XRP, SOL, HBAR & More Poised for Bitcoin-Like Legal Status Under Crypto Bill Draft — Bullish for Altcoins?

The article analyzes a Senate Banking Committee draft bill, CLARITY Act, proposing Bitcoin-like treatment for Hedera (HBAR) and other network tokens (XRP, SOL, LINK, DOGE) by classifying them as digital commodities rather than securities. It emphasizes decentralization, exempting secondary market trading from securities rules, and enabling ETF/ETP inclusion as non-ancillary assets. If enacted, this could unlock spot altcoin ETFs and reduce regulatory risk, advancing institutional adoption and clearer jurisdiction between the SEC and CFTC for Hedera and related tokens.