What a massive win...
The SDNY lawsuit against Solana Labs && the Solana Foundation just got dismissed
This is bigger than the headline
The entire memecoin launchpad model had a legal question mark hanging over it. Around simply just the legalities of launching tokens and what not...
That overhang just got meaningfully smaller.
&& the timing is perfect...
This dropped the same day...
> ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 (basically but on Robinhood Chain) is hitting all-time highs
> fomo is all time high users, volume, and more
> More on-chain activity with memes across the board, than we have basically seen in a year+
Legal risk down.
Volume up.
🚨BREAKING: A federal judge dismissed all claims against @Solana Labs, the Solana Foundation, and named executives in the @Pumpfun class action. The court also ruled the $FRED and $GRIFFAIN memecoins held by plaintiffs were not securities.