[Solana Policy Institute CEO: CLARITY Act Has Only a 10% Chance of Passing Before Midterm Elections] According to The Block, Solana Policy Institute CEO Miller Whitehouse-Levine stated at the Wyoming Blockchain Seminar that the CLARITY Act has only about a 10% chance of passing before the November midterm elections, as the bill has stalled during Congress's August recess. He noted that as traditional financial institutions become more involved, the path to advancing the bill has grown increasingly complex—banks still have objections to the stablecoin yield provisions, while securities and derivatives firms are focused on additional clauses that could impact their businesses. On prediction markets, Polymarket shows a 21% probability of the bill being signed into law by the end of the year, while Kalshi shows 23%, both significantly down from 50% a month ago. Whitehouse-Levine urged regulatory agencies to act more swiftly, stating, 'The industry cannot continue to wait for Congress.'