The world’s digital economy focused on the financial platform said that capital organizations first target the four blockchain networks as clear rules.
In the new reportGrayscale says that it is expected to change the law, including the Clarity Act that aims to establish regulations in groups and regulate the digital economy and guidance from the US Securities and Exchange Commission (SEC), which may drive the use of cases such as tokenized assets and decentralized money (DeFi).
The firm says that the development may benefit from the leading chain of tokenized goods and DeFi, namely the leading smart contract platform Ethereum (ETH), the high-performance network Solana (SOL), and the Web3-directed decentralized blockchain BNB chain and privacy-supported Canton Network (CC).
“This rising tide can lift all boats in the digital product industry. But at the moment, a few blockchains dominate the industry, including Ethereum, Solana, BNB Chain, and Canton Network. Institutional capital will look at these networks first, in our opinion.”
Grayscale says several other blockchains should also benefit from regulatory clarity, including hybrid networks like Avalanche (AVAX), Ethereum layer-2 blockchains like Base and Arbitrum (ARB), specialized blockchains like Hyperliquid (HYPE) and stablecoin networks like Tron (TRX).
Strong says that Bitcoin (BTC) is also likely to benefit even though the main blockchain network and market capitalization does not natively support smart contracts and has a limited layer-2 network environment.
“It will also benefit from being recognized, in our view, as the industry’s safest asset class and leading collateral.”
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