--- title: "Key facts: Senate Advances CLARITY Act 15-9; ETH Faces $2,211 Resistance" type: "News" locale: "en" url: "https://longbridge.com/en/news/287217974.md" description: "The Senate committee advanced the CLARITY Act 15-9, potentially impacting Ethereum (ETHUSD) with a 75% chance of a Senate vote before August. ETH faces resistance at $2,211, with support at $2,067. On-chain data shows large ETH wallets at a 10-month low, indicating distribution by holders. Ethereum's long-term outlook is weakening due to competition and upcoming privacy upgrades in the Hegota hard fork. A report suggests ETH could reach $250,000 if its market cap matches gold's." datetime: "2026-05-21T12:14:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287217974.md) - [en](https://longbridge.com/en/news/287217974.md) - [zh-HK](https://longbridge.com/zh-HK/news/287217974.md) --- # Key facts: Senate Advances CLARITY Act 15-9; ETH Faces $2,211 Resistance - Senate committee advanced the CLARITY Act 15-9; traders note Ethereum (ETHUSD) could be impacted if bill passes, with some sources estimating ~75% chance of Senate vote before August recess.1 - On-chain data: wallets \>10,000 ETH hit 10-month low; 1,000–10,000 ETH wallets at nine-month low, signaling increased distribution by large holders and lower buy-side pressure on ETHUSD2 - Ether (ETHUSD) hits resistance near $2,211; a daily close above could target the 50-day EMA and $2,389. Support sits at $2,067 as the key downside level.3 - ETHUSD weakness: ETH/BTC near 0.0275, softer spot and derivatives volumes, declining funding rates, rising implied volatility; move coincided with stronger-than-expected US CPI.4 - Ethereum's long-term outlook seen as weakening due to Solana's retail traction, Hyperliquid leading perpetual-futures, and the rsETH exploit — key factors affecting ETHUSD risk and liquidity.5 - Ethereum devs target privacy upgrades in the Hegota hard fork slated H2 2026, aiming to embed privacy into core ETH usage rather than separate tools.6 - Report projects Ether (ETH) could hit $250,000 if ETH market cap matches gold’s $32T, citing ETH as a productive store of value and Ethereum as a global settlement layer by 20457 ### Related Stocks - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [EETH.US](https://longbridge.com/en/quote/EETH.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) ## Related News & Research - [Bankless founder liquidates his ETH holdings; Ethereum's most loyal followers have all left.](https://longbridge.com/en/news/287222530.md) - ['The Entire Economy Is Going To Be Tokenized,' Consensys CEO Joseph Lubin Says, Positioning Ethereum As The Winner](https://longbridge.com/en/news/286265353.md) - [VanEck Ethereum ETF 1Q 2026: Net income $(44.78) M — 10-Q Summary](https://longbridge.com/en/news/286457595.md) - [Intchains (ICG) Q4 2025 Earnings Transcript](https://longbridge.com/en/news/287244297.md) - [Ethereum Community Debates Changes To Staking Model As ETH Remains Stuck Below $2,300](https://longbridge.com/en/news/286153164.md)