XRP tests $1.40 support as U.S. Congress nears review of Clarity Act impacting crypto regulation.

XRP is holding near the key $1.38–$1.40 support zone amid cautious trading ahead of the U.S. Congress potentially advancing the Clarity Act, a bill that could clarify how digital assets are classified as securities or commodities. This regulatory clarity is seen as crucial for institutional adoption and could reduce compliance barriers for brokers and asset managers. XRP's price momentum is cooling with lower trading volumes, but broader crypto market optimism driven by Bitcoin ETF inflows supports altcoins. The market awaits the bill's committee markup stage, which could trigger increased volatility and set the tone for XRP's near-term price direction.