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Ethereum Co-Founder Vitalik Buterin Expresses Concern Over Regulatory Pressures on Rival Crypto Projects

June 30 (Cointime) - Vitalik Buterin, co-founder of Ethereum, expressed concern over the recent regulatory pressures faced by other crypto projects, including Solana, stating that they do not deserve such treatment. He believes that it would not be honorable for Ethereum to "win" if other blockchain networks get kicked off exchanges. Buterin also noted that the real competition is not other chains, but the rapidly expanding centralized world that is imposing itself on the crypto industry.

The SEC's recent actions against major crypto exchanges, including Binance and Coinbase, have caused several digital assets, including SOL, ADA, and MATIC, to experience significant drops in their values as several major crypto platforms delisted them. However, there is potential for a "comeback" for these impacted assets, according to data shared by Julio Moreno, the head of research at CryptoQuant.

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