According to Eleanor Terrett, Senator Ruben Gallego and nine other senators have released a joint statement opposing the current version of the GENIUS Act, citing multiple concerns with the updated bill text released last week (source: Eleanor Terrett, Twitter, May 3, 2025). The senators' stance signals potential delays in regulatory clarity for the cryptocurrency sector, which could create short-term uncertainty for crypto traders and investors. Key issues highlighted include insufficient protections and ambiguities that may affect market participants, raising caution for those trading in digital assets until further legislative developments are confirmed.

According to Cas Abbé, RWA TVL has now surpassed $10 billion, indicating a bullish trend in the RWA sector despite the current market uncertainty. This growth suggests that traders might consider accumulating RWA coins as part of their portfolio diversification strategy, especially as traditional crypto assets face volatility. The continuous rise in Total Value Locked (TVL) in RWA signifies strong investor confidence and potential long-term profitability. Traders are advised to monitor this sector closely for further opportunities.