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SEC Approval Probability for Solana and Litecoin Reaches 90%

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by Giorgi Kostiuk

4 hours ago


Recent analysis shows that Solana, Litecoin, and crypto indices have a 90% chance of SEC approval in 2023 due to strong institutional support.

Solana and Litecoin: Leaders with High Approval Odds

At the top of the list are Solana and Litecoin, each carrying a 90% chance of SEC approval this year. These assets have strong institutional backing, with firms like Grayscale, Bitwise, and Franklin filing applications.

XRP: Awaiting a Key Decision

XRP follows closely behind with an 85% probability of approval, though it faces additional regulatory scrutiny and pending developments—most notably a key update expected from the CFTC by April 21.

DOGE, HBAR, and Avalanche: Lagging Behind

Dogecoin and HBAR show 80% approval odds, while Cardano, Polkadot, and Avalanche each carry a 75% chance. While these projects have growing ecosystems and market caps, they may face slightly more SEC hesitation.

Given the nature of these assets and their compliance with SEC criteria, the coming months could prove pivotal in shaping U.S. crypto investment access.

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