Steady XRP Hinges on Regulatory Clarity Amid CLARITY Act Delays
XRP's price has remained steady around $1.40 despite delays in the CLARITY Act, which aims to clarify crypto regulation in the US.
The act faces hurdles in the Senate and its progress is uncertain.
XRP, however, has a clear legal advantage as it has already completed a U.S. court case with the SEC that set boundaries on its sales.
The case resulted in a $125 million penalty for Ripple but confirmed that some XRP sales are not securities offerings.