Trump's CLARITY Act Endorsement Sends XRP Surging Amid Market Rally
XRP surged nearly 10% to around $1.09 in early Thursday trading after President Donald Trump called on Congress to pass a fair version of the CLARITY Act at a White House crypto gathering.
The act's passage could pave the way for digital-asset innovation, according to Trump. The move above $1.08 broke a several-day stall near that price level.
Ripple CEO Brad Garlinghouse noted 67 million Americans now hold crypto, nearly one in four, saying 'crypto isn't a fringe industry.'