Solana Clinches 5-Month High, Where to From Here?

Variant Fund chief authorized officer Jake Chervinsky maintains that decentralized public blockchains remain the regulatory standard for product growth, despite current bulletins of corporate-controlled layer-1 (L1) networks. Chervinsky argued on X that many new L1s constructed by firms for product-specific causes are “pointless” and “unhelpful” from a regulatory perspective. He famous that no US regulator…