XRP Price Volatility Ahead of Crucial Senate Vote on Clarity Act
The XRP price traded near $1.07 on Monday after falling 1.05% within 24 hours, according to recent data.
Traders are closely monitoring the CLARITY Act, which may have a significant impact on sentiment if passed before its August 10 recess deadline.
The Senate's tight schedule has given lawmakers little time to review the bill, with an ordinary cloture motion potentially filed as early as Wednesday, August 5.
XRP exchange-traded funds recorded $7.69 million in net inflows on July 31, boosting cumulative inflows to $1.51 billion and adding to its trading value of $8.62 million.
The XRP price prediction for this week is uncertain, with some analysts suggesting a robust rebound might aim at $1.15 if buyers take over, but others caution that failure to pass the bill by 2026 could postpone serious action until 2030.