March 1 Clarity Act Deadline Effect, Ethereum and Solana Price Predicted to Surge?

Jakarta, Pintu News – The prices of Ethereum (ETH) and Solana (SOL) moved relatively stable on Thursday (Feb 26), continuing the recovery that has been seen since Wednesday (Feb 25). ETH rose to $2,050, while SOL jumped to $87.

This recovery trend could potentially continue as market participants pay attention to the stablecoin-related deadline in the Clarity Act that falls on March 1.

Clarity Act Key Deadline on March 1

One important catalyst for Ethereum, Solana, and other altcoins is the stablecoin-related deadline in the Clarity Act that falls on March 1. According to Brad Garlinghouse, CEO of Ripple, the deadline was set by the White House to pressure both camps to reach an agreement soon.

Read also: Solana Reverses after Fakeout: Bears Trapped, Bullish Divergence Signal Emerges!

The Clarity Act, which aims to change the regulatory framework for cryptocurrencies in the United States, stalled last month in the Senate after Coinbase withdrew its support. Coinbase felt that the resistance from banks was triggered by the stablecoin provisions in the bill.

In essence, the banks rejected the idea of crypto exchanges providing stablecoin rewards to users. They argue that this scheme has the potential to encourage outflows of funds from banks, thus suppressing lending capacity and ultimately impacting the economy.

Therefore, the White House is said to be trying to mediate between the two parties to find common ground. If passed, this bill is projected to be the second major regulatory victory for the crypto industry after the GENIUS Act passed last year.

On the predictions side of the market, traders at Polymarket are placing bets that the Clarity Act will be passed into law this year. In a poll worth over $242k, the odds stand at 69%, up sharply from this week’s low of 48%.

In theory, the passage of the Clarity Act could be positive for crypto markets as it simplifies regulatory governance, with a greater portion of oversight being transferred to the CFTC.

However, it’s not necessarily the case that Ethereum, Solana and other tokens will take off immediately as other factors can also influence price movements, including geopolitical risks such as a possible US attack on Iran in the coming weeks, as some analysts expect.

Solana Price Prediction Based on Technical Analysis

On the daily chart (Feb 26), SOL prices bounced in recent days, moving from a low of $75.65 to a high of $92. This bounce came after a double bottom pattern was formed, which in technical analysis is often seen as a signal of reversal to an uptrend.

However, SOL prices are still below all moving averages, while the Supertrend indicator has remained in the red since January this year. In addition, SOL has also formed a bearish flag pattern, which often leads to a breakdown.

As such, SOL’s most likely price projection remains bearish, with an initial target of $75.65. If that level is broken to the downside, the chances of a further decline increase, potentially leading to $65.

Read also: Chainlink Ready to Take Off? Canton Integration Opens Access to $8 Trillion RWA Market!

Ethereum Price Prediction Based on Technical Analysis

The daily chart (26/2) shows that ETH prices also recovered this week as the crypto market rallied. However, similar to Solana, ETH is still moving below all moving averages, while the Supertrend indicator is red again. There are also indications of a bearish flag pattern forming.

As such, there is a risk of ETH continuing its downtrend, with a potential retest of the key support area at $1,756, which is its lowest level this year.

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.

Enjoy an easy and secure crypto trading and crypto gold investment experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CoinGape. Top 2 Price Predictions: Ethereum And Solana Ahead Of March 1 Clarity Act Stablecoin Deadline. Accessed on February 27, 2026