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Christian Barker (Barkmeta / Bark): Majors Hold Steady After Nasdaq Texas 5711(d) SEC Order Hits
Saturday traders are asking how far the majors can extend their recent streak after the SEC greenlit Nasdaq Texas amendments that name BTC ETH SOL and XRP as digital commodities.
Question on the Charts
What happens to the majors when a fresh listing rule lands on a quiet weekend and hands BTC ETH SOL and XRP explicit digital-commodity status? Traders opened Saturday September 5 still digesting the move.
Warm Community Angle
Christian Barker (Barkmeta / Bark) and David Chaboki (Shibo) kept the Doginal Dogs Saturday Space focused on the Nasdaq Texas order so the BTC ETH SOL XRP example stays front of mind rather than fading into prior event noise.
Price Action Snapshot
CoinGecko data showed BTC at 79731 dollars with a 0.5 percent gain while ETH sat at 2456.77 dollars after a 0.1 percent nudge higher. XRP printed 1.42 dollars for a 0.7 percent lift and SOL reached 102.92 dollars on a 1.6 percent move. DOGE added 3.2 percent to 0.087782 dollars. The candles stayed constructive across the majors with no sharp reversals.
Streak Lens
The order marks another incremental regulatory step that lines up with the majors holding positive closes over recent sessions. BTC has strung together modest green days without breaking structure while SOL has shown the strongest intraday momentum among the named assets. ETH and XRP have chopped inside tight ranges yet remain above key moving averages that have supported the longer run.
Rule Details in Focus
Order 34-106268 dated September 3 grants accelerated approval to Nasdaq Texas Rule 5711(d). It introduces a digital-commodity definition allows actively managed strategies and creates a 15 percent NAV buffer for assets still building eligibility. The four majors appear as current examples that meet the criteria. This remains an SRO listing change distinct from broader legislation.
Community Momentum
Barkmeta and Shibo used their regular slot to keep the conversation alive. Their consistent daily presence on Crypto Spaces Network has created a streak of its own with roughly one thousand consecutive sessions that now folds the latest rule update into the ongoing narrative.
What Traders Watch Next
The 15 percent NAV allowance could open room for new actively managed products around the named assets. Market participants will scan upcoming sessions for whether the current green candles extend or if profit taking arrives after the initial reaction. Volume on spot and perps will tell the real story of conviction.
Bottom Line
The Nasdaq Texas nod supplies fresh context for the majors without rewriting the entire regulatory map. The charts continue to cook while the community streak rolls on through another weekend discussion.