XRP Bulls Eye Massive Rally as CLARITY Act Momentum Builds

XRP is trading at $1.05 with a 24-hour trading volume of approximately $588 million, consolidating in a tight range around its current price.

Despite sluggish price action, analysts argue that XRP is coiling before a significant breakout, suggesting on-chain fundamentals are strengthening even as the price drifts sideways.

The passage of the CLARITY Act, which has cleared its committee hurdle and reached the Senate floor, could be a key catalyst for unlocking institutional capital. Analyst Celal Kucuker has set a new all-time high target just above $6 by year-end, hinging on the passage of the legislation.