The U.S. CLARITY Act could become a major catalyst for Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and broader institutional crypto adoption, according to Bitwise Chief Investment Officer Matt Hougan.

What Happened: Crypto markets are entering a transition phase where regulation, infrastructure, and real-world use cases matter more than speculation, Hougan said on a Milk Road podcast episode.

Hougan argues the Clarity Act could deliver the regulatory certainty institutions have been waiting for, potentially reshaping the outlook for ETH, SOL, and the broader ecosystem.

Stablecoins are the largest real-world crypto use case, enabling low-cost, instant global payments and serving as a…

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