Grayscale Research identifies Ethereum, Solana, and BNB Chain as the three altcoins most likely to benefit from new US token regulations proposed by the SEC. The firm published its analysis hours after the SEC officially proposed Regulation Crypto Assets, a regulatory framework that gives startups a clear path to sell tokens to US investors. Research from the National Bureau of Economic Research shows that over 1,500 projects raised a combined $12.9 billion through initial coin offerings. The market is already reacting: Ethereum trades around $2,179 after a 15% jump in 24 hours, Solana at $86.98, and BNB near $630. Grayscale has also backed this theme by making BNB its largest holding in its Smart Contract Fund with a 30.6% weighting.
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