Chainlink Soars Ahead of US Senate Vote on CLARITY Act
The price of Chainlink (LINK) has been steadily climbing over the past few days, and some analysts believe that it could reach a new high if certain events unfold in its favor. On September 15, 2026, the US Senate is set to vote on the CLARITY Act, which aims to provide regulatory clarity for digital assets in the country.
Chris Barrett, a Chainlink executive, has expressed his confidence that the vote will pass, stating that it is a 'straightforward opportunity' for both sides of the aisle to support digital asset innovation. This sentiment has been well-received by traders and analysts, who believe that a favorable outcome could propel LINK past its current price of $11.473.
The technical analysis of Chainlink's chart suggests that it is currently in an uptrend, with a rising trendline forming support at around $11.114. If the price breaks above $12.206, it could lead to a push towards $13.667, according to some analysts.
However, it's worth noting that this setup is a short-term one and can play out or invalidate within hours rather than days. The outcome of the CLARITY Act vote is still uncertain, and wider crypto market conditions could also impact Chainlink's price.