Grayscale, one of the largest digital asset managers, has ranked the altcoins that will benefit most from clarity in the US cryptocurrency market. Accordingly, Grayscale Research, in a recent
Grayscale, one of the largest digital asset managers, has ranked the altcoins that will benefit most from clarity in the US cryptocurrency market.
Accordingly, Grayscale Research, in a recent report, identified Ethereum (ETH), Solana (SOL), BNB, and Canton Network as potential winners of the upcoming cryptocurrency legislation in the US.
At this point, Grayscale predicted that with increased regulatory clarity for digital assets in the US, ETH, SOL, BNB, and CC could be the assets that benefit most from institutional capital.
Grayscale’s report stated that the CLARITY Act and US SEC guidelines are likely to encourage growth in tokenized asset and DeFi markets.
The firm also stated that DeFi, stablecoins, or other chains with tokenized activities would also attract interest. Altcoins falling into this category included Avalanche (AVAX), Arbitrum (ARB), Hyperliquid (HYPE), and Tron (TRX).
Finally, Grayscale suggests that Bitcoin could also benefit from the clarity that will come with CLARITY and similar regulations, positioning BTC as one of the most secure collateral assets.
*This is not investment advice.
Continue Reading: Attention: Grayscale Names Four Altcoins! “US Law Will Benefit These Altcoins the Most!”
