| Mobile Web

Real-utility tokens gain attention as Grayscale names potential Clarity Act beneficiaries

As debate in the U.S. Congress over the Clarity bill advances, crypto application tokens that generate actual fee revenue are being reassessed. Grayscale said tokens tied to on-chain trading, lending and staking could benefit if a federal regulatory framework reduces uncertainty for digital assets and related firms. It highlighted Hyperliquid in trading and also cited projects including PancakeSwap, Jupiter, Aerodrome, Raydium, Pump.fun, Aave, Sky and World Liberty Financial, while noting valuation and fee-distribution limits.