Dan Morehead, co-founder and managing partner of Pantera Capital, said in an interview with CNBC, "The cryptocurrency industry does not need Congress. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are already implementing what will be included in the Clarity Act." He added, "We are more optimistic about Solana than Ethereum. However, both blockchains have validity. I think dozens of core blockchains will emerge in the long term."