Over 200 Crypto Firms Now Back the Clarity Act. If It Passes, This 1 Cryptocurrency Could Soar in Price

A coalition of over 200 crypto firms is urging the Senate to pass the Digital Asset Market Clarity Act, which would establish a federal regulatory framework for digital assets and clarify SEC/CFTC roles. If passed, Solana could benefit significantly as it would likely be reclassified as a digital commodity regulated by the CFTC rather than the SEC, potentially attracting more investors and yield-seeking participants.