XRP Recovery Hinges on Senate Passing CLARITY Act

XRP's price recovery to $2 is contingent on the US Senate passing the CLARITY Act, according to recent data from Glassnode. This legislation aims to provide clarity on the regulatory framework for digital assets in the country.

Nearly 75% of XRP's realized capitalization is concentrated in coins that last moved between six months and two years ago. Their average realized prices start above $2, leaving the market's largest cost-basis cohorts below their modeled entry levels while XRP trades in the mid-$1.40s.

A rally toward $2 would approach the average cost of the cohorts carrying most of XRP's realized value, giving the market a chance to show whether those coins remain dormant or move more actively as modeled losses shrink.