Chainlink founder Sergey Nazarov predicts a 70% to 80% likelihood that the CLARITY Act will be passed before the upcoming U.S. midterm elections. He believes this legislative move could significantly boost institutional adoption of decentralized finance (DeFi), potentially leading to a tenfold increase in cryptocurrency prices overnight. Nazarov also highlighted the need to educate lawmakers on blockchain's role in reducing money laundering, pointing out that the current rate of illicit activity in crypto is already below 1%.