On June 5th, the crypto industry faced significant challenges as the U.S. Securities and Exchange Commission (SEC) initiated lawsuits against major exchanges such as Binance and Coinbase. In a sweeping move, the SEC also classified over a dozen cryptocurrencies, including Solana (SOL) and Polygon (MATIC), as securities. This wave of lawsuits has particularly impacted Cardano (ADA), Solana, and Polygon, leading to Robinhood, a prominent U.S. brokerage, announcing their delisting from June 27th.

Amidst these developments, the Solana Foundation has expressed its disagreement with the classification of SOL as a security through a statement on Twitter. Since the SEC's actions intensified, Solana's price has witnessed a decline of approximately 26 percent. The Solana Foundation has also voiced concerns for the numerous entrepreneurs operating in the United States' cryptocurrency space, emphasizing the need for regulatory clarity. Efforts by policymakers in this regard would be highly appreciated. The SEC has faced criticism in the past for its lack of clear guidelines for the crypto industry, often resorting to legal action instead. In this dashboard, we will thoroughly analyze the impact of the SEC lawsuit on the SOL token from various perspectives. We invite you to stay engaged until the end of this dashboard.

This dashboard aims to provide a comprehensive analysis of on-chain data from the Solana blockchain, specifically focusing on the SOL token, in relation to its recent classification as a security by the United States Securities and Exchange Commission (SEC). The dashboard is divided into several sections, each examining different aspects impacted by the SEC lawsuit.

• Section 1: Impact of SEC Lawsuit on SOL Price: This section analyzes the effect of the SEC lawsuit on the price of SOL and investigates any notable changes in price volatility.

• Section 2: Impact of SEC Lawsuit on SOL Transfers and Addresses: Here, the focus is on assessing the impact of the SEC lawsuit on the number and volume of SOL transfers, as well as the number of sender and receiver addresses for SOL.

• Section 3: Impact of SEC Lawsuit on SOL Swap Coins: This section evaluates the impact of the SEC lawsuit on SOL swap coins. It examines changes in the number and volume of swaps, user sentiment towards selling SOL, and any shifts in the number of first-time or active traders.

• Section 4: Evaluation of Staking Situation: The staking aspect is examined in this section, including changes in the number and volume of staking after the SEC lawsuit, the number of new stakers, activity levels of stakers, changes in active validators, and variations in the amount of staked SOLs in top pools.

• Section 5: Impact of SEC Lawsuit on Solana Chain Smart Contracts and Activity: The final section explores the impact of the SEC lawsuit on the development of Solana chain smart contracts. Additionally, it analyzes the activity levels of different parts of the Solana chain before and after the SEC lawsuit.

By structuring the dashboard in these sections, it provides a clear and organized presentation of the analysis, allowing for an in-depth understanding of the impact of the SEC lawsuit on various aspects of the SOL token and the Solana blockchain ecosystem.