VanEck Research Director: The passage of the CLARITY Act will trigger a huge rebound for L1

Matthew Sigel, the Head of Digital Asset Research at VanEck, stated that if the U.S. CLARITY Act is passed, it will trigger "an enormous relief rally" in L1 tokens.

Sigel's remarks focus on the potential impact of regulatory progress on native assets of public chains. The CLARITY Act aims to provide a clearer regulatory framework for digital assets, and the market generally views it as one of the important legislative variables affecting the risk appetite for crypto assets.