Dragonchain has seen a staggering surge of over 97% after the U.S. Securities and Exchange Commission announced its plans to dismiss a longstanding lawsuit against the project. The SEC’s move comes in response to ongoing discussions about the regulatory landscape surrounding cryptocurrencies. Investors have reacted positively to the news, reflecting renewed confidence in Dragonchain and its future prospects. This dramatic increase in value underscores the volatility and potential reward in the crypto market as regulatory clarity begins to emerge.