If the CLARITY bill fails to pass, where will Solana (SOL) prices go?

Solana is currently suffering heavy losses. SOL prices have fallen 2.04% to $72.97 in the past 24 hours. This is not an isolated case. The entire altcoin market is bleeding. The altcoin seasonal index fell nearly 14% to 37. This means money is flowing back into Bitcoin and safer assets, and no one is willing to risk betting on small currencies right now.

Strangely enough, Solana's network is busy: record activity, higher adoption rates, and stablecoins are flowing. But when markets become cautious, none of this matters.

To add insult to injury, the CLARITY bill-a bill that could bring clearer regulatory rules to U.S. cryptocurrencies-was blocked in the Senate. Lawmakers will enter their August recess in less than 48 hours. If no progress is made before then, the bill will be put on hold for several weeks.

So, everyone is asking the big question right now: If the bill dies in committee, where will the SOL price go?

What happened to the CLARITY Act?

The CLARITY bill once again encounters obstacles. The forecast market believes it has a 17% chance of passing this year.

The obstruction does not stem from ideology, but from procedural issues. Senate leaders were unable to even put it to a vote because they were still arguing over moral language. With time running out, lawmakers are ready to go home for August leave.

Some senators are still working on it. John Barrasso urged Congress to build on the GENIUS Act and push it through the finish line. Dave McCormick warns that if delays continue, jobs and investment in cryptocurrency will pack up and leave the country.

Even Elizabeth Warren admitted they need to take action on cryptocurrencies. She still doesn't like the way the bill is written, but at least she no longer completely denies the idea. As a result, after nearly a year of negotiations and hundreds of pages of amendments, the bill remains pending.

Warren: "We need cryptocurrency legislation." Please read it again. The biggest opponents of cryptocurrencies in the Senate say the industry needs rules. Her opposition was not directed at the law itself, but at its author. "Compiled by the cryptocurrency industry to protect the cryptocurrency industry." 11 months of negotiations, more than 300 pages...

One thing to remember: Last year, the GENIUS Act also failed on the first vote, but was passed 68 - 30 five weeks later. So it's not over yet. Congress will come back in September for about three weeks, and then the midterm election campaign will dominate. This window is tight, but it does exist. If negotiators continue to talk, there is still an opportunity.

Good news to support Solana prices

Prices did fall, but under the hood, Solana's engines were running at full speed.

July is a big month. Solana app revenue reached $82.9 million, the highest level since February. This gave them a 16.5% share of all blockchain revenue, actually surpassing Ethereum during that time. The supply of stablecoins hit a record high of US$15.7 billion. And Meme coins? As activity heats up, they account for about a quarter of trading volume on decentralized exchanges (DEX).

Four pictures of Solana: 1. Solana apps generated $82.9 million in revenue in July, the most since February. 2. Solana's share of network revenue rose to 16.5% in July, ranking third among all chains, surpassing Ethereum. 3. The supply of stablecoins increased to US$15.7 billion, a record high. 4. ...

Usage has also exceeded the sky. In just one week, Solana processed more than 1 billion non-voting transactions. It's not a clerical error-it's a billion. DeFi, stablecoins, tokenized physical assets, all of which are driving the network with unprecedented strength.

Institutional adoption also continues to expand. Zebec has launched its first stock-based supported payment protocol on Solana, allowing users to use tokenized stocks through Visa and Apple Pay. Backpack Securities also launched the company's tokenized stock on Solana ahead of Take-Two Interactive's earnings report, consolidating the network's leading position in tokenized stocks. The NFT market Rarible has also expanded to Solana and supports creator royalties.

Despite these developments, price movements remained weak as spot demand failed to keep pace with online activity. SOL is currently trading below its 100-day moving average ($78.06) and 200-day moving average ($84.71), putting pressure on the broader technical structure.

What the SOL chart shows

We looked at the SOL chart and momentum is still in favor of the seller. SOL has failed to recover its July peak near $82 in the past few weeks and has continued to hit lower highs. Prices are currently consolidating around US$73, with stochastic indicators falling to 3.06, which is in a deeply oversold area. The ultimate oscillation indicator is around 38.8, indicating that the buyer's power is currently weak.

Source:

The first support level to focus on is US$72. This level has been held many times since the end of July. If it breaks below, the next support level is $70. Further down, there is the $66 to $67 range in June.

For buyers to regain control of the situation, SOL prices need to rise above $76. Next comes the real test: $78 to $80. The region has so far prevented every rebound. Until the area was breached, sellers still dominated.

Related Solana News:

We asked Grok and DeepSeek AI about Cardano and Solana price forecasts until the end of August

Where will Solana prices go if the CLARITY bill fails?

If the CLARITY bill is shelved until September, Solana could still be stuck between $70 and $76. The network is working well, with record activity and increased adoption rates, which should prevent the situation from getting worse. But without a clear regulatory path, buyers will not be too aggressive.

Worse? The Senate returned without success, and the altcoins continued to bleed. Then SOL could fall to $66 or $70, the next real support level on the chart.

Worst case scenario? CLARITY completely failed, and altcoin sentiment continued to be depressed. If the altcoin seasonal index remains below 40 and sellers flock to it, SOL prices could fall back to $62 or $64. This is where buyers stepped in June.

SOL will remain trapped below its key moving average until Washington sorts out and money starts flowing back into the altcoin. If no one wants to buy, all online activity doesn't matter.

FAQs

If the CLARITY Act fails, what will Solana prices be?

If the CLARITY bill fails to make progress before the Senate recess, SOL prices may remain under pressure as regulatory uncertainty suppresses investor sentiment. Key support levels focus on US$70 and US$66, and if selling intensifies, it may reach US$62.

Why are Solana prices still falling despite record Internet activity?

SOL prices are struggling because broader altcoin sentiment remains weak. Although the network processed more than 1 billion non-voting transactions in a week and the supply of stablecoins reached a record $15.7 billion, spot demand has not kept pace with growth along the chain.

Can Solana recover if the CLARITY bill is delayed?

Yes. A postponement does not necessarily mean the end of Solana's bullish logic. If lawmakers revisit the CLARITY Act in September, institutional adoption continues to grow, and capital flows back into altcoins, SOL prices could rise back to key resistance levels of $76 and above $80.