Prediction markets now assign a 42% chance that the CLARITY Act, which would legally classify XRP as a digital commodity, will pass in 2026, down from about 73% earlier this year. This bill is crucial for XRP as it would remove regulatory uncertainty and potentially unlock billions in institutional ETF investments. The decline in odds is due to opposition from an anti-human trafficking coalition concerned about a provision shielding decentralized finance developers, resistance from the banking lobby over stablecoin rules, and a tight Senate vote margin requiring 60 votes. The legislative window is closing quickly, with a key deadline before the August recess. Passage would likely boost XRP's price toward several dollars by year-end, while failure or delay could cause XRP to lose its unique catalyst and move more in line with Bitcoin.
XRP price rose nearly 4% to $1.1574, reaching a two-week high supported by Bitcoin's strength, whale accumulation, and $5.66 million inflows into XRP ETFs. Whale wallets increased holdings by 2.8%, while smaller holders reduced exposure. Additionally...
Fintech company RedotPay has introduced the RLUSD card, a new payment product powered by the XRP Ledger and linked to the Visa network. This card allows users to pledge XRP as collateral at a 50% loan-to-value ratio to access credit lines settled in ...
XRP has seen a 16% increase in trading volume alongside a surge in derivatives open interest, reaching $2.53 billion across major platforms. This rise in leveraged trading contrasts with a dormant spot market, suggesting traders are positioning for s...
Senate Republicans introduced an updated CLARITY Act aiming to clarify U.S. digital asset regulations, which could significantly benefit XRP and the XRP Ledger ecosystem. The bill maintains clear distinctions between digital assets and securities, en...
XRP has rallied over 3%, supported by whale accumulation and a technical breakout above $1.15, marking its strongest move since May. However, retail investors are reducing holdings, ETF inflows have cooled, and spot trading volumes have dropped signi...
