Well, to be clear, the SEC said that most digital assets can be considered unregistered securities, not everything. The SEC has a set of guidelines called the Howey Test, which is used to determine whether something is a security. If a cryptocurrency meets the criteria outlined in the Howey Test, then it may be considered a security. Therefore, it is not accurate to say that all other crypto projects can be considered a security, but rather it depends on the specific characteristics of each project and how they fit within the legal definition of a security.