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XRP jumps over 6% as Senate advances crypto-friendly CLARITY Act, boosting regulatory optimism.

Market News
14 May 2026
Bitcoin
View Source
Bullish
pluang ai news

XRP surged to session highs near $1.54, gaining about 6.6% after breaking out from consolidation. The rally was driven by increased buying volume and momentum, coinciding with the Senate Banking Committee's 15-9 vote to advance the CLARITY Act, which Ripple supports. This legislation aims to clarify regulatory oversight between the SEC and CFTC, potentially fostering greater institutional adoption and confidence in digital assets. While technical indicators show strong bullish momentum, overbought conditions suggest a possible short-term price consolidation.

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