XRP Gains Momentum Ahead of Crucial Senate Vote

XRP is trading at $1.3804 after a marginal move today, closing near the session's high. The asset stays above its key moving averages, reflecting ongoing momentum over various timeframes.

The Senate will hold a cloture vote on the Clarity Act on September 15, potentially defining XRP's US regulatory status and compliance requirements.

XRP ETFs have reported nine consecutive weeks of net inflows, now totaling $1.7 billion in assets under management, with growing use as institutional collateral.