Grayscale Says Ethereum, Solana and Two Additional Blockchains Poised To Benefit From Clarity Act

Grayscale's report says anticipated regulatory clarity — including the Clarity Act and forthcoming SEC guidance — will drive institutional capital toward a small group of blockchains that dominate tokenization and DeFi. Ethereum is highlighted as the primary smart-contract hub, with Solana, BNB Chain and Canton Network identified as the initial institutional targets. Grayscale also expects other networks such as Avalanche, Arbitrum, Base, Hyperliquid and Tron to benefit, and says Bitcoin will gain as a secure asset and collateral. The firm’s outlook implies potential concentration of early institutional flows into these chains, which could boost on‑chain activity, tokenized-asset issuance and valuations for the named networks as regulatory uncertainty diminishes.