Based on the XRP vs SEC ongoing legal battle it seems to be four key aspects that a digital currency would need to meet in order to be categorized a security. One of those is decentralization, as sufficient decentralization means that the company could go down or its key backers and the network would continue to exist.

Whereas with centralized assets you're investing and hoping that the company does well. Not only that, these entities can then use that leverage to manipulate or influence the price for their own purposes, something that cryptocurrency is meant to be protected from regardless.

I personally don't like the SEC. Nor other regulatory bodies targeting cryptocurrency, because it's a level of control we don't need to hand over to the government as we're all responsible for our own finances. But the decentralization aspect of this crackdown will result in many blockchain projects heading on the right path and setting priorities with their development to protect themselves from being targeted which is a good thing for us.

Look at how insanely robust the Ethereum network is thanks to its decentralization, and while Cardano itself might have some issues with speed and scaling, it would be a hard one to take down compared to Algorand or Solana.