Tokens that may outpace BTC if the Senate advances the Clarity Act: Crypto Daily

Still, bitcoin could be a relative laggard because its regulatory status, ETF access and institutional infrastructure are already comparatively well established, both Sun and Zhang said. Ether is likely to be the strongest relative beneficiary, Zhang said, given its remaining regulatory uncertainty and its role as a settlement layer for stablecoins, decentralized finance and tokenized assets.

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“If today’s procedural vote passes smoothly, crypto assets like BTC and ETH will likely see an immediate, direct positive reaction, but the market will soon begin hunting for assets that genuinely benefit from the shifting regulatory framework,” Sun told CoinDesK.

Solana (SOL) and XRP (XRP) could also benefit from clearer boundaries between the SEC and CFTC, potentially improving institutional access, product issuance and long-term capital inflows, he added.

Zhang said that XRP may react strongly, although some of the regulatory gain appears to be priced in.

DeFi tokens UNI and AAVE offer higher-beta exposure if the legislation clarifies protections for non-custodial software developers and decentralized protocols, Zhang and Sun said.

Zhang cautioned that today’s vote is only a cloture vote, not final enactment. A brief spike followed by fading prices would suggest a headline-driven trade, she said. A durable repricing would require ETH to outperform BTC, sustained strength in UNI and AAVE, rising spot volume rather than leveraged futures activity, and follow-through over several sessions.