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XRP holds near $1 as US Senate delays CLARITY Act vote, cooling regulatory hopes.

Market News
09 Aug 2026
Tokenpost
View Source
Bearish
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XRP is trading just above $1 after the US Senate postponed the CLARITY Act vote, delaying clearer rules on digital asset classification. This setback has dampened short-term optimism despite ongoing technical upgrades to the XRP Ledger aimed at enhancing institutional use. Ripple also raised $500 million to support enterprise growth and its RLUSD stablecoin project. The near-term price outlook depends on regulatory clarity, while longer-term prospects hinge on XRPL improvements and Ripple's initiatives.

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