support innovation while ensuring consumer protection. This petition could potentially accelerate the development of comprehensive cryptocurrency legislation, benefiting the entire digital asset ecosystem and potentially driving increased adoption and investment in compliant blockchain projects.
Crypto Industry Urges White House for Regulatory Clarity Ahead of 2026
Over 70 cryptocurrency and blockchain organizations have collectively petitioned the White House, urging immediate action to resolve regulatory uncertainties surrounding digital assets. The letter, addressed to President Donald TRUMP on November 20, 2025, emphasizes the need for updated tax rules, DeFi protections, and developer rights clarifications.
The coalition, led by the solana Policy Institute, seeks to establish a predictable framework for mining, staking, and non-taxable events like airdrops. Regulatory clarity, they argue, would foster growth and stability in the crypto sector, benefiting investors and developers alike.
Tax treatment remains a central issue, with the industry calling for modernization to reflect the unique nature of digital assets. The timing of the appeal—weeks before year-end—signals urgency as stakeholders prepare for 2026.
Bitwise Solana Staking ETF BSOL Hits $500M in 18 Days
The Bitwise Solana Staking ETF (BSOL) has surged past $500 million in assets under management just 18 days after launch, signaling robust demand for Solana-focused investment products. The fund stakes 100% of its holdings to capture annual rewards exceeding 7%, offering early investors a temporary 0% sponsor fee.
Hunter Horsley, CEO of Bitwise, attributed the rapid growth to crypto's mainstream adoption. "BSOL's half-billion milestone reflects conviction in Solana as a cornerstone of the crypto ecosystem," he said. The ETF now ranks as the largest Solana ETP in the U.S. market.
Solana Proposes Accelerated Disflation to Boost Scarcity
Solana developers have unveiled a proposal to double the network's disflation rate, potentially removing 22 million SOL from future supply. The move WOULD shorten the timeline to reach Solana's terminal inflation rate of 1.5% from 6.2 years to just 3.1 years.
At current prices, the accelerated disflation could prevent billions in potential selling pressure. The proposal signals Solana's ambition to combine its technical speed with disciplined tokenomics, rewarding long-term holders over short-term participants.
Market observers note the update could create structural scarcity as demand for SOL grows. The network's emphasis on economic sustainability mirrors broader crypto industry trends toward controlled supply dynamics.
Solana Holds at $125 Amid Market Turbulence as Remittix Gains Traction
Solana's price resilience at $125 contrasts with its seven-day downtrend, sparking renewed speculation among investors. While the token's underlying technology remains robust, its valuation struggles persist—largely attributed to holder sell-offs and Bitcoin-induced market volatility. Analysts now project a potential drop to $115, further accelerating the divestment cycle.
Capital is migrating toward emerging opportunities like Remittix, which combines aggressive growth with tangible utility. The shift underscores a broader market appetite for high-momentum assets amid Solana's uncertain recovery timeline. No exchanges were explicitly mentioned in this context.
