Clarity Act Delay Could Spark Buying Opportunity in XRP, XLM, and HBAR

Levi Rietveld believes the US Clarity Act is unlikely to pass the Senate before its summer recess or even in 2026. The analyst cites possible Federal Reserve rate hikes, oil-related inflation, and geopolitical uncertainty as near-term challenges.

Rietveld argues that investors should separate short-term regulatory and macroeconomic risks from the longer-term institutional adoption case for digital assets.

The current situation is described by Rietveld as 'nothing short of insanity' due to misleading social-media claims about the legislation's certainty of passing. The Senate had three days to pass the Clarity Act before its summer recess, but it would need 60 votes and currently has only 53 Republican supporters.

Rietveld maintains that the crypto industry does not depend entirely on the legislation, as regulatory 'rules of the road' could still emerge through other channels. He expects macro pressures and a stalled Clarity Act to produce a potentially 'last final' major buying opportunity for XRP, XLM, and HBAR.

Despite this, Rietveld highlights efforts by major financial institutions to expand crypto offerings, such as BNY Mellon's reported plans around crypto staking. He argues that institutional integration can continue regardless of whether Congress passes the Clarity Act.