Grayscale Names 4 Altcoins Likely To Benefit From the CLARITY Act

Asset manager Grayscale named four blockchains best placed to absorb institutional flows after the CLARITY Act passes. The list pairs Ethereum and Solana with BNB Chain and Canton Network.

The Digital Asset Market Clarity Act cleared the Senate Banking Committee on a 15-9 vote on May 14. The bill would split crypto oversight between the SEC and CFTC, and now heads to the full Senate floor.

Why Grayscale Picked These CLARITY Act Beneficiaries

Ethereum (ETH) leads the field for assets with full on-chain functionality, Grayscale wrote. BNB Chain and Solana (SOL) follow in second and third place.

The same three networks rank highest by stablecoin supply and DeFi total value locked, the firm said.

The four chains were also part of Grayscale’s broader tokenization megatrend picks earlier this year. The firm sees regulated capital flowing toward networks with the deepest on-chain finance footprints.

That dynamic favors incumbents already wired into traditional finance pipes.

“Regulatory clarity is coming, and a rising tide will likely lift digital assets broadly. It’s targeting the chains already leading tokenized assets, stablecoins, and DeFi: $ETH, $SOL, $BNB, and $CC,” Grayscale wrote in a post.

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Canton Network Takes a Different Route

Canton Network (CC) sits apart from the other three. The privacy-focused Layer-1 was built specifically for regulated institutions, and a recent Canton Network ETF launch gave retail investors exposure.

It now hosts DTCC’s tokenized U.S. Treasury pilot, with J.P. Morgan, HSBC, and Visa among its validators.

“Wall Street is already onchain. $350B settles daily on Canton, with over $6T in tokenized real-world assets and institutions like JPMorgan and DTCC building in production,” the network said recently.

Grayscale also flagged Avalanche, Base, Arbitrum, Hyperliquid, and Tron as altcoins set to benefit from the new framework.

The next Senate floor vote will test how quickly capital follows policy. The Senate Banking Committee vote cleared the first major hurdle on May 14.

With 60 votes needed for final passage, the bill’s path depends on Democratic support.

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