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A major regulatory shift occurred in late 2025 when the CFTC formally classified Solana as a commodity, establishing its oversight framework through approved derivatives products. This classification has significant implications for the US market: SOL now falls under anti-wash trading regulations, aligning with broader commodity market standards. The CFTC's move effectively crystallizes SOL's regulatory status, treating it with the same compliance requirements as traditional commodities. For traders and projects operating in US jurisdiction, this means stricter scrutiny on trading patterns and market manipulation prevention.