Sharplink CEO points out 3 catalysts for Ethereum's price to surge higher

The rest of the world is “really closely” watching the US CLARITY Act as the nation moves further away from the previous “hostile stance,” according to Sharplink’s chief.

Ethereum needs three catalysts to fall into place for its price to regain momentum and surge higher, according to SharpLink Gaming CEO Joseph Chalom.

“One is the CLARITY Act to pass in the US,” Chalom pointed out in an interview with Robert Baggs on Cointelegraph’s Chain Reaction show published to YouTube on Thursday. It came on the same day that all 13 Republican members and two Democrats voted to advance the Digital Asset Market Clarity Act (CLARITY) at the US Senate Banking Committee meeting.

Chalom said that while many view the legislation, which aims to give the US crypto industry greater clarity, as “a US phenomenon,” it is also being seen as a major signal for other jurisdictions around the world.

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