The U.S. has classified mainstream coins like $BTC, $ETH, $SOL, $ADA, $DOT, $LINK, $DOGE, $LTC, $XRP, $HBAR, and $SHIB as 'Digital Commodities,' not securities. The core logic behind this is that the value of these assets comes from the operation of decentralized systems + market supply and demand, rather than relying on teams hyping them up, managing expectations, or offering passive dividend rights. In one sentence: Truly decentralized native tokens = commodities; centralized tokens relying on narratives/teams are highly likely to be treated as securities and scrutinized. This means that in the future, a large number of altcoins and meme coins not on this list will have a very low ceiling, as significant inflows of capital are unlikely to enter altcoins labeled as 'securities.' On the flip side, in the long run, this is hugely beneficial for $BTC and $ETH. The clearer the regulations, the faster funds will flow back to high market-cap assets. That said, a friendly reminder: the above is meant to help everyone understand the long-term prospects of these assets. For now, the crypto bear market is still ongoing…