CLARITY Act: SOL Officially Classified as a Digital Commodity On May 14, the CLARITY Act (Clear Legal Authority for Responsible Innovation in Technology Act) passed the U.S. Senate Banking Committee by a vote of 15 to 9. This may be the most significant legislative development in crypto history. ① Core provision: Jurisdictional boundaries between the SEC and CFTC are clearly defined. Bitcoin, Ethereum, Solana, and XRP are officially classified as "digital commodities," not securities—elevated from institutional guidance to statutory law, making future reversal far more difficult. ② Market reaction was immediate: XRP rose 6.5%, and SOL climbed toward $91. More importantly, capital rotation is underway—institutional investors are shifting from relatively expensive BTC toward L1 alternatives with clear regulatory pathways. The CLARITY Act reduces the risk discount applied to altcoins. ③ My personal view: The long-term impact of this news is far greater than most realize. Previously, the unresolved question of whether SOL was a "security" or a "commodity" hung over every institutional investor. Now, the answer is enshrined in law. This means pension funds, insurance funds, mutual funds—entities previously barred from touching SOL due to regulatory uncertainty—now have a clear legal foundation. For SOL holders: The CLARITY Act is not a short-term boost—it’s a structural transformation. It redefines SOL’s legal standing within the entire financial system. @solana @Solana_zh @SolanaFndn #CLARITYAct #Solana #Regulation #DigitalCommodity