Banks Build Positions in 8 Altcoins as Clarity Act Vote Approaches, Polymarket Odds Rise to 71%
Banks are quietly accumulating positions in eight altcoins ahead of the Clarity Act vote, with Polymarket odds on the bill's passage rising from 56% to 71% in one week, crypto analyst Tim Warren said. Former President Trump criticized banks on Truth Social for holding the bill "hostage", Warren noted in a recent video. Institutional interest is clustering around stablecoin infrastructure and real world asset tokenization, with target coins including Ethereum ($1,981), Solana ($84.47), XRP ($1.37), Chainlink ($8.78), HBAR ($0.0966), Canton Network ($0.1529), Uniswap ($3.83) and Ondo Finance ($0.25), many trading 60%–91% below all-time highs. Warren cited XRP's positioning after its SEC case and draft Senate language reportedly treating it as a "nonancillary asset", BlackRock's investment signal in Uniswap, and Ondo Finance down about 88% from its $2.14 ATH while processing over 60% of RWA conversions, framing the environment as suited for dollar-cost averaging over the next few years rather than short-term buying as the Senate Banking Committee aims for a vote in the second half of March.