XRP Climbs 3.7% as US Senate Nears CLARITY Act Vote

XRP News

XRP advanced as the US Senate moved toward a decisive vote on the Digital Asset Market Clarity (CLARITY) Act, the first federal framework that would set market-structure rules for tokens like XRP. Three Democratic senators — Chris Murphy, Jeff Merkley and Chris Van Hollen — publicly opposed the bill on ethics grounds at a Tuesday press conference, warning it fails to curb what they called “Trump’s crypto corruption.” Murphy argued the legislation is “worthless” if it shields the President’s influence over an industry he will help regulate. For an altcoin whose commodity-versus-security status has long been contested, the bill’s passage carries direct classification stakes.

President Donald Trump intensified pressure on lawmakers this week, posting on Truth Social on Monday that the Senate should pass the CLARITY Act swiftly to honor Republican Senator Lindsey Graham, who died over the weekend. Trump framed the vote as a competitive imperative, warning that China and other nations seek to dominate digital assets and artificial intelligence, and insisting the US must not cede its lead. Graham was not a lead negotiator on the measure but had backed several digital-asset efforts, including the GENIUS stablecoin law. The renewed White House push signals the administration wants the framework finished before the chamber’s recess window closes.

The central obstacle remains an ethics carveout. Democratic and Republican negotiators have spent months debating whether to bar the President, Vice President, members of Congress and other senior federal officials from profiting through crypto investments or related businesses while in office. According to people familiar with the talks, the latest draft circulating this week omits such provisions entirely. The dispute matters for regulated stablecoins and digital-asset issuers alike, because the same bill defines which tokens fall under commodity oversight versus securities law — a distinction that has shadowed XRP’s legal standing for years.

Senator Elizabeth Warren escalated the fight on Monday, writing to Majority Leader John Thune and Minority Leader Chuck Schumer that the current draft carries “significant flaws.” Warren demanded the bill prohibit the President, Vice President, senior executive officials, lawmakers and their families from earning income tied to the crypto sector. Her intervention followed Trump’s disclosure that he earned $1.4 billion from crypto ventures in 2025, including his memecoin and his family’s World Liberty Financial. Warren characterized the omission as handing “brazen financial corruption” legal cover, adding weight to Democratic demands that could stall the 60-vote path.

Support for a quick vote is not confined to the White House. Wyoming Republican Cynthia Lummis, a long-standing crypto advocate, publicly aligned with Trump’s position on X, calling Graham a close friend who believed the US must lead across critical sectors. White House crypto adviser Patrick Witt echoed the urgency, saying the bill represents enormous effort and that Congress “cannot keep delaying.” The CLARITY Act cleared the House of Representatives roughly a year ago during the Republicans’ “Crypto Week,” the same push that enacted the GENIUS Act. Senate committees have since completed preliminary reviews, leaving a floor vote as the remaining hurdle before a House reconciliation.

The measure needs a 60-vote threshold, forcing Republicans to win Democratic support despite their slim majority — an arithmetic that hands the ethics holdouts real leverage. The bill does carry backing beyond Congress: two law enforcement bodies, the National Organization of Black Law Enforcement Executives and the Federal Law Enforcement Officers Association, have endorsed it. Murphy separately convened a closed-door briefing for Democratic offices, hosted by Transparency International U.S., to weigh the ethics language. For XRP holders, the practical question is whether a finished framework delivers the regulatory clarity that has priced legal uncertainty into the token since its earliest enforcement battles.

COINOTAG’s proprietary 42-indicator composite S/R scoring engine rates the $1.1248 resistance at 86/100 (STRONG), driven by a confluence of the Fibonacci 0.214 retracement and the R1 pivot, with support at $1.1025 scored 80/100 on the Ichimoku Tenkan line and MACD cross. With spot at $1.1104 (up 3.74%), XRP trades between these bands, RSI at 47.68 and a bullish MACD signal despite an overall downtrend. Derivatives data shows a mildly positive 0.0056% funding rate and a crowded 3.14 long/short ratio (75.8% long) across $690.5 million in open interest — a setup vulnerable to a squeeze. With Fear & Greed at 25 (Extreme Fear), a reclaim of $1.1248 opens $1.1841; losing $1.1025 support invalidates the bullish case.