MATIC Faces Long-Term Struggle For Growth As SEC Claims It’s A Security

MATIC is currently facing increased uncertainty as it has been officially classified as a security by the US Securities and Exchange Commission, as revealed in the recent filing against Binance.
Consequently, the Polygon blockchain token experienced a significant drop of 31% within a week, setting a new record. However, there is some positive news as it has managed to recover, witnessing a promising rebound of over 11% in the last 24 hours.
L2 coins will be the next bullrun coins. Already knew,