A May 22 report from research head Zach Pandl named ETH, SOL, BNB Chain and Canton as likely beneficiaries, while Kalshi priced Senate passage by August at about 22%.
Grayscale said U.S. crypto market-structure legislation could materially expand blockchain use in tokenized assets, or RWA (real-world assets onchain), and DeFi (decentralized finance) if the CLARITY Act clears the Senate. In a May 22 report, research head Zach Pandl identified ETH, SOL, BNB Chain and Canton as the networks with the most to gain from that shift. The report frames clearer rules as a potential catalyst for broader institutional and onchain activity, though political timing remains uncertain. Kalshi, a prediction market, put the odds of Senate passage by August at about 22%.