Grayscale Investments says four blockchain networks are positioned to benefit the most if the proposed CLARITY Act becomes law in the United States.
In a research note published on May 22, Grayscale identified Ethereum, Solana, BNB Chain, and Canton Network as the biggest potential winners from clearer crypto regulations.
The company said these networks currently lead the market in areas such as tokenized assets, stablecoin activity, transaction volume, and decentralized finance (DeFi) value locked.
According to Grayscale, Ethereum remains the strongest blockchain for tokenized assets, followed by BNB Chain and Solana. Canton Network was highlighted as a major institutional settlement network with growing support from large financial companies.
Grayscale noted that Canton Network now handles more than $348 billion in tokenized real-world asset value and is involved in projects linked to organizations such as JPMorgan Chase, HSBC, Visa, and the DTCC.
The report also corrected earlier confusion from some media outlets that mistakenly believed Cardano had been included in the top four list.
Grayscale’s Head of Research, Zach Pandl, said regulatory clarity would likely benefit the entire digital asset industry, including Bitcoin.
The firm also named several other blockchain networks as secondary beneficiaries of the CLARITY Act, including Avalanche, Base, Arbitrum, Hyperliquid, and Tron.
These networks were recognized for having strong decentralized finance ecosystems and growing involvement in on-chain financial services.
The CLARITY Act recently advanced through the Senate Banking Committee with bipartisan support and is now moving closer to a full Senate vote.
If eventually approved, supporters believe the legislation could bring long-awaited regulatory certainty to the US crypto industry and attract larger amounts of institutional investment into blockchain networks and digital assets.
