Grayscale: Clarity Act passage would drive institutional capital to major chains

An improved regulatory environment for cryptocurrencies in the U.S. would likely lead to a concentration of institutional capital in major blockchains such as Ethereum, Solana, BNB Chain, and Canton Network, according to Grayscale. In a blog post, Zach Pandl, Grayscale's Head of Research, stated that regulatory changes, including the U.S. Clarity Act and new SEC guidelines, would spur the full-scale adoption of asset tokens and DeFi. "Currently, Ethereum, Solana, and BNB Chain are leaders across the asset token, stablecoin, and DeFi sectors, while Canton Network has also secured a foothold in tokenized assets with its unique network structure," he analyzed. Pandl also predicted that other platforms like Avalanche, Ethereum L2s such as Base and Arbitrum, Hyperliquid, and Tron would also benefit from increased regulatory clarity.