XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress
CoinDesk·
60-second summary
XRP surges 5% as the CLARITY Act advances in the Senate, reviving hopes for deeper institutional investment in XRP products. Market-structure bill momentum is building, but a full bullrun still hinges on Congressional approval. Institutional investors remain cautious, awaiting clarity on regulatory frameworks before committing significant capital to the digital asset market.
The token jumped 5% after a Senate committee moved the market-structure bill forward, reviving hopes that legal clarity can pull deeper institutional money into XRP products.