The Solana community is considering a hard fork as a potential solution to protect the SOL token from the SEC's regulatory actions. The platform has faced challenges since being caught in the SEC's spotlight and experiencing the fallout from FTX's collapse.

While some influencers and nearly 40% of participants in a poll are in favor of a hard fork, the community remains divided on the issue and there is no concrete plan for implementation. Meanwhile, SOL price remains in a downtrend, with bears in control, and breaching the immediate support level could induce more market panic.