The Genius Act passed in the Senate and is now in the House. This is the next step for the act to turn into Law. So, we look at 4 altcoins that will benefit most from the Genius Act.
Some blockchains have a big head start. But can they hold on and win in the end? Which altcoins are ready to pump and cash in from this regulatory clarity? Let’s take a closer look.
Ethereum ($ETH) is likely to benefit the most from the Genius Act. It has the biggest DeFi infrastructure of all chains combined and is the first on today’s list of altcoins. Its TVL is still 7.4x greater than the second-biggest chain with TVL, Solana. To be precise, that’s $61.4 billion over $8.3 billion.
Ethereum is also still the primary blockchain for stablecoins. It’s the main settlement layer for major stablecoins. Like $USDT, $USDC, and $DAI. They are leading this charge. So, if stablecoins get regulated, Ethereum can expect more transaction volume. This, in turn, will lead to more transaction fees. Stablecoins already dominate these fees. In other words, regulated stablecoins will give Ethereum more revenue.
For example, check this picture below. It shows that stablecoins are among the top 5 users on Ethereum during May.
Source: 21Shares
The most issuance of stablecoins also happens on Ethereum. This is likely to increase with regulated stablecoins.
Ethereum is also positioning itself to handle this volume increase. For example, by improving scalability, by means of the Dencun upgrade. This, in turn, should attract more institutional interest in Ethereum. Institutions want compliant and scalable options. Currently, Ethereum already hosts around 50% of all stablecoins. That’s worth anywhere between $100 and $125 billion.
The current $ETH price is around $2.450. The Genius Act could well be a catalyst for a further $ETH price increase.
Ripple and $XRP should also benefit from stablecoin legislation. It positions itself as a major cross-border payment service. However, don’t forget that Ripple also has its own in-house stablecoin, $RLUSD.
The Genius Act most likely will include features, like,
Furthermore, in the US, Ripple secured over 50 money transmitter licenses. This covers various U.S. states. So, this means that Ripple can offer cross-border payment services to US banks and the like. For this, it will use XRPL and $RLUSD. The Genius Act could be a real booster for the $RLUSD stablecoin. And $RLUSD could really use such a booster, since it hasn’t performed as well as Ripple hoped for.
The current $XRP price is $2.18. Passing of the Genius Act should have a positive effect on the $XRP price.
With Solana ($SOL) we have another hot iron in the stablecoin fire. The big advantage that Solana brings to the table is its low transaction cost and high TPS among all altcoins. That’s the transactions per second. They can go up to 65,000 TPS. In other words, transactions on Solana are cheap and very fast. That’s what stablecoin providers like. A lot.
The Genius Act will be a net positive to not only Ethereum, but also to other layer 1 chains. Solana is such a major network and has a massive ecosystem. As a result, the Genius Act should bring more transactions and liquidity to Solana. This, in turn, should benefit its broader ecosystem and give $SOL a boost.
Kristin Smith has been very supportive of the Genius Act. She’s President of the Solana Policy Institute. There’s strong bipartisan support for this Act. With Kristin’s proactive stance towards the Genius Act, this could work out positively for Solana. This may ease regulatory acceptance. More institutions could also show interest for Solana based stablecoins.
Furthermore, this could lead to government funding and budget operations. Again, this would benefit Solana based stablecoins.
The current $SOL price is $145. Like all coins mentioned today, the Genius Act can be a catalyst for their price development.
When we talk about stablecoins, you can’t leave out Tron and its $TRX token. Tron is the most used chain to move stablecoins around after Ethereum and the last of today’s altcoins I discuss.
For example, look at this chart below. It shows the top stablecoin changes by chain over the last 24 hours. Tron leads this chart by a street length and a bit. Ethereum even has a negative supply over the last 24 hours. It guards the bottom spot of this chart!
Source: Artemis
On a different chart, by Nansen, we can also see that Tron has the most DAUs or daily active addresses. It’s up by 1.4% and Ethereum is down by 5.9%.
Source: Nansen
Justin Sun is Tron’s founder. He’s actively been in talks with U.S. lawmakers. He’s also involved with World Liberty Financial, which is part of the Trump empire. His vision is to position Tron as a way forward to cement US leadership in crypto. This goes hand in hand with the Genius Act. It should position Tron in a prime position to lead with growth in the US market.
The current $TRX price is 27 cents. That’s only 36% away from its 43 cents ATH.
So, how do you see the Genius Act? Do you think it will have an impact on various altcoins and the crypto sector? Let me know your thoughts on this in the comments. And do join us in our lively discussions on social media. Join our X and Discord channels.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
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Total Ethereum Stablecoin Supply. USDC vs USDT over the past year on ETH. All-time highs are being broken for stablecoin issuance! Source: AmberLens intelligence.amberdata.com
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Big moment for crypto in the U.S. 🇺🇸 Here’s what the GENIUS Act could mean for you: ✅ Stronger protections for your stablecoins ✅ Clear rules for stablecoin issuers ✅ More trust in using crypto for everyday payments and savings If signed into law, this first-of-its-kind bill
We're hopeful the House will take up the GENIUS Act quickly and move it along to President Trump for a signature. Thank you, @tanayamacheel, for having me on to discuss the GENIUS Act, Solana ETFs, Project Open and more! cnbc.com/video/2025/06/…
